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BIMSTEC countries and climate change: Imperatives for action
Jun 27, 2019

BIMSTEC countries and climate change: Imperatives for action

This brief discusses the climate change challenges facing the member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the initiatives taken by them to mitigate the effects. The South Asian countries within BIMSTEC are particularly vulnerable to global warming-induced weather variations that cause economic damage and loss of lives. At the same time, BIMSTEC economies have achieved impressiv

The Global Carbon Incentive Fund as a Response to the Climate Crisis
Aug 23, 2021

The Global Carbon Incentive Fund as a Response to the Climate Crisis

The 2015 Paris Climate Agreement, often hailed as a diplomatic triumph, aims to limit temperature increases to below 2 degrees Celsius (C), preferably to 1.5 degrees C, compared to pre-industrial levels. However, with the United Nations (UN) having failed to establish a method for putting a price on carbon, greenhouse gas emissions have continued to rise, and global temperatures increased by more than 1.2 degrees C in 2020. Already, experts warn