Climate News 27 January - 27 February 2024 - SAR-CLIMATE

Climate News 27 January – 27 February 2024

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Why 2024 needs to deliver on climate Finance for South Asia 

Source: Climate Analytics

Date: 27 Feb 2024

Without climate finance the climate process will halt. For climate action to be on track, 2024 needs to be the year of climate finance. South Asia would need roughly around $200 billion per year out to 2030 at the current monetary value. This does not include the increasing cost of loss and damage caused by devastating floods, landslides and droughts faced by thus region ever year.

Climate Change Impacts Severely Impede SDGs

Source: ADB News

Date: 20 Feb 2024

Climate change events are changing countries abilities to meet their Sustainable Development Goals (SDGs), according to a report released by the Asian Development Bank (ADB), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), and the United Nations Development Programme (UNDP).

India is making Strides on Climate Policy that others Could Follow

Source: World Economic Forum

Date: 5 Feb 2024

The rapid solar expansion of solar power in India is the world’s fifth largest solar market on track to have solar contributing 30% of power generation by 2040. Before India could tame the power of sun, the country also has to overcome decades of institutional capacity constraints and manage trade-offs with other policy objectives.

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