RBI green deposit insurance plan an attractive proposition for banks

RBI green deposit insurance plan an attractive proposition for banks

The Reserve Bank of India (RBI) is believed to be exploring appropriate coverage for green deposits, climate risk-based differential premiums and ex-ante funding needs for climate sustainability, and experts feel this could make such deposits lucrative for banks. A green deposit is a fixed-term deposit for those who want to invest in environmentally friendly projects. … Read more

NASA Releases Updated Climate Change Adaptation, Resilience Plan – NASA

NASA Releases Updated Climate Change Adaptation, Resilience Plan – NASA

NASA joined more than 20 federal agencies in releasing its updated Climate Adaptation Plan Thursday, helping expand the Biden-Harris Administration’s efforts to make federal operations increasingly resilient to the impacts of climate change for the benefit of all. The updated plans advance the administration’s National Climate Resilience Framework, which helps align climate resilience investments across … Read more

Florida braces for more rain after rare flash flood emergency

Florida braces for more rain after rare flash flood emergency

A vehicle stranded by the flooded road due to heavy rain in Sunny Isles Beach in Florida on June 12, 2024. | Photo Credit: AP A tropical disturbance has brought a rare flash flood emergency to much of southern Florida as residents prepared to weather more heavy rainfall on June 13 and 14. June 12 … Read more

Twin NASA Satellites Ready to Help Gauge Earth’s Energy Balance – NASA

Twin NASA Satellites Ready to Help Gauge Earth’s Energy Balance – NASA

Information from the PREFIRE mission will illuminate how clouds and water vapor in the Arctic and Antarctic influence the amount of heat the poles radiate into space. A pair of new shoebox-size NASA satellites will help unravel an atmospheric mystery that’s bedeviled scientists for years: how the behavior of clouds and water vapor at Earth’s … Read more

Indian heatwave highlights temperature ‘record’ checking challenge

Indian heatwave highlights temperature ‘record’ checking challenge

Geneva: The swift announcement that a potentially record-breaking temperature measured this week in India could have been due to a sensor error highlights the challenges in certifying extreme heat. The recording of 52.9 degrees Celsius (127.2 Fahrenheit) in a Delhi suburb on Wednesday — surpassing the national record — was an outlier compared to other … Read more

More than 115,000 flee as Cyclone Remal approaches Bangladesh

More than 115,000 flee as Cyclone Remal approaches Bangladesh

Patuakhali, Bangladesh: More than 115,000 Bangladeshis left their coastal villages on Sunday for concrete storm shelters further inland as the low-lying nation prepared for crashing waves when a cyclone makes landfall, officials said. Cyclone Remal is set to hit the southern coast and parts of neighbouring India on Sunday evening, with Bangladesh’s weather department predicting … Read more

South Asia’s highest ‘land art’ festival set in Ladakh reflects on climate change

South Asia’s highest ‘land art’ festival set in Ladakh reflects on climate change

A carpet of fabric in a gradation of red, brown, and maroon spreads across a dirt road leading up to a barren mountain range. Close by, a cross-section of land lights up in blue fluorescence at night. If the last edition of sā Ladakh, South Asia’s highest contemporary land art festival, is anything to go … Read more

5 Things to Know About NASA’s Tiny Twin Polar Satellites – NASA

5 Things to Know About NASA’s Tiny Twin Polar Satellites – NASA

Called PREFIRE, this CubeSat duo will boost our understanding of how much heat Earth’s polar regions radiate out to space and how that influences our climate. Twin shoebox-size climate satellites will soon be studying two of the most remote regions on Earth: the Arctic and Antarctic. The NASA mission will measure the amount of heat … Read more

How ‘Glowing’ Plants Could Help Scientists Predict Flash Drought – NASA

How ‘Glowing’ Plants Could Help Scientists Predict Flash Drought – NASA

An unusual boost in plant productivity can foreshadow severe soil water loss. NASA satellites are following the clues. Flaring up rapidly and with little warning, the drought that gripped much of the United States in the summer of 2012 was one of the most extensive the country had seen since the yearslong Dust Bowl of … Read more

NASA Teammates Recall Favorite Memories Aboard Flying Laboratory – NASA

NASA Teammates Recall Favorite Memories Aboard Flying Laboratory – NASA

After flying more than three decades and 158 science campaigns, just one flight remains. NASA’s DC-8 Airborne Science Laboratory will make its final flight May 15 to Idaho State University in Pocatello, Idaho, where it will be used to train future aircraft technicians by providing real-world experience in the college’s Aircraft Maintenance Technology Program. Before … Read more