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UN Emissions Gap Report Warns Of Drastic 2.5-2.9°C Temperature Rise

To meet the 2°C temperature rise target, emissions must be reduced by at least 28 per cent compared to current scenarios The UN Environment Programme (UNEP) Emissions Gap Report has  alarmed that the world is on course for a 2.5–2.9°C temperature rise above pre-industrial levels unless countries exceed their 2030 climate pledges.   UNEP Executive Director Inger […]

ReNew posts Rs 377 cr net profit in Sep qtr

As of 30 September , 2023, the company said, its portfolio stood at 13.8 GW, including solar and wind capacities, compared to 13.4 GW a year ago   ReNew a prominent figure in the field of clean energy  on Monday reported a net profit of Rs 377.1 crore during the September 2023 quarter, supported by […]

Green Energy Transition Hindered By $18 Trillion Capital Gap: BCG

Renewable energy investment environment is affected by higher capital costs, particularly in the wind sector and, geographically, in North America A USD 18 trillion shortfall is impeding the progress of the green energy transition up to 2030, primarily hindered by adverse investment conditions, according to a report by the Boston Consulting Group (BCG) Centre for […]

Rooftop Solar Potential Could Be Critical To Energy Transition In India, Should Be Incentivised: Study

India’s rooftop solar potential is geographically spread across states, unlike other renewable technologies, such as utility-scale solar and wind projects Over 25 crore households across India have the potential to install 637 GW of solar energy capacity on rooftops, revealed a recent independent report by the Council on Energy, Environment, and Water (CEEW) . The […]

Extension Of Localisation Deadline Hits India’s EV Charger Manufacturing Sector

FAME-II scheme mandates that manufacturers of electric vehicles and EV chargers must achieve a minimum of 50 percent domestic value addition to qualify for incentives In a recent development, India’s plans to boost local manufacturing of electric vehicle (EV) chargers have witnessed a setback, as the Ministry of Heavy Industries announced an extension of localisation […]

Climate Change Impacts India’s Food Security, Stability Of Major Food Crops Threatened

Reduced crop yields, soil degradation, and increased vulnerability to pests and diseases are some of the challenges that will likely cause food production instability   It is important to note that human activity across all industries contributes to global warming. Aside from fossil fuels, the food production system is the next biggest contributor to greenhouse […]

WWF, FIDIC, AECOM Collaborate on Sustainable Infrastructure Guide

Kunming-Montreal Global Biodiversity Framework has mobilised governments and businesses worldwide to conserve and restore natural ecosystems to address this issue   The Kunming-Montreal Global Biodiversity Framework has mobilised governments and businesses worldwide to conserve and restore natural ecosystems to address this issue. The infrastructure sector also needs to contribute to this mission, and integrating nature […]

Amazon’s Electric Delivery Promotes Last-Mile Green Deliveries

Amazon has unveiled the latest fleet of Mahindra Zor Grand three-wheeler EVs, which have been enhanced to improve the efficiency of last-mile deliveries   Amazon came up with a global last-mile fleet programme in India that exclusively uses electric vehicles for deliveries. The program offers comprehensive support to Delivery Service Partners (DSPs), including maintenance, charging, […]

Asia has fastest growth rate of wind, solar capacity at 35% per year: Report

The new study that highlights the Asian region as the global leader in wind and solar development coincides with government leaders, businesses and civil society organisations gathering in the southern Malaysian city of Johor Bahru this week to enhance cooperation and discuss climate solutions in Asia and the Pacific   Asian investments in renewable energy […]

Negotiations Resume On Global Treaty On Plastic Pollution

The leaders at the meeting agreed that to deal with plastic pollution, humanity must change the way it consumes, the way it produces, and the way it disposes of waste The third session of the Intergovernmental Negotiating Committee, aimed at developing an international legally binding instrument on plastic pollution, including in the marine environment, has […]