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HDFC Bank announces plans to become carbon neutral by 2031-32

Read more about HDFC Bank announces plans to become carbon neutral by 2031-32 on Business Standard. The lender is also working on a framework for issuing green bonds. ....

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Activists dump fake coal outside Lloyd's of London in fossil fuel protest

Climate activists dumped fake coal outside Lloyd s of London s headquarters on Friday, targeting the global insurer in a protest against the industry s backing for major fossil fuel mining projects.
Activists from the Extinction Rebellion group unfurled banners with slogans including Climate Criminals and dumped the blackened boulders in the road outside the building on Lime Street in the heart of the City of London.
The group said that Lloyd s facilitated the fossil fuel industry.
The dumped coal highlighted Lloyd s support for the most polluting projects - tar sands and coal mines, notably Adani Enterprises giant Carmichael thermal coal mine in Australia, Extinction Rebellion said in a statement. ....

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Wipro aims to reach net-zero greenhouse gas emissions by 2040

IT major Wipro on Thursday said it aims to achieve Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5 C.
Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of a 55 per cent reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17 (April-March), a statement said.
These targets are based on the globally accepted Science Based Targets initiative (SBTi) and reflect the deep decarbonisation and operational changes Wipro will drive within its value chain to achieve Net-Zero within 2040, it added. ....

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Climate change cut global farming productivity 21% since 1960s

Despite important agricultural advancements to feed the world in the last 60 years, a new study shows that global farming productivity is 21 per cent lower than it could have been without climate change.
According to the researchers, this is equivalent of losing about seven years of farm productivity increases since the 1960s.
The future potential impacts of climate change on global crop production has been quantified in many scientific reports, but the historic influence of anthropogenic climate change on the agricultural sector had yet to be modelled.
We find that climate change has basically wiped out about seven years of improvements in agricultural productivity over the past 60 years, said researcher Ariel Ortiz-Bobea from Cornell University. ....

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Climate finance still not on table for developing countries: Javadekar

Climate finance of USD 100 billion a year and green technologies for mitigation actions promised in 2009 under the Paris agreement are still not on the table for developing countries, Environment Minister Prakash Javadekar said in Parliament on Monday.
At the 15th Conference of Parties (COP15) of the United Nations Framework Convention on Climate Change (UNFCCC) in 2009, developed countries had committed to mobilising jointly USD 100 billion a year in climate finance by 2020 to address the needs of developing countries. This commitment has, since then, been a key element of the international climate negotiations.
This USD 100 billion is today more than USD 1 trillion. And the finance is not on the table. It is not coming the way it should have come, Javadekar said during the Question Hour in the Rajya Sabha responding to a query asked by DMK leader M Shanmughan. ....

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