-Scroll.in/ IndiaSpend.com At the coming COP27, India is pushing for a finance facility that could cover monetary losses caused by climate change. It had been drizzling all day on Wednesday, October 19. Suvarna Vikas Shingda, 30, from Palghar’s Ake-gavhan village sat on the front porch of her hut. In one corner, harvested rice was stacked in piles, the cut sheaves covered with grains. A few days prior, her neighbour had informed her that...
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This govt mission is changing lives of 1.74 crore women through climate-resilient agriculture -Amarjeet Sinha
-ThePrint.in Three-fourths of the full-time workers on Indian farms are women because men move to cities. Yet, there was little attention to uplifting them and their finances. There was a time when women’s work in agriculture and animal husbandry was rarely counted. But according to the 2015-16 Agriculture Census, 11.72 per cent of the total operated area in the country was operated by female holders. Civil society assessments suggest that three-fourths of...
More »At India’s Climate, Finance and Policy Intersection, Big Infra Remains King -Amitanshu Verma
-TheWire.in * As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. * A 2021 report found that ICICI, the State Bank of India, Axis Bank, Trust Group and HDFC were among the fourth-biggest group of financiers of coal-based projects worldwide. * Indian commercial banks’ large-scale investment in Big Infra has exposed the Indian people’s savings and personal investments to...
More »Despite Talk of New Funds for Climate Change, Rich Nations Are Only Diverting Development Aid -Aathira Perinchery
-TheWire.in A new report finds that richer countries' tendency to reroute funds meant for development – including those meant for poverty eradication – harms poorer countries. But this is unsurprising, say experts. Kochi: Despite their promises, developed countries have not committed new and additional funds to developing countries to help them deal with climate change, found a new report released on June 23. Instead, developed countries are diverting funds meant for development –...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
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