Climate change is increasingly recognised as a material financial risk, impacting banks, investors, and markets through physical and transition risks. Regulators like the RBI are introducing frameworks for disclosure, risk management, and governance to enhance financial stability. While awareness among investors is growing, bridging the gap between recognition and action—through metrics, transition plans, and green investments—is critical to building a resilient, sustainable, and net-zero aligned financial system.
Click to View MoreIn 2024, global tree cover loss surged due to wildfires, with tropical forests burning 370% more than in 2023, releasing 3.1 gigatonnes of CO₂. Climate change and droughts intensified fires across the US, Canada, EU, and Asia, threatening biodiversity and ecosystems. In India, forest fires are increasingly severe, affecting forest health, wildlife, and local communities. Government measures include fire management, afforestation, and community engagement, while long-term strategies emphasize climate adaptation, monitoring, and resilience building.
Click to View MoreThe International Solar Alliance, launched by India and France at COP21, unites over 120 nations to drive a global solar revolution. Aiming to mobilize $1 trillion by 2030, it promotes clean energy access through initiatives like OSOWOG, fostering sustainability, energy security, and climate resilience.
Click to View MoreAccording to the FAO’s Global Forest Resources Assessment (GFRA) 2025, India ranks 9th globally in total forest area and maintains the 3rd position in net annual forest area gain, reflecting strong progress in afforestation and forest management. The country is also 5th among top global carbon sinks, with forests absorbing about 150 million tonnes of CO₂ annually (2021–2025).
As per the India State of Forest Report (ISFR) 2023, India’s forest cover spans 7,15,343 sq km (21.76% of its geographical area). Government initiatives like the Green India Mission, National Afforestation Programme, and Mission LiFE are driving ecological restoration, community participation, and sustainable living.
India’s achievements demonstrate its multidimensional commitment to climate action, biodiversity conservation, and the UN Sustainable Development Goals (SDG 13 & SDG 15), positioning it as a global leader in green growth and environmental stewardship.
Click to View MoreMajor meat and dairy companies emit more methane than the entire EU and UK combined, contributing significantly to global greenhouse gases. The top five producers release more emissions than major oil companies like BP and Shell. Methane from livestock, especially cattle, drives climate change and deforestation. Current industry solutions are insufficient, and urgent policy shifts toward emission targets, sustainable farming, and plant-rich diets are needed to meet climate goals.
Click to View MoreIUCN's Motion 042 declares fossil fuels a direct threat to nature, urging a just, global phase-out and backing a Fossil Fuel Non-Proliferation Treaty. This resolution aims to unite climate and biodiversity goals, prioritize Indigenous voices, and accelerate global action for COP30.
Click to View MoreClimate change is causing extreme floods in Northern India due to warmer atmospheres, intensifying rainfall events and cloudbursts. This crisis highlights the need for climate-resilient disaster management and balancing development with environmental sustainability.
Click to View More
© 2025 iasgyan. All right reserved