This article is authored by Anirudh Bhuwalka, CEO, Blue Energy Motors.India, with its burgeoning population and rapidly expanding urbanization, faces a pressing need to address environmental concerns and reduce its carbon footprint – specifically in transportation sector where the number of trucks required will quadruple by 2050. Since COP28 aimed at addressing the critical intersection … Read more
This article is authored by Dilip Chenoy, Chairman, IBSA (India Battery Swapping Association).India is driving decarbonisation across sectors in order to meet its Nationally Determined Contributions of emerging as a net zero carbon emitter by 2070. With transportation contributing 13.5% of the country’s total CO2 emissions, it is no surprise then that the government is … Read more
NEW DELHI: The Asian Development Bank (ADB) has unveiled plans to commence operations of its Climate Action Catalyst Fund (CACF) on January 1, 2024.According to ADB, Positioned as a trailblazing carbon fund under the Paris Agreement, the CACF aims to mobilize innovative carbon finance through the acquisition of carbon credits, intending to spur investments in … Read more
Paris: Countries’ greenhouse gas-cutting pledges put Earth on track for warming far beyond key global limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the United Nations said Monday. The UN Environment Programme’s annual Emissions Gap report is released just ahead of crucial COP28 climate talks and will feed into the global response … Read more