Tata Power has announced that they are planning to invest about ₹75 thousand crores to escalate the company’s renewable energy capacity. The announcement was made by Chairman Natarajan Chandrasekaran during the annual meeting of the company and highlighted that Tata Power will employ a more focused and practical approach to achieve renewable targets.
As the UN Climate Change Conference COP27 is getting closer Egyptian Prime Minister Mostafa Madbouly has started reviewing the preparations of the projects for COP27. PM held a meeting with the concerned ministries to get updates on the projects aligned with the nation’s climate action targets.
Minerals are one of the primary driving forces of human development, many regions in the world depend on their mineral reserves as a source of income. A recent study published in the Journal for Cleaner Production, finds that their total environmental costs amount to as much as 4 trillion pounds ($5tn) every year.
India has invested heavily in renewable power like solar and wind, but new studies suggest that the power production will decline severely in the coming decades due to climate change.
To promote Climate action in the education field Indian Indian Institute of Management (IIM) Kozhikode has introduced a ‘Centre for Climate Studies’. The officials reported that the new centre will be a Centre of Excellence at IIMK. The main focus of the courses under the Centre will be on CLIMATE which represents Climate Leadership, Internationalization and Management for policy Advancement, Technology and Enterprise.
Amidst the record heatwave in Northern Italy, a huge chunk of the glacier collapsed in Dolomites mountain and killed nine hikers so far as per the officials. A huge part of the ice of about 3,300 metres fell off from the highest peak of the Marmolada mountain and caused the disastrous avalanche.
Egypt is set to host the COP27 this year. The country is also launching its 2050 climate strategy. The country’s environment ministry recently had a discussion with the representatives of the IMF about it.
A team of young researchers from Finland have successfully installed the world’s first fully functioning sand battery that has the ability to store green power for several months.
Australian resource minister Madeleine King announced that to escalate the climate action targets India and Australia signed a deal to boost the development of critical metal projects and supply chains.
On the sidelines of the UN Ocean Conference 2022 held in Lisbon, Egyptian Environment Minister Yasmine Fouad had a bilateral discussion with the Member of the House of Lords of the UK Lord Zac Goldsmith. The discussion was focused on several environmental issues and the preparations for the COP27 climate summit which is going to be held in Egypt in November this year.