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Your Climate Action Diary - 21

Year 2022 • Week 32 • Anushthatri Sharma
Hi,

New Newsletter Layout Vibes :)

To mark another year of bi-weekly journaling & curating of climate-action news, from around the world - for you !! We hope we have been able to assist you stay up-to-date on climate-action & your personal journey's in it. 

Please feel free to write to us at : [email protected]. We love hearing from you; and receiving feedbacks.

Stay Safe,

Harish,
Team OnePointFive Tribe

(Note : In this week’s newsletter, notice how India & USA, which are 2 of the world's top 3 carbon-emitting countries, are strategising for a net-zero carbon future)

US Senate Approves It's Largest Ever Investment in Climate Action

The US Senate has approved a landmark $700bn economic package, of which 50%+ has been allotted to major legislation in climate action. The bill which aims to cut USA's carbon emissions by 40% by 2030; and includes $60bn for communities that have suffered the most from fossil-fuel pollution.

Cabinet Approves India's Revised Commitment To Paris Agreement

India has updated its targets under the Paris Agreement, incorporating PM N.Modi's 'Panchamrit' strategy. India now stands committed to reducing emissions-intensity of its GDP by 45% by 2030, compared to its 2005-levels. It also aims to achieve about 50% cumulative electric-power installed-capacity from non-fossil fuel-based energy resources by 2030.

India To Halt Further Carbon-Credit Exports, To Meet It’s Own Climate Goals

India is seeking changes to the energy conservation law to create a domestic carbon market. New law will prepare Indian companies for the looming carbon taxes in export markets & will aim to help India become a net-exporter of energy in the coming years by utilising its clean energy potential.

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