REDUCING CARBON EMISSIONS is a global priority. Finance, investment and new technologies are needed to reduce greenhouse gases and keep global warming in check. Usha Rao-Monari, Associate Administrator of the United Nations Development Programme (UNDP), in an interaction with Business Today, talks about climate change, the need for climate finance and what India should focus on. Edited excerpts:
At COP27, there was an emphatic warning that we are speeding towards catastrophic climate change. Even with so much happening, what are we lacking?
It’s a complicated question, and the answer will also be complicated, but allow me to simplify it. Somehow climate, climate concepts, and climate finance have all managed to stay at an obscure, convoluted level. The ‘how’ has prevented us from accomplishing some of the necessary goals.
In terms of climate finance, decarbonisation [that reduces greenhouse gas emissions and carbon intensity] or mitigation has received 95 per cent of the attention, which is appropriate. Adaptation [that involves changing behaviour, systems, lifestyles, economies, and the environment with a view to mitigate climate change] is a topic to which people have not given as much thought. In the last two COPs, adaptability has finally gained greater attention. Currently, 5-7 per cent of climate finance funds go towards for adaptation. That’s nothing. The UN wants to increase it to at least 25 per cent of climate finance and eventually to 50 per cent. Adaptation over decarbonisation is a different kind of agenda. The two have to run parallel.
Do you think if action is taken now, and if funds are available, we can meet the 2030 and 2050 targets?
هذه القصة مأخوذة من طبعة June 25, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 25, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
