Search Result for : Climate Change

The Dollar Business Bureau The Indian Cabinet has given its approval to the Memorandum of Understanding (MoU) between Ministry of Agriculture & Farmers’ Welfare and the Ministry of Agriculture in the State of Palestine on agriculture cooperation. This was signed in May 2017, when Palestinian Minister of Foreign Affairs had visited the country. What could seem to be an innocuous agreement, one should also look at the extra efforts on the part of the Indian government to balance its ties with Israel, Palestine, Iran and the West Asian countries. The MoU provides for cooperation in the fields of agricultural research; veterinary field including capacity enhancement of Palestinian Veterinary services and Animal Health; irrigation and climate change. It will also be extended to areas ...

The Dollar Business Bureau  On the fourth leg of his four-nation tour, Prime Minister Narendra Modi reached France today during which he will hold discussions with French President Emmanuel Macron on a number of major issues such as terrorism, climate change and India's membership bid for Nuclear Suppliers Group (NSG). “Reached France for a vital visit to enhance ties with one of our most important strategic partners,” Modi said in a tweet after landing in Paris. Modi arrived in France after concluding his Russia’s visit during which he had discussions with President Vladimir Putin and also attended the St Petersburg International Economic Forum. Modi started his four-nation tour with his visit to Germany, formsthen he visited Spain, and held talks with the leaders of the both the countries. During ...

The Dollar Business Bureau  The United States President Donald Trump said on Wednesday that he will be announcing his decision regarding the landmark Paris Climate Accord on Thursday which is today. “I will be announcing my decision on Paris Accord, Thursday at 3:00 pm. The White House Rose Garden. MAKE AMERICA GREAT AGAIN!,” the US president said in a tweet. To withdraw from the Paris climate change accord, was one of the key electoral promises of Trump.  Though he still seems to be undecided about the total withdrawal from the Paris agreement, officials from the White House told media on Wednesday, this is a move that would risk rupturing international alliances and disappoint environmentalists as well as corporate titans. Although the officials cautioned that ...

The Dollar Business Bureau  Trump administration on Sunday labelled the Paris climate change agreement as a "bad deal" for the US; however, it underscored that the country would continue to take an active part in international climate change discussions. The Environmental Protection Agency (EPA) Administrator Scott Pruitt, however, did not confirm whether the US would stay in the global climate change deal, under which almost all countries agreed to halt or curb their greenhouse gas emissions. Even the world's biggest emitter and the US’ opponent on the key global issues, China, reaffirmed its commitment to the agreement. The statement comes ahead of the Chinese President Xi Jinping’s scheduled visits to the US on April 6-7. Xi is due to meet the American President Donald ...

The Dollar Business Bureau Donald Trump on Tuesday signed an executive order to reverse the climate change policy of former President Barack Obama, bringing back the question as to whether the US leadership will actively promote the campaign against global warming. Keeping his promise to support the coal sector, Trump inked the executive order at the Environmental Protection Agency (EPA). Trump said that the order will abolish federal overreach and begin a new age of job creation and production. “With today’s executive action, I am taking historic steps to lift the restrictions on American energy, to reverse government intrusion and to cancel job-killing regulations,” he said after signing the executive order. He further said that this action is the latest in a series of measures to ...

The Dollar Business Bureau Mahindra & Mahindra (M&M), the world’s largest tractors manufacturer became the first Indian company to join the EP100 campaign. This is a campaign led by The Climate Group, an international non-profit group, that will work together with one of the world’s most powerful and influential business companies with the aim to double energy productivity and maximize economic output. Prominent figures present during the momentous signing include François Hollande - French President, Ban Ki-moon – UN Secretary of General, Leonardo DiCaprio – Messenger of Peace, and Mogens Lykketoft - President of UNGA. The aim of the EP100 campaign is to encourage companies to use the energy efficiently, as it is estimated that by following this campaign, the world can ...

The Dollar Business Bureau  Climate change could wipe off the value of global assets by $2.5 trillion, according to the World Economic Forum’s (WEF) new set of economic modeling. “Under a business-as-usual emissions path, this could cut $2.5 trillion off their value. However, under a worst-case scenario this could rise to $24.2 trillion,” said the global body, highlighting the quantum of the impact.  The WEF made the revelation after it assessed the impact of climate change on the current value of global financial assets. It said an immediate action was imperative to limit the harm on the deteriorating global climate in order to save environment as well as global economy. “Limiting warming to no more than 2 degrees Celsius makes financial sense to risk-neutral ...

Source: PTI Indian mining giant Adani's $16.5-billion controversy-hit coal mine project in Australia on Monday faced a fresh legal challenge from an environmental group which sought quashing of a new government approval on grounds that it would harm the fragile Great Barrier Reef and add to climate change. The mega project located in Queensland's Galilee Basin was last month granted re-approval by EnvironmentMinister Greg Hunt. The mine, which would be the biggest in Australia, was approved subject to 36 strict conditions after a court action sidelined the project earlier this year because of its impact on the ornamental snake and yakka skink, a vulnerable species that hides under rocks. The Australian Conservation Foundation said Environment Minister Hunt failed to consider whether ...