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Private sector capital can be leveraged and other multilateral financial institutions can be asked to contribute to the Fund if it’s operated by the World Bank as a facility. The World Bank facility will offer loans rather than grants. This could lead to countries accumulating debt, said Mr R R Rashmi, former lead climate negotiator and Distinguished Fellow at TERI.
Read moreIndia should insist on consistency with UNFCCC principles of equity and common-but-differentiated responsibilities. The Responsibility lies squarely with developed countries, there cannot be two sets of rules one for general climate finance and another for loss and damage said Mr RR Rashmi, Distinguished Fellow, TERI.
Read moreIn the run-up to the 28th session of the Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC) to be held at Expo City, Dubai in the United Arab Emirates (UAE), the UAE Ambassador to India Mr Abdulnasser Alshaali hosted a roundtable discussion with senior civil society and think tank leaders in New Delhi, informed the UAE embassy in New Delhi. The roundtable, which deliberated upon critical climate action strategies, highlighted the role of constructive
Read moreIt is natural to feel overwhelmed when faced with huge challenges such as combating air pollution and promoting sustainability. However, the key is in not getting bogged down and maintaining momentum towards working for sustainable solutions. What is important is the choice 'to act' towards a solution which will inspire others to set off a domino effect says Dr Vibha Dhawan, Director General, TERI.
Read moreThe first GST report essentially underscores what is already public knowledge, which is the current global emissions are not in line with the global mitigation pathways consistent with the temperature goal of the Paris Agreement and that the aggregate impact of the existing NDCs and pledges is not good enough to close the gap said Mr R R Rashmi, Distinguished Fellow, TERI.
Read moreIndia will be happy with the global target of tripling of renewable energy capacity because it has already taken steps in this direction. Transition away from coal is possible only if RE is scaled up. India will also be pleased with the emphasis on energy efficiency, as it means financing can be directed towards these specific targets said Mr RR Rashmi, Distinguished Fellow and Programme Director, Resource Efficiency and Governance Division, TERI.
Read moreThe Delhi declaration commits countries to achieve global net zero emissions by mid-century. Hopefully the advanced economies will recognise that they need to achieve this milestone well before 2050 said Mr Manjeev Singh Puri, Distinguished Fellow, Earth Science and Climate Change, TERI and Mr RR Rashmi, Distinguished Fellow and Programme Director, Earth Science and Climate Change, TERI said that the G20 declaration reflects a progressive yet balanced approach. On climate change and energy
Read moreThe report is right in saying that there is a need to raise ambition and that much more action, on all fronts and by all actors, is needed to meet the long-term goals of the Paris Agreement said Mr RR Rashmi, Distinguished Fellow and Programme Director, Resource Efficiency and Governance Division, TERI.
Read moreDespite India's push on the issue of fossil fuels it is unlikely there will be any language additional to what was agreed in Bali due to lack of global advancement and concrete action, on technology, hydrogen, blue economy, and circular economy said Mr RR Rashmi, Distinguished Fellow and Programme Director, Resource Efficiency & Governance Division, TERI.
Read moreThe policy brief uses a composite index and indices on consumption developed by The Energy and Resources Institute (TERI) in India, to assess the state of lifestyles and consumption in G20 countries and the European Union (EU); these consumption sectors include food, transport, and residential and waste management. The G20 can play a crucial role in promoting norms on sustainable lifestyles as well as informing actions by the use of evidence and exchange of good practices. This brief
Read moreIn order to make the Earth habitable for future generations, we need to take drastic measures to reduce the concentrations of greenhouse gases says Ms Suruchi Bhadwal, Senior Director The Energy and Resources Institute.
Read moreNeed to shift Climate Change Narrative from Total Emissions to Per Capita Emissions of each country says Mr R K Singh, Union Minister for Power and New and Renewable Energy during his Presidential Address at the Twenty-Second Darbari Seth Memorial Lecture, held in New Delhi on August 25, 2023, in memory of Late Shri Darbari Seth, the founder of TERI.
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