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Sustainability Outlook Headlines
Climate Policy May Emerge From Regional Responses, JPMorgan's Knudsen SaysClimate change policy is likely to be driven by regional responses before an international agreement is put in place, JPMorgan Chase & Co. said. “Instead of the top-down Kyoto coming down, we’re going to see it come up,” Odin Knudsen, the managing director of environmental markets at the New York-based bank and a former head of the World Bank Carbon Fund, said at a conference in Melbourne today. “We’ll break down to regional, and at some point later on, we may see an international, legally binding agreement. In the interim, we’ll have something like the Copenhagen accord, which... Read more.. Date : Oct 13 Source: Bloomberg
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Carbon trading likely to develop regionally -expertsHuge investments in green technology in Asia and steps towards domestic emissions trading are opening up the prospect of regional carbon trading, climate change experts in Asia said on Wednesday. Many Asian nations are not waiting for agreement on a broader U.N. climate pact and see good investment opportunities to move ahead now to boost energy security and job growth. Countries such as China, Japan, Korea and Australia were likely to press ahead with their own schemes to curb greenhouse gases, Anthony Hobley, global head of climate change at law firm Norton Rose, said at a... Read more.. Date : Oct 13 Source: Reuters
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India solar power plans over-subscribedIndia will begin rolling out hundreds of megawatts of solar power by December next year, ahead of an initial target for an ambitious plan that seeks to zoom production from near zero to 20 gigawatts by 2022. Under its Solar Mission plan issued last year, India is to produce 1,300 megawatt (MW) of power by 2013, an additional supply of up to 10 gigawatt (GW) by 2017 and the rest by 2022 at an overall investment of about $70 billion. Once implemented, the plan would see output equivalent to one-eighth of India's current installed power base, helping the world's third-worst... Read more.. Date : Oct 13 Source: Reuters India
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To counter West, China and India reach out to small island-StatesThe BASIC group of large developing nations – India, China, Brazil and South Africa – on Monday intensified their efforts to win the crucial support of small island States on the climate change debate ahead of the year-end U.N. summit at Cancun in Mexico. Their attempts, however, faced hurdles, with persistent differences on emission reduction targets between the Association of Small Island States (AOSIS) and the BASIC countries. The AOSIS has emerged as a key voice in the climate debate, given the particular susceptibility of small islands to the consequences of climate... Read more.. Date : Oct 12 Source: The Hindu
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Busan meet to decide Pachauri's fate as IPCC headIndia will push for R K Pachauri to continue as the chairman of the UN's Intergovernmental Panel on Climate Change (IPCC) while it debates the fifth assessment report at the IPCC meeting in Busan, South Korea thatstarted on Monday. New Delhi will also press for the immediate implementation of all the other reforms that the InterAcademy Council review has sought. Though the Council had recommended that the "the term of the IPCC Chair should be limited to the timeframe of one assessment", and Pachauri has already headed one such assessment report, which was released in 2007, the... Read more.. Date : Oct 12 Source: The Times of India
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Wind energy to surge by 2030, but faces grid constraintsWind energy will increase to make up between five and 22 percent of world power generated by 2030 and countries must do more to expand electricity grids to cope, a study by pro-wind groups showed on Tuesday. The report, by the Global Wind Energy Council (GWEC) and environmental group Greenpeace, also said nations in Latin America and Africa were shifting to wind alongside established markets in Europe, North America, China and India. It said wind turbines accounted for about 2.3 percent of world electricity demand in 2010. Growth in China had outpaced previous projections by... Read more.. Date : Oct 12 Source: Reuters
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India, China say no to new targetsA new divide has emerged between rich and the developing nations with India and China opposing a move to link trade with reducing carbon emissions. The developed world, led by the US and Europe, has been talking of imposing a tax on countries that fail to abide by a binding climate treaty, in which India and China will have to take emissions control measures. They argue import tariffs are needed to offset the loss of competitiveness industries in countries that accept binding targets are likely to face. This claim is also being backed by the World Trade Organisation. The... Read more.. Date : Oct 12 Source: Hindustan Times
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Population growth demographics spur climate changeThe world is probably going to be a more crowded place by 2100 and demographic changes in this growing population -- how many more people there are, how old they are and where they live -- will affect climate-warming emissions, researchers reported on Monday. Slowing down population growth could have a profound effect on the level of carbon dioxide emissions from fossil fuel use, the researchers found, but this alone will not be enough to prevent the most severe impact from climate change. Scientists have long drawn a connection between population growth and increased... Read more.. Date : Oct 12 Source: Reuters India
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U.N. climate panel head aims to lead "overdue" reformsIndia's Rajendra Pachauri, opening an October 11-14 meeting of 300 delegates from 130 nations in Busan, South Korea, admitted "shortfalls and mistakes" in the 2007 overview of climate science but has resisted suggestions that he should quit. "I am committed to carry reform forward," he told the first talks of the Intergovernmental Panel on Climate Change (IPCC) since an August 30 report by the InterAcademy Council, grouping science academies, urged fundamental reform of IPCC management. "Change and improvement in an organization as important and complex as the IPCC is... Read more.. Date : Oct 11 Source: Reuters
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Minimum efficiency norms for buildingsNot just green buildings, but green towns; sustainable construction not just by an enthusiastic few but by all with clear regulations by the authorities. These are some of the imperatives to ensure viable built-up space, say experts at the international conference organised by CII-IGBC (Indian Green Business Council) as a part of the Green Building Congress-2010. Also apparent was the marked optimism that India was on the right track. IGBC going greener While so far the focus has been on green building particularly commercial space, the construction industry led by the... Read more.. Date : Oct 11 Source: Hindu Buisness Line
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Green ratings for Marg townshipThe Indian Green Building Council (IGBC) has confirmed MARG Swarnabhoomi as the pilot project for platinum rated city in India, according to a press release from Marg Ltd. This is a unique rating system beginning to be adopted for cities to enable the designer to apply green concepts and criteria, to reduce environmental impact. This IGBC Green Township rating systems addresses national priorities leading to benefits such as efficient land use, habitat preservation, effective management, efficient use of resource and enhanced quality of life for the occupants. A challenge... Read more.. Date : Oct 11 Source: Hindu Business Line
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Reject protectionism in climate talks: Jairam RameshClimate officials from developing countries met here on Sunday to come up with a strategy to ensure that any climate agreement will have provisions to restrict attempts by developed nations to impose trade penalties on carbon emitters. Officials from the BASIC group of developing countries — Brazil, South Africa, India and China — have, in negotiations here this week, pushed for the introduction of a text to “reject the use of unilateral protectionist measures” by developed countries, said Minister of Environment and Forests Jairam Ramesh. “We would like this text to be... Read more.. Date : Oct 11 Source: The Hindu
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Standing on Thin IceIndia has a prominent presence in the Intergovernmental Panel for Climate Change (IPCC) but we fail to realise that our country, which has the largest concentration of glaciers outside the polar cap has no university offering a specialised programme in glaciology. And much worse, the quality of papers published by some Indians were admonished by many experts and international organisations. The IPCC report in 2007 claimed that all the glaciers in the Himalayas would disappear by 2035. Rewind 10 years, you’ll find Syed Hasnain, a glaciologist, who also said something similar in an... Read more.. Date : Oct 11 Source: Express Buzz
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Calling: More architects to Bengal with green building knowhowJoining the world in fighting back global warming, the state government is emphasising on churning out more architects with proper knowledge and skills to build green buildings in Bengal. Last month, the Association for Development and Research on Sustainable Habitats in association with The Energy Research Institute and West Bengal Green Energy Development Corporation (WBGEDC) conducted a three-day training workshop in which 35 city architects had participated. "There are plans to conduct such training programmes at least once a year to impart knowledge to young architects on ways... Read more.. Date : Oct 11 Source: Times of India
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Green norms for SEZs to be announced soonGuidelines or standards to make all special economic zones (SEZ) environment friendly will be announced soon, an official said on Saturday. Speaking at the conference on Green Homes and Green SEZs organised by Indian Green Building Council (IGBC) in Chennai, Export Promotion Council director general L.B. Singhal said: "The union government will shortly notify the green SEZ guidelines, standards and rating system to make all SEZs environment friendly." He said SEZs are coming up in over two lakh hectares and huge industrial/commercial and social infrastructure is being built... Read more.. Date : Oct 11 Source: Economic Times
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Asia-Pacific firms worried over carbon laws: surveyAsia-Pacific firms are worried that tougher laws on greenhouse gas emissions will hit financial performance and uncertainties on the issue are already limiting their ability to raise capital, a survey published on Monday showed. The survey by Standard & Poor's and carbon analytics firm RepuTex slso found only a minority of firms demonstrated a high understanding of risks associated with tighter carbon laws. "Respondents from all sectors across the entire Asia-Pacific region clearly stated that they anticipate climate change to progressively affect their financial... Read more.. Date : Oct 11 Source: Reuters India
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J&K to tax water used to generate hydel powerJammu & Kashmir will be the first Indian state to levy usage of water for generating electricity. Date : Oct 11 Source: Economic Times
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CII inks pact to establish green manufacturing centreA green manufacturing center of excellence will be set up in Germany in the Public-Private-Partnership (PPP) mode under a pact inked between the Confederation of Indian Industry (CII), the Central Manufacturing Technology Institute (CMTI) and Germany's Fraunhoffer Institute, it was announced here Saturday. According to CII chief Chandrajit Banerjee, the center will facilitate the process of Germany exporting advanced eco-friendly technologies to the Indian manufacturing industry. "The setting up of this center of excellence by CII will redefine the way the Indian industry,... Read more.. Date : Oct 10 Source: Times of India
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India’s Jain Irrigation gets IFC awardIndia's Jain Irrigation Systems Limited has been honoured with the annual IFC Client Leadership Award for its pioneering work to promote sustainable agriculture and raise farmers' incomes through the efficient use of water, energy, and fertiliser. The award was presented the award to Jain Managing Director Anil Jain by IFC Executive Vice President and CEO Lars Thunell here during Annual Meetings of the International Monetary Fund and the World Bank, IFC, a member of the World Bank Group is the largest development institution focused on the private sector in developing countries.... Read more.. Date : Oct 10 Source: Sify
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U.S. official says China ignoring climate dealThe top U.S. climate envoy accused China on Friday of trying to undermine the commitments it made to cut greenhouse gas emissions in the latest round of international climate change talks. Todd Stern said China, which has overtaken the United States as the largest emitter of climate-warming gases, must honor pledges it made in last year's Copenhagen Accord and the developing nation must be treated like other major polluters. Chinese negotiators "have acted almost as though the accord never happened, insisting on legally binding commitments for developed countries and purely... Read more.. Date : Oct 9 Source: The star
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Deforestation deal offers rare hope in climate change fightAn ambitious plan to fight climate change by paying states to preserve their forests could be a rare bright spot at next month's UN climate talks -- but many questions remain unresolved. The REDD+ mechanism -- Reducing Emissions from Deforestation and Forest Degradation -- offers financial compensation to countries such as Indonesia, Brazil and Congo River basin states if they protect vital tropical forests. Deforestation accounts for nearly 20 percent of greenhouse gas emissions -- more than the global transportation sector and second only to the energy sector -- and... Read more.. Date : Oct 9 Source: Times of India
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Little progress seen in climate talks in ChinaHopes dimmed for progress at climate talks in China as negotiators moved into their final day Saturday with little consensus. Marred by an atmosphere of mistrust, negotiations have made little headway as China and the United States, the world's two largest emitters of greenhouse gases, hardened their positions and traded recriminations, said Wendel Trio, international climate policy director for Greenpeace. "What we've seen is that both opponents have kind of elaborated their opposition further, rather than trying to come together," he said. Delegates from more than... Read more.. Date : Oct 9 Source: AP - msnbc
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2020 Emissions Set To Exceed Dangerous Levels By One-ThirdGlobal greenhouse gas emissions under current policy settings could be up to one-third more in 2020 than the trend needed to avoid catastrophic climate change, according to the latest analysis conducted by World Wildlife Foundation (WWF). "Plugging The Gap," a paper released today at United Nations climate negotiations in Tianjin, China, shows recent science setting an emissions budget of 40 Gigatonnes of CO2 equivalent in 2020 to avoid dangerous climate change. But the world is on track to emissions levels of 47.9 to 53.6 gigatonnes, based on promised reductions in major... Read more.. Date : Oct 8 |
Ramesh hopeful env issues will get due attention after new lawEnvironment minister Jairam Ramesh has expressed hope that enactment of a new law would pave the way for raising "real" environment issues instead of land acquisition woes related to projects awaiting clearance. His comments on the proposed Land Acquisition Amendment Bill hold importance as presently, instead of environmental issues, it has been found that land acquisition related problems discussed during public hearings, which part of the Environment Impact Assessment (EIA) report, often become the deciding factor for giving a nod to a project. Unhappy with the trend,... Read more.. Date : Oct 8 Source: Economic Times
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Uttarakhand first in race to earn Green bonusThe Union Planning Commission has decided that while granting Central assistance to states, weightage would be given for the endeavour towards environment conservation and Uttarakhand has claimed the first place in this regard, followed by Himachal Pradesh and Chandigarh. According to Environmental Performance Index (EPI), Uttarakhand has earned 0.8086 points, while Himachal Pradesh stands in second place with 0.7308 EPI and Chandigarh follows with 0.7185 EPI. The planning Commission has divided the attempts made by the Central and the state governments towards environment... Read more.. Date : Oct 8 Source: News Webindia
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