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Targets for limiting global warming further out of reach: UN

-AFP PARIS: The gap has widened between countries' pledges for reducing climate-altering greenhouse gas emissions by 2020 and what is needed to keep planet warming in check, the UN warned on Wednesday. Based on current pledges, global average temperatures could rise by three to five degrees Celsius (5.4 to 9.0 degrees Fahrenheit) this century -- way above the two degree Celsius being targeted, said a UN Environment Programme (UNEP) report. Urgent and decisive...

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$50m for biodiversity conservation-KV Ramana

-DNA Amid the controversy over allocation of resources for biodiversity by developed and developing nations, India has decided to allocate $50 million (about Rs 275 crore) towards biodiversity conservation. In addition, the country would also allocate similar amount to help other developing nations conserve biodiversity. Addressing the representatives of about 190 countries at the opening plenary of the high-level segment of the 11th Conference of Parties (COP-11) on the Convention on Biological...

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Natural resources: A blessing or a curse for nations?-Joseph E Stiglitz

-The Economic Times New discoveries of natural resources in several African countries - including Ghana, Uganda, Tanzania, and Mozambique - raise an important question: will these windfalls be a blessing that brings prosperity and hope, or a political and economic curse, as has been the case in so many countries? On average, resource-rich countries have done even more poorly than countries without resources. They have grown more slowly, and with greater inequality...

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Indians get pessimistic amid global downturn-Abhijit Patnaik

-The Hindustan Times   The rain gods may have brought some cheer to everyone after a scorching summer, but a sense of gloom about the Indian economy appears to be building. A study by US-based Pew Research Centre has found that while just a year ago, 51% people were satisfied with the way things were in the country (and 47% dissatisfied), today, the proportions have reversed — 59% are dissatisfied and only...

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Weak monsoon may raise demand for NREGA work-Devika Banerji

Weak performance of monsoon this year has led the government to anticipate a significant increase in demand for work under its flagship ruralemployment guarantee scheme. The rural development ministry has asked all states to prepare contingency plans and review their estimates of work demand under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The move is an indication that the Centre is not very certain of monsoon catching up in the...

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