Born in Telangana, Attero is an end-to-end type electronic waste company which aims at sustainability. They not only recycle waste, but reuse the materials that can be reused. Precious metals like gold, silver, copper, nickel etc are separated from the electronic gadgets and sold off, completing the circular economy.
When a leading economy like China faces stagnant growth, it becomes alarming for the experts of world markets and economists, about the way every economy will be affected by it. The third quarter report by the National Bureau of Statistics(NBS) suggested that the growth China saw was just 4.9%.
A group of Indian scientists have developed an environmentally friendly, biodegradable and non-toxic polymer using guar gum and chitosan. These are polysaccharides derived from guar beans and shells of crab and shrimps.
PM Modi announced the National Hydrogen Mission during his independence day speech from Red Fort on 15th August, 2021. It is worth mentioning that India spends almost INR 12 lakh crores annually to meet its energy needs. National Hydrogen Mission will aim to mark India as a global hub for green hydrogen production and exports.
Britain’s academia warns the country of impending ‘catastrophic’ environmental fallout and the need to combat climate change. A few weeks earlier, Britain published a report warning that without immediate, extensive lowering of GHG emissions, capping global warming at 1.5 or two degrees will soon be ‘beyond reach.’
Reliance Industries Limited announced to invest 5.95 trillion rupees to support the green energy projects in the state of Gujarat and boost the net-zero target to reduce carbon emissions by 2035.
A new hydrogen development and carbon sequestration company, Lapis Energy has recently received private equity funding to launch low carbon and clean hydrogen projects across the globe
The advancement of mankind and upliftment in the standard of living due to industrialization, urbanization and globalization came at the cost of the natural environment, aggravating nature’s turf which seems to be pernicious. The bygone years have witnessed the corporate world going encyclopedic, resulting in a transitional drift from a customary orthodox financial construct to a modern capacity based economy which is ready to explore and incorporate the green economic dimensions in their business strategies and policies for gaining competitive advantage. Seeing the urgency of incorporating “green” in business strategies and the cautious use of assets, the sustainability issue is a top concern for corporate leaders.
The first Budapest hydrogen summit finally commenced on March 10 with the high-level policymakers, major industry stakeholders, and experts from the CEE region sectors committing to achieve a smooth shift to carbon-free hydrogen as energy fuel in the near future.
To support India achieve its climate action targets German Chancellor Olaf Scholz, has pledged 10 billion euros ($10.51 million) after meeting Prime Minister Narendra Modi in Berlin on May, 2. However, these negotiations were overshadowed by India’s neutral position on the Ukraine war.
United Nations Framework Convention on climate change (UNFCCC) defined climate finance as “local, national or translational financing- drawn from public, private and alternative source of financing – that seeks to support mitigation and adaptation actions that will address climate change.”
A recent study conducted by the Indian Institute of Science (Bengaluru) along with IIT Mandi and IIT Guwahati has concluded that 10 eastern cities (mostly coastal) are most at risk due to climate change.
Reliance Industries Ltd., owned by Asia’s richest man Mukesh Ambani has aimed to be among the largest blue hydrogen producers at ‘competitive cost’ in its green energy transition plan.
Government is promoting bamboo cultivation. Experts are calling bamboo ‘green gold’ for the farmers as bamboo farming is one of the most profitable crops. The specialty that bamboo crop hold is that it does not get spoiled in any season and hence does not require any special maintenance.
With the rapid push towards reversing climate change, every country is facing its own set of challenges but especially the developing nations.
The COP27 conference emphasized the pressing need to pay attention to climate change and to speed up the shift to a low-carbon economy. India is well-positioned to take the lead in this effort given its ambitious targets of producing 450 GW of renewable energy by 2030 and reaching net zero emissions by 2070. According to Morgan Stanley's most recent predictions, India will have the third-largest economy in ten years, therefore it comes as no surprise that revolutionary advances in clean technology are both urgently needed and attractive to investors.