The agreement that was recently concluded at the 10th Conference of the Parties (COP-10) to the Convention on Biological Diversity (CBD) at Nagoya in Japan will go down in history as the second most important global initiative, after the CBD itself, in protecting the Earth’s fast-depleting biodiversity. This is vital for sustaining life on the planet. The ball was set rolling way back in 1992 with the adoption of the...

Taxes on international flights, shipping and financial transactions, as well as a global carbon price of $20 to $25 may be key to annually mobilising $100 billion in climate funding by 2020, according to the United Nations high-level advisory group on Climate Change financing, which submitted its report in New York on Friday. At the U.N. climate summit held in Copenhagen last year, developed countries committed to a goal of jointly...

The ‘Aichi Target' adopted by the Convention on Biological Diversity (CBD) at its Nagoya conference could not have come at a more appropriate time. The journal Science recently published a study by Michael Hoffmann and his colleagues titled “The Impact of Conservation on the Status of the World's Vertebrates.” This presents depressing data on threatened species. The scientists conclude that four important factors — agricultural expansion, logging, over-exploitation, and invasive...

The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

With a double-digit food inflation, the increasing food prices will be the biggest concern for Indians over the next six months, a survey released here said Monday. According to the Nielsen Global Consumer Confidence Index , China tops the countries concerned over increasing food prices with 36 percent of consumers in China voting it as the biggest concern over the next six months. India is fifth on the list of countries where...