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COP27 Diary, Day 11: Draft Texts Published; 'Worrying Inaction' on Fund for Loss and Damage
18 Nov 2022
| The Wire
The COP Presidency published the first draft text of the Cover Decision, which revealed that there is still no consensus on several crucial agenda items, such as the mitigation work programme and a fund for loss and damage, among others. In the draft, there is no decision on Loss and Damage, and only the institutional arrangements for Santiago Network are agreed upon, said Mr R. R. Rashmi, distinguished fellow, TERI.
Read more₹27k cr loss in 30 yrs in ecosystem services
17 Nov 2022
| The Times of India
Researchers from international climate research agency, Zero Carbon Analytics, estimate a loss of Rs 27,000 crore in "ecosystem services" of the Sundarban Biosphere Reserve in the last 30 years, over 80% of which is mangroves. Mr R R Rashmi, distinguished fellow, TERI, said if the money needed to mitigate the effects of climate change isn't found soon, the fragile ecosystem would get affected faster than
Read moreTERI's Vibha Dhawan says switch to renewables gives India environment and economic advantage
17 Nov 2022
| The Financial Express
Speaking the FE Electric Mobility Summit, TERI Director General Dr Vibha Dhawan highlighted the challenges with respect to faster EV adoption in the country and how alternative tech can make a difference.
Read moreHow Modi govt is taking on West's criticism against its coal-powered energy sector
17 Nov 2022
| Outlook India
India continues to stand its ground that coal will play an important role in the country's energy demands until at least 2040. According to Mr R R Rashmi, Distinguished Fellow, TERI, India need not be apologetic about its stance on coal.
Read moreTERI’s Vibha Dhawan says switch to renewables gives India environment and economic advantage
17 Nov 2022
| The Financial Express
Speaking at the FE Electric Mobility Summit, TERI Director General Dr Vibha Dhawan highlighted the challenges with respect to faster EV adoption in the country and how alternative tech can make a difference.
Read moreClimate change cost Sundarbans Rs 2 lakh crore in 40 years, claims study
17 Nov 2022
| The Times of India
Mr R R Rashmi, distinguished fellow, TERI, said if the money needed to mitigate the effects of climate change isn’t found soon, the fragile ecosystem will get affected faster than we would be able to act.
Read moreTERI Policy Brief Launched at COP27 Calls for Making Oceans Critical to Climate Action
16 Nov 2022
| Asian News International
A new policy brief from TERI, released at a UNFCCC official side event at COP27 in Sharm el-Sheikh, highlighted the growing consensus that oceans are essential to climate negotiations and outlined the need for clear objectives and indicators, as well as institutional and enforcement mechanisms, to direct ocean-climate action. "Since climate negotiations are party-driven, climate actions in national jurisdictions have received greater attention, and global commons, including oceans have not
Read moreCOP27: 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
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