India had referred to a report by the UN climate science panel, which said countries must halve emissions by 2030 to meet climate goals & would require substantial reduction in fossil fuel use.
The interest in keeping the definition of climate finance ambiguous maintains the status quo, where a majority of loans can pass off as climate finance, say experts.
The conference record of the past 50 years inclines one towards environment pessimism. But without the pressure of such events to set targets, even less would happen.
Britain’s failure to secure the oil of Arabia in the 1950s was no misjudgement. The sun was setting on the Empire, and a new hegemon had emerged. Is another anarchy on the rise now?
The rupee’s fall to record lows amid rising energy-import costs and capital outflows is raising expectations that RBI Governor Sanjay Malhotra may be forced to abandon his pause and hike rates.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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