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Net Zero: Transforming Economies For Livable Earth

The journey towards net zero emissions is arduous but essential. It requires collective action, innovation, and a steadfast commitment to building a more sustainable future, writes Aun Abdullah, Head-ESG Lodha With global greenhouse gas emissions reaching record highs and the carbon budget rapidly depleting, the urgency to shift towards a low-carbon and ultimately net-zero carbon economy has […]

India Shipping To Switch Over To Renewable Energy By 2026 To Meet Net Zero

India plans to convert all its coastal and inland waterways shipping to renewable energy by 2026. The move is part of India’s efforts to boost its renewable energy share and reduce greenhouse gas emissions in the shipping industry India’s shipping sector is poised for a significant shift towards renewable energy sources, with ambitions to transition […]

Greening The Real Estate Industry: One Of The Major Contributors To GHG And Second Largest Employer After Agriculture

Lodha addresses climate change risks by taking a leadership stance on both physical and transition risks and to collectively address decarbonization in the built environment it forms ‘Lodha Net Zero’ Real estate assumes significance on two crucial fronts. Firstly, it stands as a major contributor, that is the built environment of the industry accounts for […]

WEF Says $13.5 Trillion Needed To Fast-Track Decarbonisation Of Key Sectors

Institutional investors and multilateral banks are identified as key players in providing access to low-cost capital linked to emissions targets A new report from the World Economic Forum (WEF) emphasises the need for USD 13.5 trillion in investments by 2050 to facilitate the transition to a more sustainable and carbon-neutral future. The report highlights the […]

ReNew avoids 14 MT carbon emission in FY23, says company

During the year, 17,385 GWh of clean energy was produced which could power 5 million Indian households annually, ReNew claimed. It further said that around 10 lakh people have been covered under the company’s CSR initiatives in areas like climate education, school electrification and water conservation   Clean energy firm ReNew on Thursday said the […]

India Urges Developed Nations To Meet Net-zero By 2040

 UN Secretary-General Antonio Guterres has stresses the importance of halving emissions by 2030 and achieving net-zero emissions no later than 2050 to meet the Paris Agreement’s 1.5-degree Celsius goal   Climate change stands as the most significant global crisis and to attain the net-zero target by 2050, developed nations should accelerate their emissions reduction goals […]

Centre Discussing Carbon Tax Mechanism With European Countries: Piyush Goyal

“India is working towards meeting the country’s energy need with clean sources,” says Union Minister Piyush Goyal   The Indian government discussing the carbon tax mechanism with European countries and the proposed mechanism will not hurt Indian exports, said Union Minister Piyush Goyal on Thursday in New Delhi. Speaking at ORF’s first edition of the Energy […]

India Proposes Shift to Carbon-Negative Goals, Puts Pressure on Developed Nations at COP28

 India aims to power half its installed capacity through non-fossil sources and reduce greenhouse emissions to 45 per cent of its 2005 levels by 2030    In a significant development, India is advocating for a substantial shift in global carbon commitments, urging developed nations to transition from carbon neutrality to carbon negativity by 2050. This […]

TiE Delhi-NCR Sparks Sustainability Movement: Summit Unites Innovators for a Greener Future in Sync with India’s ‘Net Zero’ Pledge

The summit reflects TiE Delhi-NCR’s commitment to spotlighting startups that are making significant contributions to the sustainability sector   The Sustainability Summit, aimed at promoting sustainability and environmentally friendly behaviours, was recently held at TiE Delhi-NCR in line with India’s objective to reach Net Zero emissions by 2070. Startup CEOs, investors, legislators, and other important […]

Domestic Steel And Cement Industry Need Rs 47 lakh Crore Investment To Meet Net Zero Goals: Report

India is the world’s second-largest producer of steel and cement, both of which have high emissions and are difficult to reduce. According to a research by the Council on Energy, Environment, and Water (CEEW), “India’s existing steel and cement plants will require Rs 47 lakh crore (USD 627 billion) in additional capital expenditure (CAPEX) to […]