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Environment minister Bhupender Yadav heads to Brazil: India engages in pre-talks ahead of COP30; climate finance and adaptation on agenda – The Times of India

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Environment minister Bhupender Yadav heads to Brazil: India engages in pre-talks ahead of COP30; climate finance and adaptation on agenda – The Times of India


Union Environment Minister Bhupender Yadav is set to travel to Brasília on October 13-14 for a pre-COP meeting as India steps up preparations for the UN climate summit COP30, scheduled in Belém, Brazil, in November. The meeting aims to streamline negotiations on key issues and build consensus among ministers before the main conference. He confirmed his visit on his X account. The two-day pre-COP will bring together environment and climate ministers, senior negotiators, and observers to narrow differences on politically sensitive issues and build ministerial consensus ahead of the COP30 negotiations, PTI reported. The COP30 presidency expects 30-50 delegations and around 800 participants at the event.Pre-COPs, while not formal UNFCCC events, have become a routine instrument for host countries to focus ministerial attention on a limited set of political questions that otherwise take negotiators weeks to resolve. Ministers use these meetings to test negotiating texts, identify common ground, and prepare positions to expedite negotiations at the main COP.COP30 is unfolding against a complex geopolitical backdrop, with some developed countries reassessing climate strategies amid economic and energy security pressures. The United States’ withdrawal from the Paris Agreement has further heightened tensions. Disagreements over climate finance, the pace and responsibility of the energy transition, and burdens on developing countries remain sharp.Trust between developed and developing countries is fragile following COP29 in Baku, Azerbaijan, where many Global South delegates said finance outcomes fell short of expectations. Central issues include the scale and nature of climate finance, grant versus loan structures, and predictability of funds for adaptation and loss and damage. These topics are expected to dominate discussions in Brasília and later in Belém.Logistical concerns are adding further pressure. Reports indicate shortages of hotel rooms and high costs in Belém, potentially limiting participation of smaller delegations and vulnerable countries. Observers warn that unequal attendance could affect negotiating dynamics and the legitimacy of outcomes.Key discussion points include climate finance, the post-2025 collective finance goal, rules and integrity for international carbon trading under Article 6, adaptation and national adaptation plans, and translating the Global Stocktake into actionable timelines. Loss and damage finance will also be a priority, with ministers aiming to make it predictable and accessible.India has emphasised equity and differentiated responsibilities in climate action, urging developed countries to meet Article 9 obligations on finance. It has pressed for predictable and concessional support for adaptation and loss and damage, while highlighting the need for technology transfer and capacity building aligned with national circumstances. India has also underscored a just energy transition that allows space for development.Ahead of COP30, India plans to submit two key documents: an updated Nationally Determined Contribution (NDC), extending commitments to 2035, and the country’s first national adaptation plan (NAP). The updated NDC is expected to raise ambition on emissions intensity of GDP, non-fossil electricity capacity, and carbon sinks through forest and tree cover, without introducing new pledges. India has already exceeded its target for non-fossil installed capacity ahead of the 2030 deadline.Officials told PTI that India will closely monitor outcomes on carbon markets and accounting, ensuring that poorly designed rules do not shift burdens or create perverse incentives.





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Warner Bros shareholders approve Paramount’s $111bn takeover

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Warner Bros shareholders approve Paramount’s 1bn takeover



The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.



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France Ends Airport Transit Visa Requirement for Indian Travellers | Business – The Times of India

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France Ends Airport Transit Visa Requirement for Indian Travellers | Business – The Times of India


Good news for travellers: France scraps transit visa for Indian passport holders

France has lifted the airport transit visa requirement for Indian nationals with effect from April 10, the French Embassy in India announced on Thursday.Indian nationals holding ordinary passports are no longer required to obtain an airport transit visa when passing through the international zone of airports located on French territory during a layover en route to a third country.The change follows a decree amending the 2010 regulations on documents and visas required for the entry of foreigners into French territory. The decree was adopted and published in the French Official Gazette (Journal Officiel) on April 9, 2026.MEA welcomes the moveThe Ministry of External Affairs welcomed the announcement.“We welcome the announcement on the operationalisation of visa-free transit for Indian nationals transiting through French airports,” MEA Spokesperson Randhir Jaiswal said.He recalled that the removal of the transit visa requirement for Indian passport holders was agreed between Prime Minister Narendra Modi and French President Emmanuel Macron during their meeting in Mumbai in February this year.“The government of France has now operationalized this agreement,” Jaiswal added.Who benefitsThe measure applies to Indian nationals transiting through mainland France exclusively by air, remaining in the international airport zone without entering French territory.President Macron had announced during his visit to India in February that measures would be taken to ease travel for Indian nationals via France.

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The updated procedures have been reflected on the France-Visas platform.



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Comcast beats revenue, earnings expectations as broadband losses improve

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Comcast beats revenue, earnings expectations as broadband losses improve


Comcast topped Wall Street’s revenue and earnings estimates for the first quarter on Thursday, lifted by NBC’s sports slate in February and improving broadband customer losses. 

The company said it lost 65,000 broadband customers compared with 183,000 losses in the same period last year. Heightened competition from wireless providers like Verizon and T-Mobile has led to quarterly customer losses for Comcast and its cable peers in recent years – which has weighed on these companies’ stocks in particular. 

In response, Comcast in the last year has shifted its strategy and introduced more competitive pricing packages in a bid to reduce the broadband losses. The company has also leaned on its mobile business for growth, which added 435,000 new lines during the quarter. In total, Comcast now has 9.7 million mobile customers. 

The company also reported 322,000 cable TV customer losses – fewer than the 427,000 in the same period last year. 

Revenue for Comcast’s connectivity and platforms unit, which includes its Xfinity-branded broadband, cable TV, and mobile businesses, decreased 2% to $17.32 billion. 

The company’s stock climbed as much as 8% in premarket trading.

Here’s how Comcast performed for the period compared with average analyst estimates, according to LSEG:

  • Earnings per share: 79 cents adjusted vs. 73 cents expected
  • Revenue: $31.46 billion vs. $30.43 billion expected 

Comcast’s net income fell nearly 36% to $2.17 billion, or 60 cents per share, compared to $3.38 billion, or 89 cents a share, during the same period last year. Adjusting for one-time items including amortization and investments, Comcast reported earnings per share of $0.79. 

Adjusted earnings before interest, taxes, depreciation and amortization were down roughly 17% to $7.93 billion. 

Comcast’s overall revenue increased roughly 5% to $31.46 billion for the quarter. 

Revenue got a boost from Comcast’s NBCUniversal, which aired a slate of sports – including the Super Bowl, Winter Olympics and NBA All-Star Weekend, during the quarter – that the company coined as “Legendary February.” 

The media business, which is made up of NBCUniversal, recorded a nearly 61% increase in revenue to $7.28 billion during the quarter. Excluding the Olympics and Super Bowl – which provided significant boosts to advertising sales – revenue for the unit was up about 13%.

Live sports remains the highest rated programming on traditional TV and streaming, and beckon the most advertising dollars. The Super Bowl, in particular, breaks records annually when it comes to its pricey commercial spots. NBC received an average $8 million per 30-second ad, CNBC reported. 

Domestic advertising for the media unit was up 135% to $3.45 billion for the quarter. Excluding the Super Bowl and Winter Olympics, it was up 4.7% to $1.54 billion. 

NBC’s sports roster also helped lift streaming service Peacock during the quarter. Peacock subscribers increased 12% year over year to 46 million. Peacock nearly doubled revenue to $2.1 billion compared to the same period last year. The streamer recorded a quarterly loss of $432 million compared to a loss of $215 million in the prior year period. 

Adjusted EBITDA for the media segment decreased to a loss of $426 billion due to higher operating expenses related to the costs associated with the Winter Olympics and Super Bowl, as well as the cost of the NBA rights. 

NBCUniversal is part of the overall content and experiences segment, which also includes the film studio and theme parks – each of which saw sales climb year-over-year. 

Revenue for the film studio was up 21% to $3.43 billion, while Universal theme parks revenue increased 24% to $2.33 billion. The theme parks were boosted by the opening of Epic Universe last May. 



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