Climate finance Target: Real or Hogwash?
India is advocating for a $1 trillion annual climate finance target at the Azerbaijan United Nations Climate Change Conference or COP29
Four Highlights of the World Solar Market Report
The World Solar Market Report shows global solar capacity increasing from 1.22 GW in 2000 to 1,418.97 GW in 2023. We present you four key highlights
India Working on International Cooperation to Empower Global South
India is prioritizing international cooperation and is assessing its financial requirements at COP29 to set quantifiable goals.
JOULE to Power EVs in Bengaluru
The project is a $2.65 million new Climate Pledge initiative to support over 5,500 EVs by 2030 by addressing infrastructure gaps.
How is the ICICI Bank Propelling its SDG Journey?
Last fiscal, the ICICI Bank propelled its SDG Journey a step further. Here are some initiatives that stand out
COP29: Hope for Climate Mitigation and Climate Fund
Climate incidents have played global havoc. The loss and damage are yet to be established. All eyes are now on COP29
Is Corporate India Fuelling Climate Change?
Corporate India, despite having the resources and grit to take a proactive stance on climate action, largely remains a passive observer
Leading Indian Companies Fall Short of RE/Decarbonization Targets
Indian corporates are falling short of their decarbonization targets; only 5% of their yearly electricity consumption comes from RE
Fairness Concerns Cloud EU’s CBAM
CBAM, currently affecting only 1.64 percent of India’s total exports, is an additional tax burden and trade barrier
Renewable Energy Growth Rate Must Triple to 16.4% by 2030
As per IRENA statistics, despite rapid growth, the world may fall short of the triple renewable energy target set at COP28
3 Reasons Why India Relies on Coal to Address Peak Power Demand
The amount of electricity generated from coal increased by 10.4 percent during the six months ended June 30
BMC Debuts Climate Budget with Rs 10,000 Crore Outlay
The climate budget which represents 32.18% of the total capital expenditure, has been integrated into BMC’s existing fiscal framework
India a primary source of GHG Emissions in Agrifood System
India’s farm-gate emissions are the primary source of greenhouse gas emissions in the agrifood system according to a WB report
India Auctioned Rs 20,000 Crore Green Bonds in FY24
Growing interest in environmentally responsible investments and India’s potential as a green finance market is driving green bonds demand
SIDBI Secures $120 M Green Climate Fund Project
The green climate fund will contribute to the adaptation, mitigation, and strengthening of resilience in economically vulnerable sectors
How can India explore the potential of e-Mobility in Energy Transition?
A recent event highlighted the Indian carbon market’s potential for decarbonization and the role of e-mobility in energy transition
Agriculture in carbon credit fold
India’s agriculture sector has over 40 carbon credit projects, with pilot programs paying $10-30 per acre per year, according to various studies
Richest 1 percent Plundering the Planet
The richest 1 percent of the global population produced twice as much carbon pollution as the five billion people
UN Supervisory Body Agrees to Adopt Carbon Removal, Crediting Methodology to Accelerate Paris Agreement
The Article 6.4 Supervisory Body has agreed on recommendations on CO2 removals and standards to develop carbon crediting methodologies
Developed countries off track to meet 2030 carbon emission targets
Developed countries, including the US, EU, and Russia, are not on track to meet their 2030 carbon emission reduction targets
Microsoft signs 315,000 MT DAC deal with Heirloom
Microsoft and Heirloom have signed the DAC deal to advance net-zero commitments under the First Movers Coalition
An open source repository to manage carbon credits
The software, called the National Carbon Registry, has been accredited as a digital public good (DPG). As a DPG, the registry uses open source code which allows countries to customize information as per their needs.
Maharashtra sets up panel to accelerate climate action
The Maharashtra government has set up a panel to monitor implementation of the Maharashtra State Action Plan for Climate Change (MSAPCC).
GCF, CPF partner for sustainable forests
As the world works to reverse/restrict the harmful impact of deforestation, the Collaborative Partnership on Forests (CPF) has signed a new collaboration partnership. The Green Climate Fund (GCF), one of the world’s largest providers of forest finance, has joined the CPF in a bid to end deforestation and ensure the sustainable management of forests and