#climatechange – Utkarsh Majmudar

Nahar JITO Bookathon: In conversation with Tushar Mulay

Why decarbonising so tough?

Everyone agrees that decarbonisation is essential. The IMF estimates that global decarbonisation would have a net value of $85 trillion. The IPCC reports have consistently pointed to the pernicious effects of greenhouse gases (or carbon, in common parlance) and that we have probably missed the bus in achieving the goals that we set out inContinue reading “Why decarbonising so tough?”

Biomaterials: Past is the Future

Biomaterials have long been part of our lives. We lived in wooden houses, wore clothes made of natural fibres (cotton and wool), and lived a natural life. With advances in technology, we started living in concrete houses, powering our heating, cooling, and transportation with fossil fuels. Our everyday products were made from synthetic materials. ClimateContinue reading “Biomaterials: Past is the Future”

Climate Risk and Banks’ Credit Losses

Banks face two kinds of risks – risk from physical events and risk from transition to a net zero economy. A recent report in Bloomberg raises an important question about the time frame in which losses from loans made to high-carbon industries that contribute the most to global warming may become financially material for theContinue reading “Climate Risk and Banks’ Credit Losses”

Taskforce on Nature-Related Financial Disclosures

The Taskforce on Nature-Related Financial Disclosures (TNFD) is an international initiative that builds on a model developed by the Taskforce on Climate-Related Financial Disclosures (TCFD). The TNFD focuses on natural and environmental risks, including the loss of biodiversity and the degradation of ecosystems. In comparison, TCFD focuses on climate risk, an interdependent but distinct issue.Continue reading “Taskforce on Nature-Related Financial Disclosures”