The dire implications of climate change are becoming increasingly clear, and businesses globally are responding by committing to the ambition of becoming net-zero companies. This means working towards eliminating their greenhouse gas emissions, and any emissions that cannot be avoided are offset through investments in projects that sequester an equivalent Read more…
As climate change continues to exacerbate global challenges, its relationship with conflict is becoming more evident. In particular, the ongoing Ukraine-Russia conflict provides a telling illustration of the complex interplay between climate change and political instability. Understanding Climate-Conflict Connections Climate change, in itself, does not directly trigger conflict. However, it Read more…
The urgent need to address climate change is more pronounced now than ever before. Recognizing this need, the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) established the Green Climate Fund (GCF) in 2010. The GCF embodies a global commitment to support climate-resilient development, serving as a Read more…
The Paris Agreement has been a landmark in international climate policy, introducing several novel tools and mechanisms designed to aid global efforts to limit global warming. Article 6.4 is one such mechanism, devised to enhance the flexibility of climate action and promote sustainable development. Its implementation has been a subject Read more…
The Paris Agreement, adopted in 2015, has been a game changer in international climate diplomacy. With its ratification, 195 nations have committed to the mitigation of greenhouse gas emissions with the goal of limiting global warming to well below 2 degrees Celsius, preferably 1.5 degrees, compared to pre-industrial levels. One Read more…
Water Quality and Access Credits are another type of environmental incentive under the Green Credit Programme. These credits are designed to encourage activities that improve water quality, promote efficient water use, and enhance access to clean water. Entities can earn these credits by undertaking projects or initiatives that demonstrably improve Read more…
Air Quality Credits are a type of environmental incentive under the Green Credit Programme. They are designed to encourage activities that improve air quality, reduce emissions, and promote cleaner technologies. These credits can be earned by entities that undertake projects or initiatives that demonstrably improve air quality beyond what is Read more…
The Budget 2023 has made several key announcements regarding India’s green growth agenda. Among these, the establishment of regulations for the Green Credits Programme, governed by the Environmental Protection Act, stands out as a significant initiative. This programme aims to mitigate climate change, build adaptive capacity, improve the overall state Read more…
The Budget 2023 has made several key announcements regarding India’s green growth agenda. Among these, the establishment of regulations for the Green Credits Programme, governed by the Environmental Protection Act, stands out as a significant initiative. This programme aims to mitigate climate change, build adaptive capacity, improve the overall state Read more…
The Indian government’s ambitious plan to introduce a battery swapping policy for electric vehicles (EVs) has hit a roadblock due to stiff opposition from the industry over interoperability standards proposed in the draft scheme. The policy, which aimed to make EV charging as quick as refuelling conventional vehicles, is now Read more…