“The data centers of today are the engines of our digital world, but their energy consumption casts a long shadow over our future.” Data centers are the backbone of our digital world, powering everything from cloud services to social media, online banking, and e-commerce. As the digital landscape continues to Read more…
“Decarbonization isn’t just an option; it’s an imperative for our survival.” Electricity generation remains a significant contributor to global greenhouse gas (GHG) emissions, constituting a major share of the global emissions inventory. According to recent data, over 50% of the annual global GHG emissions are energy-related, with a staggering 70% Read more…
Achieving net-zero emissions is a critical goal for corporates committed to combating climate change. The journey to net-zero involves several structured steps that ensure reductions in greenhouse gas emissions are science-based and verifiable. This blog explores the practical steps companies can take to report their progress towards net-zero emissions, referring 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…
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 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…
With commercial aviation contributing about 2.4% of the total CO2 emissions from fossil fuel use globally, the need for sustainable and environmentally friendly solutions within the aviation sector is undeniably urgent. As India’s aviation industry continues to grow, it is essential that we actively seek to reduce our carbon footprint 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…
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…
Past financial commitments towards environmental initiatives by developed nations have often come under scrutiny due to issues related to their implementation, delivery, and overall effectiveness. In designing a global fund for climate and biodiversity, the following concerns should be addressed: