climate change

CCN Report: India will be Among Nations Most Adversely Hit by Rise in Global Temperatures

A study entitled “The India Climate Finance Report (2022)” has been released by CCN (Climate Capital Network). The biological and socioeconomic landscape of our world is on schedule to undergo significant upheaval due to climate change. The Global Climate Risk Index 2021 predicts that India would be among the nations most adversely impacted by the […]

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The 5 Key Takeaways From CoP27

Time is ticking and catastrophic natural events are on the verge of becoming a new normal for human existence. The uncertain times of economic and regional instabilities are marred by dreadful climate events across the globe – from floods in Pakistan to raging forest fires in Australia. The signs are clear for the policymakers and […]

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UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27

Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […]

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Germany, Egypt Join Hands for Renewable Hydrogen

Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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New York’s Solomon Community Solar Launches Carbon Offset Program

New York-based Solomon Community Solar has announced that it has launched a new program to address growing concerns about climate change called ‘ReBalance Green.’ Solomon Community Solar claims to be a leading community solar firm that has saved homeowners approximately $4.8 million every year in electricity costs. It markets community solar projects on behalf of […]

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North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050

In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […]

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Lok Sabha Passes Energy Conservation Amendment Bill 2022

The onslaught of climate change is forcing countries to reduce their carbon footprints and move towards clean forms of energy sources to decarbonize their economies to protect the planet from the rising temperatures. The Lok Sabha (House of Commons) of the Parliament has passed the Energy Conservation (Amendment) Bill, 2022, in a bid to promote […]

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