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Climate Crisis: SOS for Action

Renjini Liza Varghese


The recent record-breaking temperature of 47.8 degrees Celsius in Delhi is a stark reminder of the escalating climate crisis. A decade ago, such scorching heat would have been unimaginable, with average temperatures hovering around a much more manageable 34-35 degrees. Even forty degrees was an extreme peak for a brief period back then. Currently, though, that level is the “new normal” in many parts of India.

Cities like Lucknow, Pune, Nagpur, Chennai, and Hyderabad, once accustomed to summer temperature peaks of 45 degrees, are now grappling with highs exceeding 45 degrees and forecasts pushing past 47 degrees. These levels are simply not tolerable for humans, wildlife, and ecosystems.

Today, 40 degrees is the new normal in many parts of the country. Delhi’s unprecedented temperature highlights a disturbing trend-an SOS call to tackle the climate crisis.

The once-ambitious goal of limiting global temperature rise to 1.5 degrees Celsius to pre-industrial levels, considered as achievable a decade ago, now seems like a distant dream. Even the revised target of 2 degrees appears increasingly out of reach.

The past week alone has been a brutal showcase of extreme weather events across the globe, a terrifying glimpse into what awaits us if we fail to act.

India continues to face the heatwave wrath. Tornadoes and hurricanes wreaked havoc in the US, leaving trails of power outages and destruction.

Meanwhile, Afghanistan suffered devastating floods that claimed over 400 lives, displaced thousands, and inflicted immense property damage. Adding to the chaos, parts of Chile experienced a dramatic drop in temperatures, plummeting to freezing levels.

These unprecedented weather patterns and their increasing intensity serve as a stark warning. It’s time to break free from short-sightedness and the relentless pursuit of economic goals or one-sided gains that often lead global leaders to sideline climate action. This is a dangerous path that will undoubtedly lead to chaos and immense loss. We are not just talking about discomfort – we are facing the very real possibility of losing everything to climate disasters.

The need to mitigate climate change becomes even more urgent when we look beyond our borders. A barrage of extreme weather events across the globe is proof that we are facing a monumental challenge.

We must brace ourselves to face the consequences of inaction. This is an appeal for everyone to be mentally prepared for the potential devastation caused by climate disasters. But more importantly, it’s a call to action. Global leaders must prioritize climate action, setting aside political agendas for the sake of our collective future.


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Climate Change Challenging Monetary Policy

WriteCanvas News


Climate change-induced weather shocks pose challenges to monetary policy and pose downside risks to economic growth.

Global average temperatures are on the rise, with an accompanying increase in extreme weather events (EWE), and the economic and social impact of global warming is becoming increasingly evident.

According to the RBI’s Monetary Policy Report – April 2024., climate change-related weather shocks are posing downside risks to economic growth and challenges for monetary policy.

Climate change can significantly impact monetary policy in various ways. For one, it has increased the frequency and intensity of weather shocks, creating challenges for monetary policy.

Unfavorable weather events that affect agricultural production and global supply chains have a direct impact on inflation. Additionally, climate change may affect the natural rate of interest, and its aftereffects may lessen the ability of monetary policy actions to influence the financing conditions that businesses and households face.

The RBI warned that a decrease in productivity could lead to a decrease in the natural interest rate, but inflation shocks will require tighter monetary policy. Although central banks are increasingly incorporating climate risks into their modeling frameworks due to the increasing global climate change threat.

In comparison to a scenario without climate change, the report warned that long-term output could be reduced by about 9% by 2050 if climate mitigation policies are not implemented. The natural interest rate may decline as a result of this productivity decline, but tighter monetary policy may still be required in response to frequent inflation shocks. The report also emphasized that adverse weather events brought on by climate change present risks to the baseline growth trajectory.


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10 Words that Shaped Climate Conversation in 2023

Renjini Liza Varghese


Climate conversations dominated the sustainability landscape in the year 2023. I want to share 10 words that shaped these dialogues. These words give a glimpse into the diverse and ever-evolving vocabulary of climate change.

Extreme Weather Events: Undoubtedly the most prominent term in 2023, it reflects the year’s increased frequency and intensity of hurricanes, heatwaves, droughts, and floods across the globe. This underscores the urgency of addressing climate change and building resilience in vulnerable communities.

Heat Dome: The term gained prominence due to its association with scorching temperatures and potentially hazardous conditions. It emphasizes the localized impact of climate change and the need for localized adaptation strategies.

Overshoot Scenario: This concept emerged as a potential future pathway, highlighting the possibility of temporarily exceeding the temperature target of 1.5°C before returning through rapid emission reductions. It emphasizes the importance of both short-term mitigation and long-term negative emissions technologies.

Phase Down: As a central theme of COP28, this term emphasizes a gradual transition away from fossil fuels and other high-emission activities. It provides a more realistic and manageable approach compared to an immediate phase-out.

The Loss and Damage Fund: COP28 also saw the establishment of a dedicated fund to address the negative impacts of climate change in vulnerable countries. This marks a significant step towards providing resources for adaptation and recovery.

Geoengineering: This controversial term saw increased debate in 2023, highlighting potential technological solutions like solar radiation reflection and large-scale carbon sequestration. It emphasizes the need for careful consideration of risks and ethical implications alongside mitigation efforts.

Degrowth: Offering a radical perspective, this concept advocates for moving beyond the current economic model of perpetual growth and towards a more sustainable approach based on resource conservation. It challenges the traditional paradigm and sparks debate about alternative economic systems.

Carbon Shadow: Serve as a sobering reminder of the long-term consequences of past and present emissions. It underscores the importance of immediate action to prevent further warming and highlights the need for both mitigation and adaptation strategies.

Planetary Boundaries: This concept identifies critical environmental thresholds like climate change and ocean acidification beyond which irreversible damage could occur. It provides a framework for understanding the interconnectedness of Earth’s systems and emphasizes the need for global action to stay within safe limits.

Ecocide: The concept gained traction as a potential crime against the environment, reflecting the growing concern about large-scale environmental destruction. It highlights the need for legal frameworks and international cooperation to protect ecosystems and safeguard our planet’s future.

These terms are now part of our daily conversations on climate change and climate action plans. In the last year, they have helped us to better comprehend the complex challenges and find potential solutions for climate action.


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