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Blog Posts: climate change

  • Unlocking the potential of carbon market mechanisms in the Paris Agreement

    Negotiators from across the globe are currently meeting in Spain at the 25th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). On their agenda is a complicated item – how should countries use carbon markets to meet the global climate challenge?

    Why does carbon need a market?

    Climate change is a market failure. In spite of the climate impacts of economic activities, the economic costs of such impacts are not accounted for in market prices, leading to higher emissions than ideal for a...

  • How Transit-Oriented Development Can Advance Climate Action in India

    Under the Paris Agreement, by 2030, India has committed to reducing the emissions intensity of its Gross Domestic Product (GDP) by 33-35 percent as compared to 2005 levels. Since economic activity is concentrated in urban areas, cities need to take the lead in achieving this target. Therefore, cities need to pursue development in a clean, green, inclusive, equitable and...

  • Kerala Flooding: Natural Calamity or Manmade Disaster?

    As India prepared to commemorate its 72nd Independence Day, the southern state of Kerala saw little reason to celebrate. The monsoon rainfall this year was heavier than normal and had reached alarming levels. On an average, districts received 30 percent excess rainfall, with some districts recording between 70 to 90 percent excess.

    In agricultural India, an abundant monsoon is a blessing. However, successive spells of heavy and excess rainfall...

  • Easing a Data Drought to Propel City Climate Action

    Imagine a government official working in an Indian state overwhelmed by a multitude of pressing concerns – solid waste burning, water contamination, air pollution. Tracking greenhouse gas (GHG) emissions has not been her top priority. And then she gets tasked with generating a climate action plan.

    But how can she get started on a plan that will have real impact in the absence of the granular data on GHG emissions from her state? She may not know how many vehicles are on the road (purview of the transport department) or how much solid waste is being generated (overseen by the...

  • How Indian companies are moving quickly on carbon pricing

    This blog post originally appeared on ET Energyworld.

    In Davos, Switzerland last month, the World Economic Forum recognized climate change as among the top existential risks facing businesses over the next decade. Businesses have already taken note as more than 1,300 companies that together generate $7 trillion in revenue have adopted or are planning to adopt a market solution to the climate problem.

    One of them is a leading Indian textile manufacturer. Its...

  • Keeping Heads Above Water: Lessons for Building Resilience After Flooding in South Asia and Texas

    This blog post originally appeared in WRI Insights.

    Arriving in Katmandu days after Hurricane Harvey made landfall, I watched footage of the storm's torrential rains batter southern Texas and saw heartbreaking images of families trapped on rooftops surrounded by toxic stormwater.

    Here in Nepal, more than 13,000 kilometers (8,077 miles) away from Houston, the worst monsoon season in years is also inundating villages outside the capital....

  • Changing Times and Tides Part 1: The Need for Climate Change Adaptation in Coastal India

    The urgency and complexity of the climate change challenge has been globally recognised. As developing countries grapple with the adverse effects of unfavorable climatic stressors, the global community is negotiating to meet the increasing demand for climate finance. This shift in the global conscience has facilitated a conducive environment for mainstreaming climate change adaptation and mitigation efforts, and integrating them firmly into countries’ overall developmental and growth agendas. There is far greater emphasis now on ensuring the climate proofing of development.

    To that...

  • Changing Times and Tides Part 2: Managing Risks and Adapting to Changes

    As part of an initiative to test the climate-proofing of development plans in India, WRI and NABARD have been studying the impacts of changing weather patterns in Cuddalore, a coastal district in Tamil Nadu. As a premier development bank in India, NABARD has been instrumental in providing technical and financial support to various development initiatives throughout the country. In Tamil Nadu, the Bank has been particularly contributing to alleviate the state’s dire water needs, through the promotion of participatory water management scheme in collaboration with Government of Tamil Nadu....

  • Jal Jeevan Hai – NABARD’s Water Campaign 2017

    Population growth and an increasing vulnerability to climate change means that India faces an uphill task in effectively and efficiently tackling its water problems. World Resources Institute (WRI) research has shown that almost 54 percent of India faces high to extremely high water stress, and resulting in heightened agrarian distress in the country.

    India’s National Bank for Agriculture and Rural Development, NABARD, launched a Water Campaign on 22nd March...

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