Nature news

The past decade has been the hottest on record, with 2023 marking the warmest year ever, according to a UN report. Rising carbon dioxide levels, record ocean temperatures, and extreme weather events signal a worsening climate crisis. The report attributes global heating mainly to human activities and warns of severe consequences. Amidst policy rollbacks by the Trump administration, experts and activists urge immediate action to curb emissions and transition to clean energy.

A study by IIM-Lucknow and IMT-Ghaziabad highlights the challenges India’s small- and medium-sized steel enterprises (SMEs) face due to the EU’s Carbon Border Adjustment Mechanism (CBAM). While large firms may adapt, SMEs struggle with financial and technological constraints, leading to unequal decarbonisation. The study urges the EU to support SMEs via technology transfers and capacity-building to ensure fair climate policies. It also warns of trade complexities and stresses global

Japan has set new decarbonization targets, aiming to cut emissions by 60 per cent by 2035 and 73 per cent by 2040 from 2013 levels. The updated energy plan boosts renewables to 40-50 per cent by 2040 while reviving nuclear power, targeting 20 per cent of energy supply. However, nuclear expansion faces safety concerns and slow regulatory processes. The International Atomic Energy Agency (IAEA) is monitoring plant restarts, including at Kashiwazaki-Kariwa, amid local opposition.

Rich nations' unfulfilled promises on climate finance might force developing countries to reconsider climate targets. The Economic Survey highlights India's vulnerability and advocates focusing on adaptation over emission mitigation. Key measures include climate-resilient seeds, urban resilience, early warning systems, mangroves, sea walls, and water management. Developed countries falling short of their commitments make low-carbon transition challenging.