Acting on climate change, a $11 trillion opportunity for India: Report
3 years, 3 months ago

Acting on climate change, a $11 trillion opportunity for India: Report

The Hindu  

India must act now to prevent the country from losing $35 trillion in economic potential over the next 50 years due to unmitigated climate change, a new report from the Deloitte Economics Institute has said. The report, titled 'India's turning point: How climate action can drive our economic future', also reveals how the country could gain $11 trillion in economic value instead over the same period, by limiting rising global temperatures and realising its potential to 'export decarbonisation' to the world. No one is immune to the impact of climate change, but for India this is a window of opportunity to lead the way and show how climate action is not a narrative of cost but one of sustainable economic growth," according to Atul Dhawan, Chairperson, Deloitte India. The report also said that if governments, businesses and communities act boldly and rapidly in the next decade to address climate change, average global temperature rises can be limited to around 1.5° celsius by 2050 -- a scenario that will minimise the impact of climate change for India and the rest of the world.

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History of this topic

India's climate challenge and the rise of a new green economy
3 hours, 1 minute ago

India's climate challenge and the rise of a new green economy

Live Mint  

As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. While the challenges posed by climate change are daunting, they also present unique opportunities for India to lead the global transition to a green economy. By focusing on renewable energy, sustainable agriculture, urban resilience, and the integration of …

Climate change is now a real and pressing economic threat
3 hours, 1 minute ago

Climate change is now a real and pressing economic threat

Live Mint  

New Delhi: Climate change is no longer just affecting lives. “We must reduce emissions because a country like India needs a stable climate to ensure growth. Cross-border tariffs Climate change may disrupt global trade and economic development around as developed economies in the European Union are coming up with measures like the Carbon Border Adjustment Mechanism, a policy tool to …

The global warming fight has a challenge for India
1 day, 8 hours ago

The global warming fight has a challenge for India

The Hindu  

The outcome of the climate conference in Azerbaijan has been disappointing. Developed countries have accepted 2050, China 2060, and India 2070 as the deadline for energy transition to net zero emissions by 2070. We need to rapidly ramp up electricity generation to establish our claim to an energy level that is sufficient to sustain future growth before we are constrained …

CCPI 2025: Teaching students about India's climate policies and challenges
4 days, 3 hours ago

CCPI 2025: Teaching students about India's climate policies and challenges

India Today  

India's climate change progress has earned it the 10th position on the Climate Change Performance Index 2025, a tool widely used by researchers and educators to evaluate nations' environmental efforts. Here's how to approach it: INDIA'S ACHIEVEMENTS: A CASE STUDY FOR STUDENTS India's strong performance in greenhouse gas emissions and energy use categories highlights its dedication to sustainable practices, particularly …

Data dive: Dark clouds hover over India’s solar story
1 week ago

Data dive: Dark clouds hover over India’s solar story

Live Mint  

Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. Solar’s share of electricity generated from renewable sources has Widening gap Of the 66 GW of solar power capacity installed as of …

2024 in review: India’s race for sustainable survival as climate crisis deepens
1 week, 1 day ago

2024 in review: India’s race for sustainable survival as climate crisis deepens

Live Mint  

The year is set to end as the hottest on record, marking the second consecutive year of unprecedented warming after 2023 claimed the same title. Data from the European Union's Copernicus Climate Change Service shows that that average global temperature in nine out of the first 11 months in 2024 was already 1.5°C above pre-industrial levels. The report said 2024 …

The climate future: We're entering a world of falling GDP and overheated seas
1 week, 4 days ago

The climate future: We're entering a world of falling GDP and overheated seas

Live Mint  

Sitting down to write this newsletter, I was thinking about a way to introduce it that would chime in with the fact that we are in December. According to the November data of the European Union’s Copernicus Climate Change Service, the average global surface temperature was 1.62 degrees Celsius hotter than pre-industrial levels. View Full Image In May, a working …

The issue of India’s economic growth versus emissions
2 weeks, 1 day ago

The issue of India’s economic growth versus emissions

The Hindu  

The Indian economy has consistently showcased its robust growth over the past few decades. The claim The claim of India’s decoupling made in the Economic Survey comes from comparing GDP and emissions growth rates between 2005 and 2019. While there has been no absolute decoupling in India, since 1990, GDP in India has grown at a much higher pace than …

India on climate crisis at UN court: Developing nations suffer most
2 weeks, 4 days ago

India on climate crisis at UN court: Developing nations suffer most

India Today  

India slammed developed countries for causing the climate crisis during a landmark hearing at the International Court of Justice on Thursday, saying they exploited the global carbon budget, failed to honour climate-finance promises and are now demanding that developing countries restrict their resource use. Making submissions on behalf of India, Luther M Rangreji, joint secretary in the Ministry of External …

Climate myopia: This year’s CoP was a big disappointment but small surprise
2 weeks, 4 days ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

Boost Green Capex With 'Climate Deficit' to Reverse India's GDP Slowdown
2 weeks, 6 days ago

Boost Green Capex With 'Climate Deficit' to Reverse India's GDP Slowdown

The Quint  

However, in terms of social or political outcomes, inflation is not a statistical idea based on indices rising up from a base year but a lived experience called price rise. Developing countries, especially India, saw a grand failure in the inability of developed countries to sufficiently increase the funding to decelerate climate change. While the COP29 attended by delegates from …

India’s stand against inadequate climate finance at COP29
3 weeks, 6 days ago

India’s stand against inadequate climate finance at COP29

Hindustan Times  

The Conference of Parties 29 climate summit in Baku, Azerbaijan, ended on a dramatic note as negotiators announced a pledge to triple annual climate finance to $300 billion by 2035, with an aspirational target of $1.3 trillion. Therefore, we oppose the adoption of this document.” India’s rejection of the climate finance package came in the face of celebration by developed …

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?
4 weeks ago

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?

Firstpost  

The tumultuous COP29, the UN climate summit, concluded in Azerbaijan’s Baku after talks continued until early Sunday. Developed nations forced a deal agreeing to provide $300 billion a year to the developing world from 2035 in climate finance. Developed nations forced an agreement promising to put together $300 billion a year from 2035 in climate finance. Mukhtar Babayev, COP29 President, …

Climate talks end with mere $300 bn pledge
4 weeks, 1 day ago

Climate talks end with mere $300 bn pledge

New Indian Express  

The United Nations Climate Change Conference in Baku concluded on Sunday amid high drama with the adoption of a controversial agreement to triple climate finance for developing countries to $300 billion annually by 2035 as against the $1.3 trillion sought by developing countries per year until 2030. The process and the amount agreed upon faced strong opposition from India and …

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'
4 weeks, 1 day ago

COP29 raises climate finance to $300 billion a year, India says 'optical illusion'

India Today  

After a complex negotiation at the climate finance in Baku during COP 29, countries adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with the impacts of climate change. As per the final official draft by UNFCC, the central focus of COP 29 was on bringing together nearly 200 countries in Baku and …

Climate finance: Deploy the Loss and Damage Fund with care
1 month ago

Climate finance: Deploy the Loss and Damage Fund with care

Live Mint  

The urgency of climate adaptation has never been more apparent. By aligning L&D resources with the National Action Plan on Climate Change, India can enhance its ability to manage and disburse global investments effectively. L&D funding could significantly bolster India’s financial capacity for climate action, fostering resilience and supporting its transition to a low-carbon economy. India must secure commitments from …

US, India lead G20 on climate action but Trump presidency might change things: Study
1 month ago

US, India lead G20 on climate action but Trump presidency might change things: Study

Firstpost  

A new study revealed that the United States and India are the top two nations in the G20 to take climate policy measures and reduce carbon emissions. However, the analysts warned that the advent of President-elect Donald Trump could be detrimental to these gains As talks about climate financing falter at the COP29 summit in Azerbaijan, a study noted that …

India drops two places but remains among top 10 climate performers: Report
1 month ago

India drops two places but remains among top 10 climate performers: Report

Deccan Chronicle  

Baku : India remained in the top 10 on a list of 63 countries assessed for efforts to combat climate change, despite dropping two spots compared to an year ago, thanks to its low per-capita emissions and rapid deployment of renewables, a report said on Wednesday. The Climate Change Performance Index -- published by think tanks Germanwatch, New Climate Institute, …

India: Set new finance goal on climate justice
Trending News
1 month ago

India: Set new finance goal on climate justice

New Indian Express  

With COP29 negotiations reaching a critical stage, India on Tuesday demanded clear answers from developed countries on the New Collective Quantified Goal for climate finance. Delivering the national statement, Kirti Vardhan Singh, Minister of State in the Ministry of Environment, Forest, and Climate Change, said all NCQG decisions for climate finance must reflect the principles of climate justice and equity. …

India drops 2 places, but remains in top 10 climate performers: Report
Trending News
1 month ago

India drops 2 places, but remains in top 10 climate performers: Report

India Today  

India remained in the top 10 on a list of 63 countries assessed for efforts to combat climate change, despite dropping two spots compared to a year ago, thanks to its low per-capita emissions and rapid deployment of renewables, a report said on Wednesday. The Climate Change Performance Index, published by think tanks Germanwatch, New Climate Institute and Climate Action …

India flags mitigation burden at Baku meet
1 month ago

India flags mitigation burden at Baku meet

Hindustan Times  

While India and the Global South are bearing huge economic burdens in mitigating climate crisis, severely limiting their capacity to meet developmental needs, it has not dampened India’s resolve on climate action, Kirti Vardhan Singh, minister of state for environment and external affairs said at COP29 on Tuesday. “Despite not contributing to the problem, we in the Global South are …

UN chief urges aligning climate action with limiting global warming to 1.5°C
1 month ago

UN chief urges aligning climate action with limiting global warming to 1.5°C

Live Mint  

New Delhi: Every country’s next round of nationally determined contributions must contain unambiguous, absolute emissions reduction targets for 2030 and 2035, and align fossil fuel production and consumption plan to limiting global warming to 1.5°C above pre-industrial levels, UN secretary-general António Guterres said on Tuesday at the G20 meeting in Rio de Janeiro, Brazil. This assumes significance, as negotiations for …

COP29 and reducing climate leadership: What India can do
1 month ago

COP29 and reducing climate leadership: What India can do

Hindustan Times  

The Conference of Parties 29 has seen a lacklustre attendance with heads of State from major emitters including China, United States, South Africa, Germany and Canada not in attendance. India must take a nuanced stance advocating for continued resource transfers from the North to bolster India’s domestic capacity to become a crucial partner in achieving global climate goals. India would …

Global South faces climate burden: India highlights challenges at COP29
1 month ago

Global South faces climate burden: India highlights challenges at COP29

India Today  

At the ongoing COP29 summit in Baku, Azerbaijan, India's Minister of State for Environment, Kirti Vardhan Singh, highlighted the critical juncture at which the global community stands in its collective fight against climate change. Speaking on behalf of the Global South, Singh pointed the disproportionate burden faced by developing nations due to climate change. Kirti Vardhan Singh also reiterated that …

Climate finance is central for enabling and implementing climate actions, says India at COP29
1 month ago

Climate finance is central for enabling and implementing climate actions, says India at COP29

Live Mint  

New Delhi: Highlighting four essential aspects of global climate action, Leena Nandan, secretary of the ministry of environment, forest and climate change at COP29 on Monday, said the pre-2030 period is an opportunity to enhance global climate action through climate finance to reduce emissions and meet net zero. It is an opportunity to enhance global climate action,” Nandan said in …

India Voices Concern Over Climate Finance at CoP29 Baku Talks
1 month ago

India Voices Concern Over Climate Finance at CoP29 Baku Talks

Deccan Chronicle  

New Delhi: India on Sunday expressed serious concern about the progress by the developed countries to engage in a climate finance and mitigation work programme at CoP29 in Baku, Azerbaijan. However, India asserted that those with the highest capacity to take climate action have continuously shifted goalposts, delayed climate action, and consumed a highly disproportionate share of the global carbon …

Top polluting nations must work together to come up with solution, warns John Kerry at HTLS
1 month, 1 week ago

Top polluting nations must work together to come up with solution, warns John Kerry at HTLS

Hindustan Times  

NEW DELHI: The world is already exceeding the crucial 1.5°C warming threshold, former US special envoy for climate John Kerry warned, urging countries engaged in the ongoing global climate conference, COP29, to work hard to find a solution, especially the 23 nations and regions most responsible for emissions. Former US secretary of state John Kerry has in recent years traversed …

India pitches for $1.3 trillion in annual climate support for developing nations
1 month, 1 week ago

India pitches for $1.3 trillion in annual climate support for developing nations

Live Mint  

Intervening on behalf of like-minded developing countries, India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal till 2030. Developing countries require up to $1.5 trillion a year for their unique climate needs and net zero transition, according to various estimates. Also Read: COP29 stresses global …

COP29: India demands climate justice, criticises unmet $100 billion finance pledge
1 month, 1 week ago

COP29: India demands climate justice, criticises unmet $100 billion finance pledge

India Today  

At the High-Level Ministerial on Climate Finance during COP29 in Baku, India, representing Like-Minded Developing Countries, pushed for the urgent need for heightened climate ambitions to address escalating climate disasters. Delivering India's statement, Naresh Pal Gangwar, Additional Secretary of the Ministry of Environment, Forest and Climate Change and lead negotiator at COP29, highlighted the disproportionate impacts of climate change on …

At COP29, India expresses concerns over how climate finance shifting to unfair loan schemes
Trending News
1 month, 1 week ago

At COP29, India expresses concerns over how climate finance shifting to unfair loan schemes

India TV News  

Baku : India, as part of the Like-Minded Developing Countries bloc, stood firm in calling for equitable financial support from developed nations at the ongoing COP29 climate negotiations, multiple sources from the grouping told news agency PTI. At the annual climate talks, India negotiates in key groupings such as the Like-Minded Developing Countries, G77 and China, and BASIC, where it …

COP 29 in Baku begins amid ‘Trump dilemma’: India should tread carefully
1 month, 1 week ago

COP 29 in Baku begins amid ‘Trump dilemma’: India should tread carefully

Firstpost  

Donald Trump’s return to the US presidency has put questions on climate action; however, if India has to safeguard the security of 1.4 billion people, it must look at climate change seriously The 29th Conference of the Parties on Climate Change began in Baku, Azerbaijan, and will carry on from November 11 to 22, 2024. Trump’s position on climate change …

Mint Primer: Your two-minute guide to COP29... and dystopia
1 month, 1 week ago

Mint Primer: Your two-minute guide to COP29... and dystopia

Live Mint  

Nations, businesses and civil society are set to discuss ways to tackle the climate crisis at yet another Conference of Parties to the UN Framework Convention on Climate Change, The 29th meet is in Baku, Azerbaijan, on 11-14 November. A massive $2.4 trillion a year—four times what is currently invested—is required for poor and emerging economies to cut greenhouse gas …

India to gain from Donald Trump’s presidency, expects Moody’s
1 month, 1 week ago

India to gain from Donald Trump’s presidency, expects Moody’s

Live Mint  

India stands to gain significantly from the shift of power if President-elect Donald Trump makes the White House comeback after his historic win in the US presidential elections, according to a report by the global ratings agency Moody's cited the news portal Hindustan Times on Sunday, November 10. The President-elect also indicated his intention to pursue tax reforms by making …

A shadow ‘financial crisis’ has cost the world $2 trillion
1 month, 2 weeks ago

A shadow ‘financial crisis’ has cost the world $2 trillion

CNN  

CNN — Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. The report from the International Chamber of Commerce, which comes as the United Nations Climate Change Conference begins in Azerbaijan this week, estimated that the …

India's push for $1 trillion in climate finance to take centre stage at COP29
1 month, 2 weeks ago

India's push for $1 trillion in climate finance to take centre stage at COP29

India Today  

With just days left until the United Nations Climate Change Conference begins in Azerbaijan, negotiators have yet to clearly outline a deal for a new climate finance goal. India has emphasised that developed nations need to provide at least $1 trillion annually for climate finance, as stated in the G20 New Delhi Declaration. The new financing goal will support developing …

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
1 month, 2 weeks ago

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report

The Hindu  

India's current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation, according to a new report. The study by Delhi-based independent think tank Council on Energy, Environment and Water said policies for India's power, residential and transport sectors have already saved 440 …

Trump 2.0: What's At Stake For Climate Policy And It's Impact On US-India Cooperation
1 month, 2 weeks ago

Trump 2.0: What's At Stake For Climate Policy And It's Impact On US-India Cooperation

ABP News  

The victory of Donald Trump in the US Presidential elections has huge implications for the US trade policy, climate change, immigration and other issues. Trump has said that he would pull the US out of the Paris Climate Accords, a framework for reducing global greenhouse gas emissions, and would support increased nuclear energy production. Trump's climate policies will not only …

India should rely on itself to tackle the environmental challenges it must
1 month, 2 weeks ago

India should rely on itself to tackle the environmental challenges it must

Live Mint  

That changing the behaviour of populations is a nigh-impossible task was visible, once again, during Diwali. When political leaders themselves ignore a key institution, posit environmental action as anti-religious and undermine established scientific research on the deadly effects of a ‘temporary’ surge in pollution levels, it is not surprising that profit-seeking cracker sellers and people—who are healthy and prioritize enjoyment, …

India Needs a Green New Deal: A Holistic Approach to Sustainable Development
2 months ago

India Needs a Green New Deal: A Holistic Approach to Sustainable Development

Hindustan Times  

India needs an own Green New Deal to address the climate crisis and other pressing issues. The Green New Deal should focus on sustainable development, prioritize equity, and involve all stakeholders in the decision-making process. It should also address unique Indian characteristics and priorities, such as the need for a decentralized approach and a focus on value creation over cost-cutting.

India Leading the Global Climate Action Despite Contributing Marginally to Climate Change: Modi
2 months ago

India Leading the Global Climate Action Despite Contributing Marginally to Climate Change: Modi

Live Mint  

India's Prime Minister Narendra Modi emphasizes the country's commitment to tackling global climate change despite its modest contribution to the issue. He highlights the focus on green industries, green jobs, and renewable energy sources, including electric vehicles, solar power, and wind energy. Modi also speaks about India's efforts to address global concerns, such as disaster resilience, sustainable infrastructure, and climate …

India should not be seen as 3rd or 4th-largest GHG emitter due to low per capita emissions: Minister
3 months ago

India should not be seen as 3rd or 4th-largest GHG emitter due to low per capita emissions: Minister

The Hindu  

Union Environment Minister Bhupender Yadav on Wednesday said India should not be viewed as the world's third or fourth-largest emitter of greenhouse gases and its low per capita emission should be considered instead. Addressing a session at the Global Renewable Energy Investors Meet and Expo in Gandhinagar, Gujarat, he said India is home to 17% of the world's population, but …

A climate crisis agenda remains urgent
3 months ago

A climate crisis agenda remains urgent

The Hindu  

The next five years are critical for India’s climate action efforts, given its ambitious 2030 targets. Key environmental issues that need urgent attention include reducing heat stress, improving air quality, managing waste, and enhancing energy efficiency. Encouraging businesses to view climate action as an opportunity rather than a challenge is essential, and acting swiftly on India’s carbon market is a …

Consumption patterns need to change to bolster both economic and ecological growth in India: Minister Bhupendra Yadav
3 months ago

Consumption patterns need to change to bolster both economic and ecological growth in India: Minister Bhupendra Yadav

Live Mint  

Consumption patterns need to change in India so that the economy can grow without disrupting the environment, said union climate change minister Bhupendra Yadav on Tuesday. To change consumption pattern, seven things are required to be done—save food, water and energy; conversion of waste to energy; management of e-waste; healthy lifestyle; and complete ban of single use plastic. “To change …

Why India must prioritise women in climate action
3 months, 1 week ago

Why India must prioritise women in climate action

Hindustan Times  

In today’s times, we all witness climate crises in some form or another in our daily lives. Second, realising Prime Minister Narendra Modi's vision of women-led development as a cornerstone of Viksit Bharat requires addressing women's vulnerability to the climate crisis. Climate crisis Historically, women have played a key role as primary caregivers and food producers in India, especially in …

Watch: What is Net Zero? A key to tackling climate change
3 months, 1 week ago

Watch: What is Net Zero? A key to tackling climate change

The Hindu  

India has committed to reach the net zero emission targets by 2070. Because there’s too much carbon dioxide and methane and other greenhouse gases in the atmosphere, we have global warming and climate change. A particular system — like the atmosphere, but also like a factory or a business or an entire industry or even a whole country — can …

Establishing a carbon market
3 months, 3 weeks ago

Establishing a carbon market

The Hindu  

In her Budget speech, the Finance Minister signalled that polluting industries, such as iron, steel, and aluminium, will have to conform to emission targets. PAT versus emissions trading The Bureau of Energy Efficiency defines PAT as a “regulatory instrument to reduce specific energy consumption in energy-intensive industries, with an associated market based-mechanism to enhance the cost effectiveness through certification of …

Delhi govt to overhaul climate action plan
4 months ago

Delhi govt to overhaul climate action plan

New Indian Express  

NEW DELHI: The Delhi government has launched an initiative to combat the escalating climate crisis in Delhi by focusing on seven critical sectors: electricity, water, waste, green cover, transport, health, and agriculture. At a round-table conference, over 40 departments, experts, and officials convened to overhaul the existing climate policy for 2019, highlighting the urgent need for action as the city …

Jagdeep Dhankhar calls on countries to combat climate change: “Greatest threat to humanity”
4 months ago

Jagdeep Dhankhar calls on countries to combat climate change: “Greatest threat to humanity”

The Hindu  

Vice-President Jagdeep Dhankhar called on all the countries to collectively focus their efforts on combating climate change which he described as the greatest threat to humanity. While addressing the inaugural session of the 19th Confederation of Indian Industry India Africa Business Conclave on Wednesday, Mr. Dhankhar said, " I'm confident that deliberations will. It is critical for all countries to …

India has done what none of G20 countries could, says PM Modi about Paris Accord targets – Firstpost
4 months, 1 week ago

India has done what none of G20 countries could, says PM Modi about Paris Accord targets – Firstpost

Firstpost  

In his address on 78th Independence Day from the Red Fort in Delhi, PM Modi said, India’s efforts to tackle the global issue of climate change have ‘reassured and surprised’ the world Addressing the nation from the Red Fort on 78th Independence Day, Prime Minister Narendra Modi said that India and its people have accomplished what other G20 nations have …

India addressing climate change through proactive actions not just words: Modi
4 months, 1 week ago

India addressing climate change through proactive actions not just words: Modi

Hindustan Times  

Prime Minister Narendra Modi said on Thursday that India has reassured the world about climate action by becoming the only G20 nation to achieve nationally determined contributions under the Paris Agreement, which marked the beginning of a shift towards it, much ahead of the deadline. He called climate change a huge worry for the global community and said India was …

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