"cop27"

Doubling the rate of energy efficiency improvements from 2.2 per cent to over 4 per cent annually across sectors by 2030 is also among the possible elements listed in the UN report for discussion at COP28.

Though the agreement to set up a climate compensation fund is a welcome move, the just-concluded global climate summit — COP27 — at Egypt’s Sharm El-Sheikh has failed to instil confidence regarding tackling the climate crisis. After two weeks of intense negotiations among 190 nations at the 27th United Nations Climate Summit, the outcome fell […]

The signals emerging from the global climate summit in Egypt are quite disappointing. There is continued wrangling among the nations on the strategy to tide over the climate crisis. After two weeks of intense negotiations among 190 nations at the 27th United Nations Climate Summit — COP27—, the UN came up with the first draft […]

Fund flow has become a tricky issue as no one accepts their role in contributing to the devastation

The 60 largest banks in the world have invested $3.8 trillion in fossil fuels since the Paris agreement.

The clock is ticking away as the climate catastrophe appears imminent. With the rich nations failing to honour their funding commitments in climate change mitigation, the crisis is deepening by the day. In the ongoing global climate summit—COP27—at Sharm el-Sheikh in Egypt, India has rightly put the onus on wealthy nations to substantially enhance the […]

The choice is between existence and extinction. It’s a ‘now or never’ situation as humanity faces the unprecedented impact of climate change. Climate action can no longer be put off nor can the world afford to continue bickering over funding and technology transfers. As the United Nations Secretary-General Antonio Guterres summed up during his speech […]

The pandemic and Ukraine war have only delayed carbon reduction efforts globally as coal is being used instead of gas due to scarcity created by war.

Ahead of the United Nations climate conference — COP27 —, there are ominous reports suggesting that the nations are far behind the targets set for containing global warming. Despite the grand pledges, greenhouse emissions continue to play havoc with the planet. According to the United Nations Environment Programme’s (UNEP) Emissions Gap Report 2022, the world […]

Despite the lofty promises, western countries have failed to compensate for the damage they have caused to the environment over decades. Undoubtedly, the issue of climate finance will be the key focus of the deliberations as nations gear up for yet another round of the United Nations climate conference — COP27— slated to be held […]