If carbon markets were judged by outcomes instead of intentions, the EU ETS would be Exhibit A in climate misdirection.” The European Union’s Emissions Trading System (EU ETS), once hailed as the flagship of global carbon pricing, is failing to deliver on its most urgent promise: industrial decarbonisation. While power Read more…
What we are witnessing is not decarbonisation. It’s offshoring in disguise.” For three decades, developed nations have showcased domestic emission cuts as success stories in climate leadership. But dig deeper into the data, and a different narrative emerges — one not of reduction, but of redirection. The European Union (EU) Read more…
By Dr. Sanjay Vashishtha, CEO – Firstgreen Consulting Pvt. Ltd. As net-zero pledges shift from aspiration to accountability, the Science Based Targets initiative (SBTi) has released the Corporate Net-Zero Standard Version 2.0, a game-changing update that raises the bar for corporate climate action. The new standard makes one thing clear: Read more…
Understanding the Global GHG Landscape Climate change is undeniably one of the most pressing challenges of our time, and the global GHG inventory provides a snapshot of the contributions of various nations to this crisis. G20 nations are responsible for 80% of global energy consumption and more than 75% of Read more…
“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 annual Conference of the Parties (COP) meetings under the United Nations Framework Convention on Climate Change (UNFCCC) serves as a crucial platform for nations to unite in the fight against climate change. As representatives from diverse countries convene, the focus is on discussing and negotiating comprehensive strategies to address Read more…
The United Nations Framework Convention on Climate Change (UNFCCC) stands as a beacon for fostering international cooperation in the face of climate change. Central to this framework is the annual COP meetings, where representatives from countries worldwide engage in discussions to shape and implement strategies for mitigating and adapting to Read more…
The COP meetings convened under the UNFCCC banner are not without their challenges, reflecting the diverse interests and priorities of participating nations. Negotiations often involve striking a delicate balance between the responsibilities of developed and developing countries, financial commitments, and technology transfer. Yet, within these challenges lie opportunities for innovation, Read more…