COP26 COMMITMENT
India set to meet 2030 green goals, but UN issues a global warning
India is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the global emissions gap, which needs urgent addressing to limit warming. Current policies may lead to a temperature rise of 2.8 degrees Celsius, indicating insufficient global commitment. However, India's actions stand out, with projects such as the Carbon Credit Trading Scheme showing promise.
World falling 'dangerously short' on climate action, warns UN
Global commitments to reduce greenhouse gas emissions are insufficient, threatening to push temperatures up to 2.6C by 2100. The UN warns that current climate pledges will not meet the agreed Paris goals, with dire consequences expected. Major emitters must take immediate action to significantly lower emissions, as a leadership gap remains evident. Climate impacts are already being felt worldwide, affecting all countries, including the United States.
Ford Foundation donates $158.5 million to protect indigenous communities and ancestral forests across the world, which they call home
Indigenous communities play a vital role in forest protection, yet they often face funding challenges. The Ford Foundation exceeded its funding target, committing over $158 million to support these communities. This funding aims to enhance land rights and support local governance while protecting their territories. The foundation has pledged an additional $72 million for the coming years, focusing on diverse ecosystems.
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
Nepal’s request for flood payout tests new climate-aid system
Nepal seeks climate compensation for flood damages from a new UN fund. The nation faces immense costs for recovery and rebuilding after recent catastrophic flooding. This fund, established to aid developing nations, is currently underfunded and untested. Nepal's leaders are urging concrete action from the international community for immediate support. The fund's limited resources and scheduled meetings pose significant challenges for rapid assistance.
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India underlines efforts on land restoration, drought resilience at CoP16
Union Minister Bhupender Yadav outlines India's efforts to address land degradation and desertification at CoP16 in Riyadh. He highlights India's commitment to restoring 26 million hectares of degraded land by 2030, establishment of a Centre of Excellence, and support for the G-20's goal to plant 1 trillion trees.
India's ambitious energy transition: A pathway to sustainable investment
India is emerging as a prime investment hub for renewable energy, driven by strong government policies, accessible financing, and cutting-edge technology. The nation's ambitious renewable energy targets and commitment to carbon neutrality are attracting significant investments and positioning India as a potential leader in the global renewable energy supply chain.
India's power sector has potential of Rs 40 trillion investment over next decade: Motilal Oswal
India's power sector presents investment opportunities worth over Rs 40 trillion in the next decade, driven by rising power demand, infrastructure upgrades, and a shift to cleaner energy. Electric vehicles and data centers are expected to significantly contribute to this growth by 2035. India's energy consumption trends mirror China's early 2000s trajectory.
Govt directs steel industry to draw time-bound action plan to lower CO2 emissions
In a meeting held recently, Steel Minister Ram Chandra Prasad Singh "urged the stakeholders to develop a time-bound action plan and make concerted efforts for lowering the emissions from the steel industry in line with the commitments made by the Government in COP26".
India calls for ramping up scope, scale and speed of climate finance
Addressing a Climate Finance and Technology Summit in London, Union Minister for Environment, Forest and Climate Change Bhupender Yadav highlighted the milestones achieved by India in the field of climate action on "mission mode".
Pace, scale of climate finance, tech support from developed nations not matching global aspiration: Govt
At COP26, Modi had presented an ambitious agenda for India's contribution to the global efforts to combat climate change.
India on track to achieve Paris Accord and COP 26 commitments: Bhupender Yadav
The minister said he had a productive conversation with United States climate envoy John Kerry and India and the US have agreed to take forward their 'Climate Action and Finance Mobilisation Dialogue'. "Productive phone call with US @ClimateEnvoy Mr John Kerry. We agreed to take forward India-US Climate Action & Finance Mobilisation Dialogue.
India to attract large investments due to COP26 commitments: ICRA
The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels, rating agency ICRA said adding this is likely to attract investment in billions across sectors.
Coal sector continues to be strong and stable: Coal India's Pramod Agrawal
There is no existential threat to India's coal sector in the short term, notwithstanding COP26 commitments, says Agrawal.
India achieves 40% non-fossil capacity in November
The country’s installed renewable energy capacity stands at 150.05 Gw while its nuclear energy based installed capacity stands at 6.78 Gw. This brings the total non-fossil based installed electricity capacity to 156.83 Gw, which is 40.1% of the total installed electricity capacity of 390.8 Gw, the statement said.
India never said won't go green, already 40% dependency on renewables: Yadav
"On coal, India has never said that it won't go towards green initiatives. Our renewable energy dependency is already at 40%. What we are saying is that this action must be according to national circumstances. When we are setting out a 2070 net zero target, the commitments have to be according to that," Yadav told ET from Glasgow over phone.
World needs to come together to honour 2015 Paris Agreement: Yadav
Yadav, who is representing India at the 26th UN climate conference COP 26 at Glasgow, wrote in his blog that, the wealthy nations that reaped the benefits of early industrialisation by burning fossil fuels and growing their economies for centuries must accommodate the concerns and needs of the economies that need to make the switch to clean and green energy.
UK PM makes last-ditch climate plea as COP26 pact first draft issued
The draft, dubbed "cover decision", sets out what negotiators hope will be the outcome of the COP26 talks and encourages the developed world to scale up support for the developing world.
India signs up to COP26 action agenda on sustainable agriculture
The 'Sustainable Agriculture Policy Action Agenda for the Transition to Sustainable Agriculture and Global Action Agenda for Innovation in Agriculture' was among the highlight action pledges to be clinched by the participating countries at the 26th Conference of Parties (COP26) of the United Nations Framework Convention on Climate Change (UNFCCC) on Saturday.
Global media hails India's commitment in COP26 summit
In 2015 India was mentioned by Euractiv along with China and Saudi Arabia being on board for the Paris agreement. The same media platform in 2021 published a standalone news item on PM’s commitment on net zero target.
COP26: A four-minute guide by a climate scientist
The main task for COP26 is to follow through on this commitment and produce realistic plans to reduce global carbon emissions to levels that hold 21st-century global warming as close to 1.5 degree Celsius as possible.
At COP-26, PM Modi will launch key initiatives under CDRI, International Solar Alliance: Indian envoy
"These initiatives will make the presence of a very high-level delegation from India led by our prime minister, very very important," Kumar said while speaking to ANI on Sunday.
Net zero-like shifts create trust deficit among countries
Leaders of Group of 20, who gather for talks on Saturday and Sunday in Rome, will pledge to take urgent steps to reach the goal of limiting global warming to 1.5 degrees Celsius, according to the draft. They will then head to Glasgow, Scotland for a crucial United Nations gathering of almost 200 countries, known as "COP26".
India well on its way to meet NDC commitments: Harsh Vardhan Shringla
The developed countries promised to allocate USD 100 billion annually to developing countries to deal with climate change.
In final rounds ahead of COP26, government discusses net zero, upping 450GW target
Prime Minister Narendra Modi held detailed discussions on the upcoming COP26 talks with the Indian negotiating team as well as top officials from stakeholder ministries on Wednesday, just as he prepares to leave for the G20 summit at Rome followed by COP 26 talks.
Predictable climate finance in focus for India at COP26
It will be followed by a series of sessions across different areas such as Energy, Finance and Transport, to be attended by ministers and officials from different countries and steered by UK Minister for COP26 Alok Sharma.
India among a few G20 nations on track to meet Paris Agreement goals: FM Nirmala Sitharaman
The minister, in a meeting with COP 26 president-designate Alok Sharma, said the government is taking concrete steps and at appreciable speed to meet its commitments on the target of 450 GW of renewable energy by 2030. She also said 100 GW of this renewable energy had already been achieved.
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