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Extreme heat costing India’s poorest workers 2% of GDP, survey finds
Matched: climate
India's informal workers lose around $78 billion in wages annually due to extreme heat, equivalent to roughly 2% of GDP, according to a survey. Productivity declines and heat-related illness among the country's poorest workers are driving the losses, with conditions expected to worsen as temperatures continue to intensify due to climate change.
Most “zombie credits” locked out of new UN carbon market after China and India snub
Matched: climate
China and India have declined to authorize the transfer of old carbon credits to the new UN carbon market, effectively blocking most so-called "zombie credits" — low-quality offsets from outdated projects — from entering the system. The move eases concerns that the new market would be flooded with environmentally dubious credits, and is seen as a positive step for the integrity of the emerging mechanism.
India looks to untapped graphite riches for slice of critical minerals boom
Matched: climate
India is seeking to develop its largely untapped graphite reserves to compete in the growing critical minerals market, driven by rising demand for battery-grade graphite in clean energy technologies. However, India faces significant challenges in breaking into a supply chain dominated by China, which currently controls the vast majority of global graphite processing and output.