Introduction: As the world grapples with the urgent need to address climate challenges, the establishment of effective and standardized mechanisms for emissions trading becomes paramount. This article explores the common building blocks crucial for the success of climate markets, encompassing elements such as common issuance processes, registry and tracking services, Read more…
Introduction: As part of the Paris Agreement’s comprehensive framework for climate action, a Mechanism for Sustainable Development has been established to drive mitigation efforts by both private and public entities. Going beyond individual projects, this mechanism is designed to deliver holistic mitigation results while ensuring sustainable development. In this exploration, Read more…
Introduction: Within the Paris Agreement, a distinct non-market framework emerges as a key component, aiming to promote ambition, facilitate broader participation in Nationally Determined Contributions (NDC) implementation, and enhance coordination across various instruments. This article delves into what the agreement explicitly states about the non-market framework, interprets potential implications, and Read more…
Introduction: The Paris Agreement, a pivotal accord in the realm of climate action, unfolds a comprehensive blueprint aimed at fostering sustainable development while tackling the pressing issue of climate change. This text dissects the multifaceted purpose embedded within the agreement, shedding light on the core elements designed to limit temperature Read more…
September 10, 2023 As world leaders converged on New Delhi, India, for the highly anticipated G20 summit, the future of global energy was thrust into the spotlight. A two-day dialogue culminated in the G20 New Delhi Leaders’ Declaration, a robust manifesto detailing the collaborative vision of global giants. Here, we Read more…
The recently concluded G20 summit in New Delhi witnessed the monumental Delhi Declaration – a testament to the shared vision of global leaders in the realm of sustainable development and climate change. 1. Holistic Growth and Development: The Declaration underscores the profound understanding that the prosperity of both present and Read more…
India is forging a path towards a greener future with its Battery Energy Storage Systems (BESS) initiative. Union minister Anurag Thakur emphasized the nation’s dedication to this cause, highlighting the Viability Gap Funding (VGF) of ₹3,760 crore to support BESS. This funding is planned for disbursement in five tranches, each Read more…
In the throes of unprecedented economic growth, the world grapples with complex challenges—sustainability, environmental protection, and fair wealth distribution, to name a few. Climate change, the prime environmental threat, urges us to transition to a low-carbon energy system, pivoting from fossil fuels to renewable energy (RE). Yet, it’s no secret Read more…
The world is experiencing a seismic shift towards sustainability, demanding substantial investment in green energy systems, advanced battery technologies, and electric vehicles. This transition, essential to stave off the detrimental effects of climate change, presents a profound need for innovative solutions. Enter Firstgreen Consulting, a leading force in the renewable Read more…
As urban landscapes expand rapidly, constructing efficient, sustainable, and circular built environments becomes a pressing priority. Firstgreen Consulting is redefining these challenges, employing comprehensive strategies to ensure environmental responsibility and championing a new era of sustainability. Let’s explore how we, at Firstgreen Consulting, are working to make a tangible difference. Read more…