In a world grappling with the realities of climate change, the words of Mahatma Gandhi ring truer than ever: “Earth provides enough to satisfy every man’s needs, but not every man’s greed.” Our pursuit of sustainability is not just a choice but a necessity, especially in fast-developing nations like India. Read more…
“Climate change is the defining issue of our time, and we are at a defining moment.” – United Nations Secretary-General António Guterres. The global landscape of carbon markets is evolving rapidly, with a significant shift towards more robust and comprehensive systems aimed at mitigating the impact of greenhouse gas emissions. Read more…
“In the race against climate change, there is no finishing line” – Narendra Modi As we approach COP 28 in Dubai, the world stands at a critical juncture in its fight against climate change. The summer of 2023 has been a stark reminder of our vulnerability, with uncontrolled wildfires in Read more…
In recent years, the conversation around emissions trading schemes (ETS) has gained substantial momentum, and for good reason. These systems have the potential to revolutionize the way we tackle air pollution and environmental degradation. One remarkable success story in this regard is the Surat Emissions Trading Scheme, which has not Read more…
Introduction to Climate Change and Its Multifaceted Impacts Climate change presents a complex and multifaceted challenge, manifesting in both extreme and slow onset events. The United Nations Framework Convention on Climate Change (UNFCCC) in 2019 shed light on the diverse nature of these impacts, emphasizing the need for a comprehensive Read more…
Breathing can be hazardous to your health.” This stark reality is underscored by the latest findings from the 2023 Air Quality Life Index (AQLI) report, which confirms that air pollution is the most significant environmental threat to human life, slashing global life expectancy by an average of 2.3 years. The Read more…
The stage is set for COP 28 in Dubai, an event that marks a significant chapter in the carbon market’s history. This trajectory, which has been at the heart of the international response to climate change, deserves a look back as we stand on the cusp of further progress. The Read more…
The transition to solar energy is a bright pathway to sustainability, but the journey from deciding to install solar panels to actually powering your home or business with the sun’s energy involves several crucial steps. One of the most important is obtaining a solar permit—a process that ensures your solar Read more…
Introduction India is embarking on a transformative journey to combat climate change through the establishment of the Indian Carbon Market (ICM). This initiative is a strategic response to the urgent need for decarbonization and aligns with global efforts to price and trade carbon emissions. The ICM draws inspiration from established Read more…
India’s Ministry of Power has recently unveiled its revised Renewable Purchase Obligation (RPO) guidelines, a pivotal move aimed at bolstering the country’s transition towards sustainable energy. However, a critical examination of these guidelines reveals a blend of ambition and adaptability, coupled with a few areas that might require further clarity Read more…