The real estate sector in India is a juggernaut that’s showing no signs of slowing down. As of 2021, the real estate market size in India was around US$200 billion and is projected to reach a whopping US$1 trillion by 2030. Furthermore, a staggering 70% of the buildings that will Read more…
The Emergence of REITs in India The Securities and Exchange Board of India (SEBI), the regulatory body for securities in the country, issued guidelines for REITs in 2014. Yet, the response to this new form of investment vehicle was lukewarm, and the first operational REIT only started in 2019. To 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…
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 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…
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…
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…
The Green Credit Scheme, an innovative initiative by the Ministry of Environment, Forest and Climate Change, India, has been designed to encourage sustainable practices across various sectors. The first category of this scheme, the Tree Plantation-based Green Credit, aims to enhance the green cover across the country through tree plantation Read more…
The world is increasingly recognizing the importance of trees, not just for their aesthetic appeal, but for their crucial role in mitigating climate change, preserving biodiversity, and enhancing the health of our planet. This has led to the emergence of a new sector – the business of green plantation. This Read more…
Solar energy, the ever-abundant source of power generously offered by our Sun, has the potential to reshape the future of our planet. Harnessing this renewable energy is not just environmentally sustainable but also economically transformative, making it an indispensable part of our pursuit of a greener future. One ambitious project Read more…