China’s response to the rising tensions between India and Pakistan after the terror attack in Pahalgam is evolving in keeping with its interests. Since the Pahalgam terror strike, India has launched a diplomatic blitzkrieg, briefing global leaders. New Delhi began rallying world opinion, stating that it was in possession of intelligence that linked the Pahalgam perpetrators to Islamabad.
The Nangal Wetland, a Ramsar site of international ecological significance, is a calm, glistening body of water located in Punjab's foothills of the Shiwalik range. This artificial reservoir, which was created in 1961 as a component of the Bhakra-Nangal Dam project, has developed into a flourishing natural habitat, a shelter for migrating birds, and a vital resource for nearby residents.
Climate finance has emerged as the financial cornerstone of global efforts to mitigate and adapt to the impacts of climate change. With rising temperatures, erratic weather events, and increasing socioeconomic vulnerability, especially in the Global South, the real-world effectiveness of climate finance is under growing scrutiny. Yet, in countries like India and China, two of the world's most influential emerging economies, the central question persists: Is climate finance delivering results on the ground, or is it still more rhetoric than reality?
India is urbanizing fast. By 2036, nearly 600 million people are expected to live in cities. That’s almost 40% of our population. It means our cities will face immense pressure, the existing infrastructures will not be enough: more people will need more coverage of water supply, sewerage and transportation networks, more housing and cleaner air to breathe.
And how much is that going to cost us? According to a World Bank report, around $840 billion by 2036. That’s a staggering amount. But here’s the real question: are our cities rich enough to afford it?
Climate change intensifies, communities across the world face rising sea levels, more frequent droughts, and extreme floods. In response, insurance has emerged as a critical tool to buffer households, farmers, and governments against financial shocks. But traditional insurance models—designed for rare and localized events—are now being stretched beyond their limits by the scale and frequency of climate disasters (Kunreuther & Michel-Kerjan, 2011).
India's commitment to renewable energy has taken a significant leap with the strategic introduction of the Viability Gap Funding (VGF) scheme for offshore wind energy projects. This initiative, strategically aimed at harnessing the vast offshore wind potential within India's exclusive economic zone, particularly off the coasts of Gujarat and Tamil Nadu, is a game-changer.