Category: News Report
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The COP27 Presidency connected climate and biodiversity on Wednesday, marking the opening of Biodiversity Day at COP27. The day kicked off with a high-level opening on “Connecting Climate and Biodiversity” that set the agenda to address the urgent need for integrated responses at scale. The day also saw the launch of the ENACT initiative for […]
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By LMB Staff
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As the leaders of 20 largest economies gathered in Bali, Indonesia on Tuesday for the G20 summit, Indian Prime Minister Narendra Modi said the country is on track to achieve its target of generating 50 per cent of its electricity from renewable sources by 2030. The Prime Minister ruled out “any restrictions” on energy supply […]
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By LMB Staff
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As the negotiations on direct funding for ‘loss and damage’ continues, the much-awaited ‘Global Shield Against Climate Risks’ initiative was formally launched at the Vulnerable 20 (V20) pavilion at COP27, on Monday. It is a collaboration between the V20 group of finance ministers representing 58 climate-vulnerable countries and the G7. The initiative has been launched […]
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By Smitha Verma
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Ladies and gentlemen of the media,  This G20 summit comes at crucial time. Our world is facing the most pivotal, precarious moment in generations. People everywhere are getting hit from every direction – battered by runaway climate change and squeezed by a cost-of-living crisis. Geopolitical divisions are triggering new conflicts and making old ones even more difficult to […]
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By LMB Staff
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When US Envoy for Climate John Kerry announced the carbon trading market scheme at COP27 on Wednesday it was met with a mixed bag of response. The voluntary carbon trading market scheme aims to boost private investment in clean energy projects in developing countries. The new initiative, called the energy transition accelerator, is to be […]
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By Smitha Verma
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United Nations Secretary-General Antonio Guterres, in a heartwarming speech, urges developed nations to deliver a clear-cut roadmap to address Loss & Damage and double adaptation support President Al-Sisi, COP-27 President Sameh Shoukry,  Excellencies, Dear friends, In just days, our planet’s population will cross a new threshold. The 8 billionth member of our human family will be […]
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By LMB Staff
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The death toll from the catastrophic flooding in Pakistan has crossed 1,400.  About a third of Pakistan is submerged by melting glaciers and record monsoon rains that began in June. According to Pakistan’s National Disaster Management Authority, the flood affected over 33 million people with close to a million rendering homeless. The latest statistics in […]
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By Payel Sen
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For the past one week, India, and especially the northern region of the country, has been reeling under a scorching heatwave. India’s weather department has issued a severe heatwave warning as temperatures soar, throwing millions of lives and livelihoods out of gear. While heatwaves are common in India, especially in May and June, summer began […]
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By LMB Staff
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A new study of 135 countries estimates that climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard. The study was conducted by ratings firm S&P Global, which gives countries credit scores based on the health of their economies. They published a […]
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By LMB Staff
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The death toll from devastating floods in and around the South African port city of Durban has risen to 306, the government released figures on Wednesday, after roads and hillsides were washed away as homes collapsed. According to a report in The Guardian, the South African president, Cyril Ramaphosa, has described the floods as a […]
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By LMB Staff
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NITI Aayog, government of India’s policy think tank,  released the first State Energy and Climate Index (SECI) report on Monday. Gujarat has emerged as the top performer followed by Kerala and Punjab among the larger states. Goa has emerged as the top-performing state in the ‘Smaller States’ category, followed by Tripura and Manipur. Among the […]
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By suchamojo