Tag: climate change impact

This Is The Second-Warmest September On Record, Says Climate Watchdog

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This Is The Second-Warmest September On Record, Says Climate Watchdog

Paris, France: Last month was the second-warmest September ever registered globally in an exceptional year “almost certain” to become the hottest on record, the EU climate monitor Copernicus said on Tuesday. The Copernicus Climate Change Service (C3S) said the average global temperature last month was second only to September 2023.  September saw “extreme” rainfall and…

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India’s rising water stress can dent its sovereign credit profile: Moody’s Ratings

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India’s rising water stress can dent its sovereign credit profile: Moody’s Ratings

Photo used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings warned on June 25 that India’s growing water shortage and increasingly frequent climate change-driven natural disasters, amid a rise in consumption and rapid economic growth, can negatively affect the country’s sovereign credit strength. Currently rated Baa3 stable by Moody’s, which denotes the lowest…

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