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Climate change is one of the most significant challenges defining the 21st century, and ways to deal with it occupy an important space in current policymaking discourse. Central banks in different parts of the world have recently started playing a part in articulating strategies to combat climate change. This brief explores the position of the Reserve Bank of India (RBI) in this regard. It outlines the physical and transition risks associated wit
In Lima and Paris, the global community must ensure that obsession with the legal nature of the post-Kyoto agreement does not detract from achieving what is eminently possible. The next year will in any case determine whether or not climate multilateralism will work.
Climate change exacerbates HMPV spread in India, requiring proactive measures like improved healthcare access, climate-health database, and AI-driven outbreak prediction for better crisis response.
There is widespread hope that the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow will deliver decisive action on the goals of the Paris Climate Agreement. This report gathers different perspectives from analysts in South Asia, Africa, the Indo-Pacific, and the UK on regional priorities and positions on key issues related to the global fight against climate change. Certain threads bind these analyses regarding what the
Ahead of the Paris climate summit, India announced on October 2 its INDCs for climate change mitigation and adaptation. While this commitment has drawn fulsome praise from many, the green ayatollahs have predictably ignored its herculean clean energy ambitions and focused on Indian dependence on coal. It is time to lay bare the 'coal hypocrisy' of these privileged 'western greens'.
The budget by Finance Minister Nirmala Sitharam falls short on climate action, failing to bridge the gap between ambition and execution for a sustainable future.
From Kedarnath in 2013 to Chamoli in 2021, the Himalayan belt has seen disasters arrive with unsettling frequency, each more devastating than the last.
As India, China, US and the European Union grapple with the need for equitable and meaningful climate action, strategies are also needed to address the differing needs and capabilities of the sub-national entities that make up these big players.
China seems willing to assume the climate leadership mantle but there are several factors affecting its acceptability at the global high table on climate.
Lack of monetary resources may prove to be a major impediment to India achieving its climate targets and the Sustainable Development Goals.
In both rural and urban contexts, women are more vulnerable to heat stress and air pollution in low and middle-income countries like India.
The world is currently witnessing an increase in the prevalence of undernourishment as well as a rise in the incidence of overweight, obesity, and non-communicable diseases. Addressing issues of food security and nutrition would not be possible without adopting a food systems perspective—from farm to fork. Indeed, in 2021, countries developed national pathways to transforming food systems to accelerate progress towards the Sustainable Developme
Advances in disruptive technologies have enabled scientists to engineer biological systems and create more efficient and sustainable products for a range of purposes. The convergence of artificial intelligence (AI) with biotechnology has contributed to the development of therapeutics and vaccines, helped address food security, aided in generating innovative processes to mitigate the effects of climate change, and expanded the bioeconomy. However,
Western-centric institutions are being challenged, and the buzz is only growing.
PM Modi's official visit to the UK is unexceptional. This is despite the hype and hoopla that accompany any Modi tour. However, what was different was that for the first time Modi had to respond to issues like Gujarat 2002 riots and the climate of intolerance back home.
There is a strong case to be made for a deeper EU-India partnership against the backdrop of global uncertainties and ongoing wars, an assertive China, and the likelihood of a more transactional United States (US) under Trump 2.0. Meanwhile, the EU-India Roadmap to 2025 has run its course, and the EU-India summit of 2025 could be an opportune moment to release a fresh blueprint for cooperation. As the new European Commission’s agenda springs int
Last week India hosted two important visitors – Russian foreign minister Sergey Lavrov, and the US special presidential envoy for climate John Kerry. These were routine visits, one to lay the groundwork for a potential Russian presidential visit to India and the other to assess Indian intentions on climate
Admitting that the government's 'Make in India' initiative will result in increase in carbon emissions as it focuses on manufacturing, and industries, India's Minister for Environment, Forest and Climate Change Prakash Javedkar emphasises the need for developing countries to get cheaper access to green technology on humanitarian grounds, notwithstanding Intellectual Property Rights.
The geographical and socioeconomic characteristics of small island developing states (SIDS) expose them to unique challenges. Climate change, in particular, poses a severe threat to SIDS, with rising sea levels, ocean acidification, and changing precipitation patterns negatively affecting their ecosystems, economies, and communities. This brief assesses the challenges faced by SIDS in accessing traditional climate financing and analyses the effec
Delhi, a Union Territory that is home to India’s capital, New Delhi, is among the world’s urban agglomerations with the most toxic air. The magnitude of air pollution is massive. It causes devastating impacts on people’s health, the city’s environment, and economic well-being. Despite overwhelming evidence of the severity of air pollution and its consequences, however, India’s policy measures remain weak. This paper identifies the most
The paper provides an understanding of high flows in a river system by explaining the hydro-meteorological, hydro-geomorphological, ecological and socio-economic dimensions of monsoon-related high-flows in the Ganga-Padma river system straddling India and Bangladesh. The aim is to inform the existing flood management approach in India, which has failed to adequately incorporate the geomorphic, hydrologic, hydraulic and biological processes of riv
The global effort to meet the targets set by the Paris Agreement on Climate Change and the Sustainable Development Goals will depend crucially on reforming the structure of development finance. Mobilising private capital will be an essential part of this effort, and existing development finance institutions, led by the complex of multilateral development banks (MDBs), will have to re-orient their strategies and functioning to prioritise this mobi
India presents a unique case of balancing decarbonisation efforts with industrial growth. While notable progress is being made in decarbonising the power and transport sectors, reducing industrial emissions poses a formidable challenge. To meet its decarbonisation targets, India will need massive capital flows, projected at US$10.1 trillion by 2070. While green finance will support technologies that align with the Paris Agreement, transition fina
This report explores the economic and geopolitical impacts of climate change, highlighting the mitigated energy crisis in Europe, inflation trends, and global monetary policies. It discusses investment opportunities in sustainable travel and emerging markets, particularly in Asia, amidst the evolving energy landscape and consumer behaviors post-COVID, in the year 2023.
This report explores strategies to strengthen the relationships among Global South countries, with a focus on enhancing regional synergy between the Association of Southeast Asian Nations (ASEAN) and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation BIMSTEC. The report provides an overview of BIMSTEC’s rising significance as a link between South Asia and Southeast Asia, provides insights into the growing need fo
For Tokyo, the G-7 Summit was driven by the need to define and devise the means of navigating the complex geopolitical landscape of the Indo-Pacific
BRICS has made strides in developing a digital agenda that promotes the use of digital technologies for development while trying to counter digital harms. The grouping has prioritised areas such as agritech and digital agriculture, technology for education, digital health, technology for climate action, and the use of data to further the development agenda. Additionally, bridging the digital divide, promoting cybersecurity, and furthering the rig
Setting up of research taskforces on various climate change and environment risks in the BIMSTEC sub-region can develop a common understanding of the threats, create standards for emergency management and come up with cost-effective solutions.
This brief employs text analytics to assess the extent to which speeches at the United Nations General Assembly (UNGA) on matters of peace and security find resonance in resolutions passed by the UN Security Council (UNSC). These two are among the six main organs of the UN system: the UNGA is the main deliberative and representative body; and the UNSC is tasked with maintaining global peace and security. This brief studies four contemporary issue
Europe’s relationship with China has transformed in recent years, with Chinese behaviour and actions now increasingly at odds with European values and interests. As Europe adjusts to new global realities amid a full-fledged war, the European Union (EU) and its member states are recalibrating their strategies and relationships with China. This paper aims to decipher these evolutions by assessing the EU approach and those of certain key European
Sundarbans is facing twin challenges of increased population pressure in the north and rising sea levels in the south, occasionally teamed with cyclones from the Bay of Bengal.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is standing on the threshold of a new inning, as it marks its 25th year in 2022. The past months have been momentous for BIMSTEC, as it adopted a charter at the fifth Summit Meeting in March to outline a clearer purpose for the organisation. During the summit, BIMSTEC rationalised its 14 diverse sectors of cooperation into seven core areas of inte
Once a niche term, Blue Economy (BE) has matured into a popular concept in marine governance discussions in the Indo-Pacific region. As land resources reach their limits, governments in the region are keen to harness the ocean’s wealth for economic projects. Policymakers widely believe the blue paradigm allows marine activities to be earth-friendly and sustainable, and thereby guaranteeing a more equitable future. Recent developments, however,
East Asia is well-positioned to lead the global transition towards sustainable aquatic food systems, or ‘blue food’. Amid climate change and land pressures that challenge terrestrial agriculture, blue foods offer vital nutritional and ecological benefits. Unlocking their potential requires sustainable aquaculture practices, robust governance, targeted policy support and the integration of blue foods into national, regional and global framewor
As the threat from climate hazards rise, several global cities have altered their urban planning and design approaches to incorporate nature-driven solutions as a counter to conventional infrastructure practices by harnessing blue elements (for instance, seas, rivers, lakes, wetlands, and water utilities) alongside the green (such as trees, parks, gardens, playgrounds and forests). This paper explores the emerging concept of blue-green in
वैश्विक आबादी में 40 फ़ीसदी तथा विश्व के वन क्षेत्र में पर्याप्त हिस्सेदारी के साथ BRICS+ ब्लॉक जलवायु-संबंधित स्वास्थ्य चुनौतियों का जवाबर तैयार करने में अहम भूमिका अदा कर सकत�
The world is off-track in achieving the 2030 Sustainable Development Goals (SDGs), with financing gaps widening due to geopolitical shifts, rising debt, and the growing impacts of climate change. This brief offers a renewed framework to bridge the SDG financing gaps by strengthening domestic public finance, mobilising sector investments, and reforming the international financial architecture. It highlights the critical need for tax reforms, strat