DRAFT RELEASED COP27 nears deal on climate finance
Financial Express Mumbai|November 20, 2022
Considers new proposal for 'loss & damage' fund
DRAFT RELEASED COP27 nears deal on climate finance

COUNTRIES WERE CONSIDERING a draft for a final COP27 climate deal on Saturday, with some negotiators saying they were close to a breakthrough in contentious efforts to compensate poor nations already burdened by costly climate impacts.

The UN climate agency released a new draft of the so called cover decision on Saturday, but it was not immediately clear if all 197 governments at this year's summit would back it. Hours earlier, officials from the European Union said they were ready to walk away from the talks if the deal did not advance efforts to curb global warming by requiring that countries take more ambitious action in cutting greenhouse gas emissions. "We'd rather have no decision than a bad decision," EU climate policy chief Frans Timmermans said.

He expressed concern that some countries were resisting efforts to agree on bolder emissions cuts in this decade. He did not name the countries.

Diese Geschichte stammt aus der November 20, 2022-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 20, 2022-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS MUMBAIAlle anzeigen
Financial Express Mumbai

Vi FPO: Foreign players invest big; about ₹5,400 crore raised

GQG, Fidelity buy almost 40% of the anchor investor portion

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

Apple-CleanMax to power solar projects

APPLE HAS FORMED a joint venture with renewable energy provider CleanMax to invest in six rooftop solar projects with a total capacity of 14.4 megawatts (MW).

time-read
1 min  |
April 18, 2024
Infosys may post weak Q4 numbers
Financial Express Mumbai

Infosys may post weak Q4 numbers

INFOSYS, THE COUNTRY'S second-largest IT services firm, is expected to report another weak set of quarterly numbers in the January-March quarter due to continued sluggishness in discretionary spending in the US.

time-read
1 min  |
April 18, 2024
IMF calls for fiscal restraint in year with most elections ever
Financial Express Mumbai

IMF calls for fiscal restraint in year with most elections ever

THE INTERNATIONAL MONETARY Fund on Wednesday urged countries to rein in fiscal spending and rebuild their buffers but said that could prove difficult in the world's biggest-ever election year.

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

Above-normal rains forecast to boost agri loan demand

EXPECTATION OF AN above-normal monsoon this year is not just a piece of good news for farmers, it has also boosted the sentiment in the banking sector.

time-read
2 Minuten  |
April 18, 2024
Financial Express Mumbai

States may get 15% more soft loans for capex

THE CENTRE IS likely to top up the 50-year interest-free capex loans to states by 15% to ₹1.5 trillion in 2024-25 from ₹1.3 trillion provided in the interim Budget. This is because of the increased demand from states for the liberal loan facility aimed at boosting economic activity across the country.

time-read
2 Minuten  |
April 18, 2024
Financial Express Mumbai

After a lull, more men top UPSC exam than women

THE UNION PUBLIC Service Commission (UPSC) on April 16 declared the results for the Civil Services Exam 2023, with Aditya Srivastava securing the top rank.

time-read
2 Minuten  |
April 17, 2024
IPL: Surge price, dynamic rates and a ₹52,938 ticket
Financial Express Mumbai

IPL: Surge price, dynamic rates and a ₹52,938 ticket

HOW MUCH DOES an Indian Premier League (IPL) ticket cost? ₹52,938, in case you are making a last-minute booking for the best seat in the house for Royal Challengers Bengaluru's (RCB) opening home game.

time-read
3 Minuten  |
April 17, 2024
Financial Express Mumbai

NewsClick case: Delhi Police submit sanction orders to prosecute founder under UAPA

THE SPECIAL CELL of Delhi Police Tuesday submitted sanction orders to a Delhi court to prosecute News Click founder-editor Prabir Purkayastha under the Unlawful Activities (Prevention) Act (UAPA).

time-read
2 Minuten  |
April 17, 2024
Financial Express Mumbai

India's reliance on oil imports hits fresh full-year high in FY24

INDIA'S RELIANCE ON imported crude to meet its domestic demand hit a fresh all-time high for the full financial year 2023-24 (FY24) due to growing demand for fuel and other petroleum products amid flagging domestic oil production.

time-read
1 min  |
April 17, 2024