# Tags

CMAI Collaborates With VCMI To Enhance Carbon Credit Trading Landscape In India

The collaboration focuses on supporting stakeholders in expanding carbon finance activities across key sectors in India  The Carbon Markets Association of India (CMAI) and the London-based Voluntary Carbon Market Integrity Initiative (VCMI) have teamed in a calculated effort to support carbon credit trading in India. According to a recent statement from CMAI, the partnership intends […]

India Introduces National Forest Certification Scheme

A comprehensive investigation into deforestation and greenwashing   by the International Consortium of Investigative Journalists (ICIJ) conducted  in March of this year cast serious doubts over the credibility of existing certifications  The Indian government introduced the Indian Forest and Wood Certification Scheme (IFWCS) in response to growing international concerns about deforestation and the illegal wood trade. […]

Climate Change Made 2011-2020 Decade Wetter And Warmer For India: WMO

Globally, glaciers thinned by about 1 metre per year, impacting water supplies for millions  The World Meteorological Organisation (WMO) released a report during the UN climate conference , highlighting the impact of worsening climate change on India during the 2011–2020 decade. The report, offering a long-term perspective, pointed to sustained trends without variations attributed to […]

Gautam Adani Pitches For Balanced Approach To Energy

The share of coal-fired electricity in India’s power mix is projected to rise to 77 per cent by 2025, subsequently decreasing to 71 per cent in 2030 and 52 per cent in 2050 as renewable power gains traction  During the ongoing 28 UN Climate Change Conference (COP28) in Dubai, billionaire Gautam Adani has underscored the […]

ADB Supports Climate-Resilient Power System Enhancement In Uttarakhand, India

The Uttarakhand Climate Resilient Power System Development Project will modernise the power network infrastructure by introducing an advanced and climate–resilient underground cable system The Asian Development Bank (ADB) has greenlit a USD200 million loan aimed at enhancing the power supply infrastructure in Uttarakhand, India, with a focus on improving quality, efficiency, and reliability. The project […]

Rs 11 Lakh Spent Under Green Hydrogen Mission To Date Against Rs 100 Cr Provision In FY24

By 2030, the National Green Hydrogen Mission aims to achieve a Green Hydrogen production capacity of 5 MMT per annum, contributing to a reduction in India’s reliance on fossil fuel imports  The National Green Hydrogen Mission, led by the Ministry of New & Renewable Energy, has incurred an expenditure of Rs 11 lakh as of […]

Green Hydrogen To Mitigate A Minimum of 50 Million Metric Tonnes Of Greenhouse Gases Annually By 2030

The latest report by WEF in collaboration with Bain & Company outlines the potential, opportunities and roadmap to accelerate the uptake of green hydrogen adoption in India while capitalising on its export potential  India, currently ranked as the world’s third-largest economy in terms of energy needs, is anticipated to experience a 35 per cent surge […]

Deloitte’s Climate Hub In India To Catalsye Innovations

Deloitte’s Asia Pacific Centre of Excellence (CoE) for Sustainability & Climate in India will cater to the rapidly increasing demand for ESG-related services across the region   Deloitte is accelerating its commitment to tackle sustainability and climate challenges with the introduction of the Asia Pacific Centre of Excellence (CoE) for Sustainability and Climate in India. The […]

India Set To Halve Oil Refiners’ FY24 Energy Transition Equity Support

Asia’s third-largest economy, facing an over 40 per cent shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9 per cent of GDP for this fiscal year to the end of March   India plans to cut equity investment by half, targeting USD 1.8 […]

Steel Ministry Explores Partnerships With Japanese Firms For Greener Industry

India targets to minimise 45 per cent of carbon emissions by 2030. One of the ongoing decarbonisation projects aims to use green hydrogen as an alternative fuel to partially replace coal  India’s steel industry is exploring collaboration with Japan to combat carbon emissions, as revealed in an internal note from the steel ministry. The focus is […]