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Green Hydrogen: Catalyst For Rapid Growth And Achieving Net Zero Targets

India is currently the third-largest economy in the world in terms of energy needs, and the country’s demand for energy is set to surge  According to a collaborative report by Bain & Company and the World Economic Forum, green hydrogen has emerged as a promising solution for meeting the energy demands of key sectors in […]

Reliance Aims To Propel Gujarat To Global Leadership In Sustainable Growth

At the Vibrant Gujarat Summit, Mukesh Ambani said that Reliance would build India’s first carbon fibre facility at Hazira and work towards making the state the world’s leading green growth destination  Reliance has deliberately invested more than USD150 billion (12 lakh crore) over the last ten years in developing world-class resources and capabilities throughout India, […]

Moody’s Forecasts ESG’s Influence On Ratings In 2024

Despite the overall momentum for more rapid decarbonisation of the global economy, high-interest rates and slowing global growth could dampen green investment in 2024 and impede the execution of capital-intensive projects  According to a recent analysis by Moody’s Investor Service, environmental, social, and governance (ESG) factors are expected to have an increasing impact on how […]

Lodha Sets Industry Standard With SBTi-Validated Net-Zero Targets

Leading the Industry transition towards sustainability, Lodha’s net-zero commitment receives global recognition from SBTi Lodha, recognised as one of the  India’s top real estate developer, disclosed today that its Net-Zero targets have received validation from the Science Based Targets initiative (SBTi). Since unveiling these ambitious goals in 2021, Lodha has maintained a steadfast commitment to significantly reduce […]

PM Modi, CEO Of UAE-based DP World Discuss Potential Investment Plans In India

Sultan Ahmed Bin Sulayem said his Group has invested almost two-and-a-half billion dollars and is going to invest more in the next three years, post-meeting the Prime Minister of India    In a post on X(formerly Twitter), Prime Minister Modi said the discussions revolved especially around creating sustainable, green and energy-efficient ports and world-class sustainable logistic […]

1,900 Government Buildings In Jammu And Kashmir Go Solar; Targeting 20,000 More By December 2025

Rooftop solar power plants in 20,000 buildings add 300 MW   According to Saurabh Bhagat, Commissioner Secretary of Science and Technology, about 1,900 government buildings in Jammu and Kashmir had rooftop solar power plants installed as part of a substantial programme. By the end of 2025, another 20,000 structures are expected to be solarised. There are […]

IIFCL Plans To Generate INR 2,000 Crore Via Green Bonds

As of December 2023, the company  profits  Rs 1,189 crore, with loan sanctions totalling Rs 30,315 crore, surpassing the figures from the previous fiscal year in just three quarters  To finance sustainable projects, India Infrastructure Finance Company  (IIFCL) plans to raise Rs 2,000 crore in the next six months, marking its debut in the green bond market. […]

Supreme Court Directs CPCB To Undertake Scientific Studies On Pollution From Stone Crushing Units

The tribunal orders and directs the prospective  units to obtain Environmental Clearance from State Level Environment Impact Assessment Authority (SEIAA) West Bengal, for their operation in the state   The Central Pollution Control Board (CPCB) has been ordered by the Supreme Court to carry out research and collect information regarding the pollution that originates from stone-crushing facilities. A 1 May , […]

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 […]