News
COP27: India unveils strategy for net zero goal by 2070, takes moral high ground
14 Nov 2022
| Hindustan Times
India's long-term plan builds on reaching net-zero emissions by 2070 with six elements, including an optimum energy mix complimenting national development scenarios. The framing of a long-term strategy for low emission development by the Government of India and its public release at CoP27 is significant as it closely follows the announcement of net zero goals by India's PM in Glasgow last year, says Mr R R Rashmi, distinguished fellow, TERI.
Read moreAdaptation must be at the forefront of development interventions: Secretary MoEFCC
13 Nov 2022
| Press Information Bureau
At the India Pavilion at COP27, TERI conducted a session on "Adaptation Readiness and Long-Term Strategy on Adaptation in India." Dr Vibha Dhawan, Director General of TERI, stated in her opening remarks that when it comes to adaptation, it is vital to look into all sectors, including food production. According to Mr R R Rashmi, Distinguished Fellow, TERI, It is important to assess the climate risks and vulnerability very clearly, then enhance the adaptative capacity of communities and states
Read moreIndia bats for more investors' confidence in climate adaptation efforts
13 Nov 2022
| Business Standard
At the India Pavilion at COP27, TERI conducted a session on "Adaptation Readiness and Long-Term Strategy on Adaptation in India." Dr Vibha Dhawan, Director General of TERI, stated in her opening remarks that when it comes to adaptation, it is vital to look into all sectors, including food production. According to Mr R R Rashmi, Distinguished Fellow, TERI, It is important to assess the climate risks and vulnerability very clearly, then enhance the adaptive capacity of communities and states
Read moreIndustry Leaders Moot NDCs for the Sector to achieve Decarbonisation Goals at COP27
12 Nov 2022
| Press Trust of India
Speaking at the event held under the ambit of the Industry Charter for Near Zero Emissions Ambition by 2050, instituted by TERI, a coalition of 50 Indian businesses and corporates, Dr Vibha Dhawan, Director General, TERI, underscored the need for implementing a just transitions scenario in developing countries, which offers a huge opportunity to deploy advanced technologies.
Read moreWhy definition of climate finance remains a major bone of contention at COP27 talks
12 Nov 2022
| The Print
The interest in keeping the definition of climate finance ambiguous maintains the status quo, where a majority of loans can pass off as climate finance, say experts. Mr Dipak Dasgupta, Distinguished Fellow, TERI and former negotiator for India, says, Industrialized countries believe that so long as the source is from a developed country, everything counts. Which means there is no concessionality, additionality, you should only factor in finance flows of that origin, and that's enough, said
Read moreIndia at COP27: In need of investors’ confidence to achieve climate financing goals
11 Nov 2022
| PV Magazine India
Dr Vibha Dhawan, Director General of TERI, gave the keynote address at the panel on ‘Building Investor Confidence for Enhancing Climate Finance by Leveraging Global and National Frameworks on Corporate Sustainability Disclosures’ where she emphasized the early stages of ESG that corporates are still working to understand.
Read moreWhat the COP of implementation failed to achieve
10 Nov 2022
| India Spend
Besides a fund for climate-induced losses in vulnerable countries, the climate conference failed to get commitments for a scale-up of climate financing, to expand the coal phase to other fossil fuels, and stronger action to control the rise in global temperatures. Mr Dipak Dasgupta, distinguished fellow, TERI said that finance was uppermost on everyone's minds and a critical need of the hour, but nothing substantively new emerged.
Read moreGreen investments. Climate Financing: India’s stand at COP27
09 Nov 2022
| The Hindu Business Line
Finance will be a dominating theme in the COP27, currently underway at Sharm el-Sheikh, Egypt. At a recent webinar hosted by Climate Trends, a capacity-building company based in Delhi, R R Rashmi, Distinguished Fellow, TERI India and a former representative of India at climate talks, noted that the capital flows to the Green Climate Fund (GCF) have been very little. Only $3–4 billion of GCF's $10–12 billion overall capitalization has come from external sources.
Read moreCOP27 to make headway on climate finance, loss and damage: TERI
09 Nov 2022
| EPR Magazine
Considering the particularly fraught world in which COP 27 is set to unfold, and the continuing and devastating impacts of extreme weather events felt across the globe, it is imperative that the session at Sharm el-Sheikh engages with and tries to resolve issues related to long-term climate finance and the mechanisms for loss and damage, says Dr Vibha Dhawan, Director General, TERI.
Read moreHope and opportunity amidst mounting climate crisis
08 Nov 2022
| The Hindu Business Line
This year's COP will be primarily focused on enabling climate finance, and India will push for better financing options and opportunities for G20 nations. Mr R R Rashmi, call for setting a principle of finance. Just like there is a principle for nationally determined contributions, he argued there must also be a principle for contribution, which right now doesn’t exist.
Read moreExplained: Why India is a key player at COP27
07 Nov 2022
| First Post
“The figure of USD 100 billion for developing countries was agreed upon much before the Paris Agreement was signed. Based on the Nationally determined contributions (NDCs), the total cumulative financing requirements of the developing world is anything in the range of USD 5.8-5.9 trillion till 2030,”said Mr R R Rashmi, distinguished fellow, TERI, and former climate negotiator under UNFCCC.
Read moreCOP27: UN climate summit opens with little hope of success
07 Nov 2022
| The Third Pole
As nations gather for COP27 in Egypt, the failure of rich countries to keep promises – partly due to Russia’s war in Ukraine – has led to scepticism in a year marked by repeated climate disasters in South Asia. In a recent webinar, Mr Dipak Dasgupta, TERI, addressed the question of where this money might come from, stating that the majority of the money will have to come from private sources, but the public money that developed countries promised is crucial as a guarantor of the loans that
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