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Environmental Concerns Derail Trade Deal: The Clash of Interests in the Indo-Pacific Framework
In the intricate world of international trade agreements, where economic interests often take centre stage, a surprising twist has occurred that underscores the growing influence of environmental concerns. The Indo-Pacific Economic Framework (IPEF), a groundbreaking trade pact involving thirteen nations, has encountered an unexpected obstacle—an anti-whaling provision that has thrown the entire agreement into...
EU Dilutes Corporate Sustainability Disclosures: A Step Back in Sustainability Ambitions
Amidst growing global concerns about environmental and social challenges, the European Union (EU) has undertaken what it deems a significant move towards reinforcing corporate sustainability reporting. The EU's executive body, led by President Ursula von der Leyen, recently unveiled the final rules for environmental, social, and governance (ESG) disclosures through the European Sustainability Reporting...
$1.4 Billion Fund Unveiled to Combat Global Environmental Crises
The Global Environment Facility (GEF) has made a historic announcement, unveiling a groundbreaking funding initiative of $1.4 billion. This unprecedented fund aims to rapidly address environmental crises worldwide, focusing on challenges such as climate change and biodiversity loss. With a particular emphasis on benefiting marginalised communities, especially women who bear a disproportionate burden, the...
World Bank to provide loan of $300 million for school education in Chhattisgarh and $200 million for power sector reforms in Himachal Pradesh
The World Bank’s Board of Executive Directors has approved a $300 million (Rs 2460 crore) loan to help expand and improve the quality of education in government-run schools in Chhattisgarh. The project aims to benefit about 40 lakh students from underprivileged communities in the state.
The World Bank has also approved a loan of $200...
Leaders gather at Annual UN policy forum to tackle Asia and the Pacific’s most daunting threat: Climate Change
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened its 79th session in Bangkok today, with global and regional leaders calling for urgent action to combat climate change and its dire impacts.
They urged countries in the region to meet their nationally determined contributions, intensify development of climate-sensitive technology, nurture...
World Red Cross Day and the role of Red Cross globally
World Red Cross Day and Red Crescent Day is celebrated on 8th May every year by the Red Cross society across all the countries. This day marks the birth anniversary of founder of the International Committee of the Red Cross, Henry Dunant, who was born on 8 May 1828. The first 'International Red Cross...
Wealthy Nations to Fulfil $100 Billion Climate Finance Commitment this year
After much delay, wealthy nations have shared "the good news" that they are on track to fulfil their $100bn climate finance commitment to developing nations by the end of 2023. This pledge, which was initially promised for 2020, aims to provide vulnerable states affected by the worsening impacts of climate change with financial support...
World Day for Safety and Health at Work 2023: Challenges Faced by Indian Diaspora Members at Work
The Indian diaspora, comprising approximately 18 million individuals, is one of the largest migrant communities in the world. It has a significant presence in several countries, including the United States, Canada, the United Kingdom, the Gulf countries, and Australia. While many members of the Indian diaspora are employed in high-skilled professions, such as information...
Climate change affecting water access and quality: How Brands are establishing solutions through technology
The global population is currently vulnerable to the calamitous impacts of the time bomb that is ongoing climate change. The sustained increase in the Earth’s average temperature is predicted to pose a big risk to the planet’s water resources.
The supply of quality water and access to it will be impacted by the numerous factors...
India to the Rescue: The Tradition of Extending Humanitarian Aid to the World
India has a rich history of extending humanitarian aid to countries in need and has been at the forefront of providing assistance to countries facing natural disasters, conflicts, and other emergencies. Over the past few years, India has extended humanitarian aid to countries across the world, demonstrating its commitment to promoting global peace and...
Top 5 Countries with 100% Renewable Energy in Electricity Generation
Renewable energy sources such as solar, wind, hydro, geothermal and biomass can be used to generate electricity. These sources are considered renewable because they are naturally replenished and do not deplete finite resources. This means that they can be used indefinitely, unlike fossil fuels which are finite and non-renewable.
Using renewable energy to generate electricity...
United Nations Day 2022 – Is the UN failing?
Every year, 24th October is observed as United Nations Day. This marks the anniversary of the day in 1945 when the UN Charter entered into force. In the past 77 years, the purpose of the UN has been to maintain international peace and security, promote social progress, improve living standards and support human rights....