India's Green Financing Requirement Estimated At 2.5 % Of GDP: RBI Study
Estimates suggest that compared with a no policy action scenario that could increase India's carbon emissions to 3.9 gigatonnes by 2030 (from 2.7 gigatonnes in 2021), a balanced policy intervention can lower carbon emissions to 0.9 gigatonne by 2030, the report added.
May 03, 2023, 21:12 PM ISTUN COP27 puts climate compensation on agenda for first time -- Details Inside
At COP26 last year in Glasgow, high-income nations blocked a proposal for a loss and damage financing body, instead supporting a three-year dialogue for funding discussions.
Nov 06, 2022, 20:35 PM ISTUN COP27: What is Climate Financing that India demands from rich nations for developing countries annually - Explainer
India called on rich countries on Friday to live up to their promise of providing $100 billion in annual climate finance to developing nations and urged them to increase the amount for future years at next week's U.N. climate conference.
Nov 05, 2022, 17:13 PM ISTPlanet heading toward 'climate chaos': UN chief urges global leaders to cut emissions, keep promises on climate financing
The landmark Paris agreement adopted in 2015 to address climate change called for global temperatures to rise a maximum of 2 degrees Celsius (3.6 degrees Fahrenheit) by the end of the century compared to pre-industrial times, and as close as possible to 1.5 degrees Celsius (2.7 degrees Fahrenheit).
Nov 04, 2022, 10:14 AM ISTADB to double annual climate financing to $6 billion
The Asian Development Bank is to double its annual lending for climate change adaptation to USD 6 billion by 2020, the Philippines-based lender said.
Sep 26, 2015, 18:33 PM IST