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While attending the Financial Inquiry India Report launch this past May, I heard Nick Robins— the UNEP (United Nations Environment Programme) financial inquiry team co-director—mention the...
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Energy ministers and delegates from more than 20 leading economies gathered at the 7th Clean Energy Ministerial (CEM) last week in San Francisco, to accelerate action on transitioning to the clean energy future envisioned at COP21. The historic Paris Agreement adopted by 195 countries at COP21 is an unprecedented opportunity to advance the political dialogue on international cooperation for a global clean energy transition. Can India with its exceptionally bold renewable energy (RE) targets spearhead this movement?
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The past year was filled with stories and insights on passion, persistence, perseverance, the human spirit, leadership and more. Here, I want to focus on three events that gave us interesting lessons on change management and can serve as powerful examples for business organisations.
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Public-private collaboration will be essential to raising the finance needed for India's cleaner growth. While the right domestic policies will be key to facilitating finance, greatly scaling up investment from the private sector will be the only way to mobilise the full amount of capital needed to meet India's renewable energy targets. In order to scale up private investment, India needs financial instruments for renewable energy and other green infrastructure that are a better match with investors' needs.
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PARIS -- India today hailed the adoption of a landmark climate change deal as a "historic day" which promises a "better future" and creates a "chapter of hope" in the lives of seven billion people. No...
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The Kyoto Protocol has been largely unable to achieve the reduction in emission targets it set out for developed economies. With the US withdrawing from the Kyoto Protocol in 2003 and an increase in Canada, Australia and Japan's emissions by more than 23.4%, 22% and 8.1% respectively from 1990 levels, the Kyoto Protocol has essentially been a failure. The lesson is loud and clear: international law can sometimes end up being a very poor mechanism for allocating emissions permits.
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It was never a secret that India would be the center of attention at COP21. However, the narrative towards some sort of agreement by December 11 will require compensations from both the developed and developing markets, the former taking the lead role. The developing world today is asking for billions of dollars in critical funding from the developed nations in order to orchestrate a side step from fossil fuels to clean energy.
PARIS -- After the mozzarella cheese sandwiches ran out, a colleague proposed a solution. We'd get a ham sandwich and he'd eat the ham, leaving for this reporter, a vegetarian, the tomato, lettuce and...
It is tough to overlook that India's tough position underpins PM Modi's populist agenda to appeal to not just Indian population, but also to the developing economies of Africa and Asia that have recently come under the focus of India's foreign policy.
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Indian Prime Minister Narendra Modi arrived in Paris last night to attend the climate change conference. Modi is expected to deliberate on crucial issues relating to environment and climate change, in...
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Once associated with snow peaks and picturesque winters that rival Switzerland, a report by Jammu and Kashmir's climate monitoring bureau warns that temperatures in Kashmir are likely to rise two degr...
A recent Citigroup-funded report suggests that rejigging global economies to run green will cost around $44 trillion. Unfortunately, short of some "world government" approach, developing countries cannot absorb the infrastructural costs required to seriously sidestep into renewable energy. Furthermore, for India or China to sacrifice their current growth purple patch would be highly impractical, if not plain stupid.
In the most recent report from the Intergovernmental Panel on Climate Change, climate scientists and experts have concluded that we should aim to limit global warming to 1.5°C; the former number of 2°C has been deemed inadequate and unsafe.