Net-zero presents many opportunities for India — and challenges

News: At Glasgow COP26 summit, one of the key announcements made by India was a target for achieving net-zero. India committed to a 2070 net zero target. This is not just significant for the world, but also a sizeable economic opportunity for India. The challenge now is to overcome the obstacles along the way. Must… Continue reading Net-zero presents many opportunities for India — and challenges

Do WTO like you did COP

News: India should balance its geopolitical interests and geo-economic interests equally. In COP26, by offering to do more than what was expected out of it, India has tried to disarm its critics from the Western countries while voicing the concerns of the South. Later this month, India will find again find itself in a similar… Continue reading Do WTO like you did COP

New Climate Pledges barely affect global warming: UN

What is the News? ​​The United Nations Environment Programme(UNEP) has released an update to their Emissions Gap Report 2021. What are the key findings of the report? Several Countries have announced new Nationally Determined Contributions(NDCs) or emissions pledges during the COP26 climate summit. For example, India has announced a target to be carbon-neutral by 2070.… Continue reading New Climate Pledges barely affect global warming: UN

Towards better adaptation: Global model to assess resilience to climate risks launched

What is the News? The Global Resilience Index Initiative (GRII) has been launched at COP26. What is the Global Resilience Index Initiative(GRII)? GRII is a public-private partnership initiative launched to build a universal model for assessing resilience to climate risks. Aim: To help global economic sectors understand the value of building climate resilience and the… Continue reading Towards better adaptation: Global model to assess resilience to climate risks launched

Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative

What is the News? On the sidelines of COP 26 in Glasgow, the LeadIT (Leadership Group for Industry transition) Summit 2021 was held in hybrid mode presided by India and Sweden.  What is the Leadership Group for Industry Transition(LeadIT)? Launched by: LeadIT was launched by the Prime Ministers of Sweden and India with support from… Continue reading Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative

The carbon markets conundrum at COP26

Synopsis: Article 6 of the Paris Agreement needs special attention in the upcoming climate summit. It may help in encouraging carbon mitigation efforts in developing countries. Article 6 of the Paris Agreement for the carbon market would be at the center of discussion in the 26th Conference of the Parties (COP26). It has been a… Continue reading The carbon markets conundrum at COP26

India’s difficult transition from fossil fuels to net-zero emissions

Synopsis: India faces many challenges in reducing dependence on coal and oil but the greater use of gas in our energy mix could ease the way. Introduction The coal crisis has forced the Indian government to ramp up domestic production and imports of coal, the dirtiest fossil fuel, while the world focuses on net-zero carbon… Continue reading India’s difficult transition from fossil fuels to net-zero emissions

Education is a powerful enabler of climate-change containment

Synopsis: At this critical juncture in the history of humanity, we must now re-imagine education as a tool that can play a transformative role in mitigating climate change. Education can become an active agent in catalysing climate mitigation and adaptation in line with the global agreements. Introduction In the lead up to CoP-26, more countries… Continue reading Education is a powerful enabler of climate-change containment

Climate justice and India’s choice

Synopsis:  India should equally weigh its stand on Climate justice with the cost of carbon-heavy future. Introduction The world is facing a difficult situation with cutting back on CO2 pollution. Global emissions of CO2 today are at about 55 gigatons a year. To avoid catastrophic events with a reasonable probability, emissions have to go to… Continue reading Climate justice and India’s choice

Deconstructing climate finance

Synopsis: Behind the rhetoric of mobilising climate finance lies the grim reality of burdening the G77 and its people with a fresh load of “green” debt. Introduction Media reports have claimed that developed countries are inching closer to the target of providing $100 billion annually in climate finance to developing countries by 2025 (the original… Continue reading Deconstructing climate finance