Budget 2023: 7 steps to boost innovations to promote environmental sustainability
1 year, 10 months ago

Budget 2023: 7 steps to boost innovations to promote environmental sustainability

Firstpost  

India is one of the few major economies that is poised to grow sustainably and is earnestly looking to implement environmentally sustainable solutions for its growing energy, water, and waste management needs. A coordinated approach among standards-setting agencies like BEE, financial institutions, industries, and the government could speedily address challenges, instead of approaching elements like distribution, generation, and energy efficiency individually. Active government intervention coupled with financial incentives for end consumers to switch to sustainable solutions could prove effective, across sectors like real estate, retail, and heavy industries. Budgetary measures as outlined above would go a long way in meeting India’s objectives of indigenous technologies driving sustained, environmentally sustainable economic growth for all.

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History of this topic

India's path to a greener future
4 weeks ago

India's path to a greener future

Hindustan Times  

India, as one of the fastest-growing economies in the world, has been at the forefront of the global debate on climate change and sustainability. Under this scheme, businesses will be mandated to limit their emissions or purchase carbon credits from more efficient firms, driving significant sectors like power generation, cement, and steel--responsible for a substantial share of India’s emissions--to participate …

Consumption patterns need to change to bolster both economic and ecological growth in India: Minister Bhupendra Yadav
3 months ago

Consumption patterns need to change to bolster both economic and ecological growth in India: Minister Bhupendra Yadav

Live Mint  

Consumption patterns need to change in India so that the economy can grow without disrupting the environment, said union climate change minister Bhupendra Yadav on Tuesday. To change consumption pattern, seven things are required to be done—save food, water and energy; conversion of waste to energy; management of e-waste; healthy lifestyle; and complete ban of single use plastic. “To change …

Earth Overshoot Day to focus on sustainable life
4 months, 3 weeks ago

Earth Overshoot Day to focus on sustainable life

Deccan Chronicle  

India, with over 1.4 billion people, faces significant challenges due to population growth and increased consumption. The Global Footprint Network reports that India’s ecological footprint has grown exponentially. “Currently, India needs 2.6 times its resources to sustain its population, leading to depleted forests, reduced biodiversity, and climate change. A NITI Aayog report warns that by 2030, India’s water demand could …

Budget 2024: Fostering sustainable development and economic opportunities
5 months ago

Budget 2024: Fostering sustainable development and economic opportunities

The Hindu  

The Union Budget for 2024-25, in my view, has certainly drawn up a detailed roadmap and laid foundations for ‘Amrit Kaal‘ to pursue the goal of a ‘Viksit Bharat’. The Budget envisages sustained efforts on the nine priorities for generating ample opportunities for all covering improvement in productivity in agriculture, employment, skilling, manufacturing & services, urban development and infrastructure and …

Budget 2024: A blueprint for sustainable growth and employment
5 months ago

Budget 2024: A blueprint for sustainable growth and employment

The Hindu  

I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. The support for the manufacturing sector, a package for employment generation, and the skilling and upskilling for 4.1 crore youth across sectors, are some of the key highlights of this budget. This, coupled with …

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy
5 months ago

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy

Firstpost  

The Budget 2024-25 makes way for private sector’s participation in the research and development of small modular nuclear reactors to boost India’s nuclear energy capacity Union Finance Minister Nirmala Sitharaman made announcements related to nuclear energy production and private sector's role in it in the Budget 2024 As the fastest-growing major economy that Prime Minister Narendra Modi has set 2047 …

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India
5 months ago

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India

The Hindu  

India's path to sustainable development is fraught with challenges, as the country grapples with the twin imperatives of meeting burgeoning energy demands and reducing carbon emissions, the Economic Survey 2023-24 revealed on July 22. Tabled in the Parliament, the Survey underscores the complexities of India's green transition, emphasizing the need for a diversified energy portfolio to achieve ambitious growth targets …

Rethinking global clean energy transition: Empowering grassroots for a sustainable future
8 months, 3 weeks ago

Rethinking global clean energy transition: Empowering grassroots for a sustainable future

Firstpost  

Reimagining the global clean energy transition is not just desirable but imperative in confronting the urgent challenge of climate change. It is through our combined efforts and innovation that we can overcome the challenges ahead and build a world powered by clean and renewable energy Embracing decentralised systems, empowering grassroots communities and women, and reimagining finance are pivotal steps towards …

Rethinking Global Clean Energy Transition: Empowering Grassroots for A Sustainable Future - News18
8 months, 3 weeks ago

Rethinking Global Clean Energy Transition: Empowering Grassroots for A Sustainable Future - News18

News 18  

As the urgency of addressing climate change grows, it is increasingly apparent that we are not headed in the right direction. Need to Empower Grassroots and Women If 47% of the global population live below the poverty line of $6.85 per day, and nearly half of this demographic being females, it is clear that achieving Net Zero without an inclusive …

States in focus, a budget that seeks to lift all boats
10 months, 3 weeks ago

States in focus, a budget that seeks to lift all boats

Hindustan Times  

NITI Aayog’s discussion paper, “Multidimensional Poverty in India since 2005-06”, shows that nearly 250 million Indians moved out of multidimensional poverty between 2013-14 and 2022-23. Interim Budget 2024-25, through its focus on the upliftment of garib, mahila, yuva and annadata, seeks to ensure that the tangible development gains of the last decade are sustained and further accelerated. This signals India’s …

What do women farmers need in this budget?
11 months ago

What do women farmers need in this budget?

Hindustan Times  

In the vast landscape of Indian agriculture, women play a pivotal role, constituting around 43% of agricultural labourers globally and a staggering 84% in rural India. Initiatives like the Mahila Kisan Sashaktikaran Pariyojana under the National Rural Livelihood Mission have been instrumental in acknowledging and enhancing the visibility of women farmers. As the 2024-25 budget takes shape, it must reflect …

What’s the next course?: Mridula Ramesh on the future of sustainable food
1 year, 2 months ago

What’s the next course?: Mridula Ramesh on the future of sustainable food

Hindustan Times  

What exactly is sustainable eating? Yet all of India’s coal plants — together — emit a sliver of global food waste emissions. India’s food waste alone, depending on which data set one considers, emits far more greenhouse gases than all the coal plants in South India put together. We waste food because we can afford to, underscoring again that India’s …

World not on track to achieve most SDGs by 2030
1 year, 2 months ago

World not on track to achieve most SDGs by 2030

The Hindu  

Lamenting the lack of progress on various Sustainable Development Goals, including biodiversity protection and greenhouse gas emissions, world leaders at the SDG Summit in New York on September 18 and 19, 2023, once again reaffirmed their shared commitment to eradicate poverty and end hunger. They also recognised that the world was on track to meet only 15% of its 169 …

Cleantech, for an inclusive green future in India
1 year, 3 months ago

Cleantech, for an inclusive green future in India

The Hindu  

In his address to the nation on Independence Day this year, Prime Minister Narendra Modi talked about India showing the world how to combat climate change. Initiatives in the hinterlands In recent years, different initiatives have taken the green economy approach to the hinterlands of India by enabling access to cleantech solutions for livelihoods among the rural population. For instance, …

India Today Roundtable discusses India's efforts to reduce carbon footprint
1 year, 5 months ago

India Today Roundtable discusses India's efforts to reduce carbon footprint

India Today  

The India Today Roundtable discussed India's efforts to reduce its carbon footprint and meet its commitments to cut carbon emissions by 2030. They highlighted that while India's per capita emissions are low, the country is the third largest emitter of carbon dioxide after China and the US. India has made several major commitments to address this issue, including increasing renewable …

A look at nature-based climate solution
1 year, 7 months ago

A look at nature-based climate solution

Hindustan Times  

Most nations in global south are experiencing higher rates of climate warming exposing vast swathes of human population to the attendant risks and hazards. Despite promises and proclamations at China’s 20th Party Congress in October 2022, and submission before the United Nations Framework Convention on Climate Change in November 2021 ahead of COP26 reassuring the world to achieve carbon neutrality …

Clean-tech as the next big thing in rural India
1 year, 9 months ago

Clean-tech as the next big thing in rural India

The Hindu  

What do Meera Jatt, a dairy company director from the Dooni Tonk area in Rajasthan, Pooja Verma, who organised and trained hundreds of women in silk reeling, and Lalita Devi, who leads a farmer producer company with a ₹6 crore annual turnover in Fatehpur, Uttar Pradesh have in common? A recent Council on Energy, Environment and Water study has shown …

Union Budget 2023-24 puts India on the path to food and energy security
1 year, 10 months ago

Union Budget 2023-24 puts India on the path to food and energy security

Firstpost  

By extending Centre’s 50-year low-cost capital support by another year, states can clean up their balance sheet for future financing As G20 President, India has set the tone by committing leadership to transition to the green economy. Green hydrogen will become a trillion Dollar Industry in India by 2030, therefore delivering energy security and making India the new prosperous Middle-East …

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy
1 year, 10 months ago

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy

The Hindu  

The 2023-2024 Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2023, depicts the Union government’s long-term vision of a technology-driven, knowledge-based economy that banks on citizen engagement, youth empowerment, employment generation, and creating a robust macroeconomic environment. This in turn calls for clear directives and frameworks to consciously embed ‘justice’ elements in financing India’s energy transition. They …

Budget and green growth: significant focus on government investment
1 year, 10 months ago

Budget and green growth: significant focus on government investment

The Hindu  

Arindam Guha As part of its 2022 Nationally Determined Contribution goals, India has committed to a number of ambitious objectives such as reducing GDP emissions intensity by 45% from 2005 levels by 2030, increasing its renewables capacity to 500 GW by 2030 and achieving net zero status by 2070. Some of the key initiatives for achieving these goals are around …

Budget 2023-24 puts India on the path to food and energy security
1 year, 10 months ago

Budget 2023-24 puts India on the path to food and energy security

Firstpost  

By extending Centre’s 50-year low-cost capital support by another year, states can clean up their balance sheet for future financing As G20 President, India has set the tone by committing leadership to transition to the green economy. Green hydrogen will become a trillion Dollar Industry in India by 2030, therefore delivering energy security and making India the new prosperous Middle-East …

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment
1 year, 10 months ago

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment

The Hindu  

Finance Minister Nirmala Sitharaman’s latest Budget is noteworthy for the emphasis she has laid on the government’s commitment to move towards net-zero carbon emission by 2070. As an article presented at the World Economic Forum’s Annual Meeting in Davos last month notes, India holds the key to hitting global climate change targets given its sizeable and growing energy needs. Energy …

Climate-proofing India’s socio-economic trajectory
1 year, 10 months ago

Climate-proofing India’s socio-economic trajectory

Live Mint  

With existing socio-economic challenges, India needs a people-first development paradigm to move towards a climate-secure future, and become a leading voice on climate action for the Global South. With programmes around green fuel, climate-friendly farming, green buildings, low-carbon mobility, and policies for efficient energy use across various economic sectors, the 2023-24 Budget lays a strong foundation for green growth – …

India’s finance minister announces new clean energy funds
1 year, 10 months ago

India’s finance minister announces new clean energy funds

Associated Press  

BENGALURU, India — Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government’s annual federal budget speech on Wednesday, saying “green growth” is a top priority for the country. The new funds form part of the government’s $550 billion budget aimed at ramping up spending to spur economic growth and create jobs ahead of the general …

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget
1 year, 10 months ago

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget

News 18  

As the race to Net Zero gathers pace, India on Wednesday announced that it has set aside priority capital investment of Rs 35,000 crore towards energy transition as well as energy security. Reiterating the government’s commitment to climate action, Finance Minister Nirmala Sitharaman listed ‘Green Growth’ as one of the seven big priorities along with infrastructure and investment, financial sector, …

Budget 2023 | What are the Centre’s initiatives for ‘Green Growth’ and energy transition?
1 year, 10 months ago

Budget 2023 | What are the Centre’s initiatives for ‘Green Growth’ and energy transition?

The Hindu  

In the bid to reduce the carbon intensity of the Indian economy, meet clean energy targets, and provide large-scale green job opportunities, Finance Minister Nirmala Sitharaman announced a slew of measures for “Green Growth” while presenting the Union Budget on Wednesday, including initiatives related to green fuel, green farming, green mobility, green buildings, and green equipment. The Minister listed “Green …

Budget 2023 | India has made significant progress in many SDGs: Finance Minister
1 year, 10 months ago

Budget 2023 | India has made significant progress in many SDGs: Finance Minister

The Hindu  

India has made significant progress in many Sustainable Development Goals and the per capita income has increased to ₹1.97 lahks, Finance Minister Nirmala Sitharaman said on February 1. According to the Center for Science and Environment’s 'State of India’s Environment Report 2022', the country's overall SDG score was 66 out of 100. The 2030 Agenda for Sustainable Development, with its …

Economic Survey 2022-23 | India needs global finance to achieve climate goals
1 year, 10 months ago

Economic Survey 2022-23 | India needs global finance to achieve climate goals

The Hindu  

For India to meet its international “obligations” on curtailing greenhouse gas emissions, it must have access to “on-time” climate finance, technology, and access to critical minerals. Advanced economies ought to set examples of policy and “behavioural changes” that work in their countries and only then could they be emulated in developing countries, the Economic Survey said on Tuesday in a …

Budget 2023: Agricultural sector anticipates incentives for innovative technologies
1 year, 10 months ago

Budget 2023: Agricultural sector anticipates incentives for innovative technologies

India TV News  

Budget 2023: As millions of Indians rely on agriculture for their primary source of income, the sector has always been a major focus of the union budget, particularly in recent years. The industry anticipates that the government in Union Budget 2023 will support interventions that will enable farmers to sustainably increase their incomes this year as well. In addition, the …

Budget 2023 likely to invest in sustainable agriculture, R&D to improve farmers' livelihoods
1 year, 10 months ago

Budget 2023 likely to invest in sustainable agriculture, R&D to improve farmers' livelihoods

India TV News  

Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. BUDGET 2023: FULL COVERAGE These schemes include Pradhan Mantri Kisan Samman Nidhi and the Pradhan Mantri Fasal Bima Yojana. …

5 Simple Ways To Fight Climate Change In 2023
1 year, 11 months ago

5 Simple Ways To Fight Climate Change In 2023

News 18  

It is evident that teenage activists like Greta Thunberg have had a significant impact on the discussion of climate change. Consume and waste less Heedless consumption generates enormous waste and as per CNN’s December 2022 report, India has more than 3,100 landfills, with the biggest standing at 65 metre.These landfills let out methane gas, a more potent greenhouse gas than …

5 questions over India's emission plan at COP27
2 years, 1 month ago

5 questions over India's emission plan at COP27

Live Mint  

The strategy focuses on low-carbon electricity and transport systems, low-emission industrial systems, carbon mitigation technologies, energy-efficient urban infrastructure, enhanced forest cover, and the economic and financial aspects of low-carbon development. India is a signatory to the Paris Agreement, under which countries must formulate and communicate long-term low greenhouse gas emission development strategies, taking into account their common but differentiated responsibilities …

Rich nations must take lead, says India on raising ambition at COP27
2 years, 1 month ago

Rich nations must take lead, says India on raising ambition at COP27

Firstpost  

A key theme at COP27 is a call for rich nations, responsible for a large share of historical emissions and global warming, to deliver technology and finance to help developing and poor countries fight climate change New Delhi: India on Monday firmly resisted calls for developing countries to raise ambitions at the ongoing UN climate summit in Egypt, saying “goalposts …

India showing intent to solve problems despite not traditionally contributing to emissions, says Environment Minister
2 years, 3 months ago

India showing intent to solve problems despite not traditionally contributing to emissions, says Environment Minister

Firstpost  

Union Environment Minister Bhupender Yadav said India is totally committed to driving its low-carbon industry transitions through a multi-pronged approach that cuts across sectors and issues New Delhi: Union Environment Minister Bhupender Yadav on Wednesday said India is showing intent as a problem solver despite not being a traditional contributor to global emissions. Addressing the opening ceremony of the G20 …

Agenda 2030: A bumpy road ahead?
2 years, 4 months ago

Agenda 2030: A bumpy road ahead?

Hindustan Times  

With more than half the 193 UN member-States lacking clear datasets in terms of geographical coverage, timeliness and level of disaggregation, SDG monitoring will have to be improved across regions, sectors and groups of people. Even the 2022 Financing for Sustainable Development Report documented the rising rates of indebtedness in over 60% least developed countries, highlighting the need to reduce …

A squeeze on climate goals
2 years, 6 months ago

A squeeze on climate goals

Hindustan Times  

At the United Nations climate summit in Glasgow in November 2021, member countries reaffirmed the Paris Agreement’s goal of limiting the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit it to 1.5 °C. This, says an International Energy Agency report, could impact the profitability of the renewable energy industry and …

Why Indian states and cities need climate action
2 years, 7 months ago

Why Indian states and cities need climate action

Live Mint  

Coastal cities around the world, including Mumbai, face the risk of being inundated by 2050, according to a recent Intergovernmental Panel on Climate Change report. On the sidelines of ‘Climate Crisis 2.0: Mobilizing Finance for Coastal Cities’, a conclave organised by the think tank Mumbai First this week in the financial capital, Lounge spoke to Atul Bagai, India head, United …

Forces of Nature: These Top Innovative Groups Are Helping Save India's Forest Lands
2 years, 8 months ago

Forces of Nature: These Top Innovative Groups Are Helping Save India's Forest Lands

News 18  

Despite India’s high population density, the subcontinent is home to at least 7-8% of all documented species, and maintaining the balance between nature and human activities is the core of sustainability. However, an initiative called the “Trillion Trees: India Challenge” was announced in September 2021 by 1t.org and digital crowd-engagement platform UpLink to appeal for new solutions for forest conservation …

Empowering India’s women farmers: Bridge the gap
2 years, 9 months ago

Empowering India’s women farmers: Bridge the gap

Hindustan Times  

Agriculture, one of the largest contributors to India’s Gross Domestic Product and a driving force for country’s economic development, relies heavily on women employing the largest number of women in India. Research has consistently shown that inequity in access to resources impacts both the economic well-being of women farmers as well as overall agricultural output of the country. There has …

Budget 2022: To realise 'green goal', government must invest in technology
2 years, 10 months ago

Budget 2022: To realise 'green goal', government must invest in technology

Firstpost  

Union Budget 2022-23: The government needs to fuel charge infrastructure by allocating a higher outlay as well as incentivising investments in EV technology The Budget 2022 comes at a very crucial juncture as the Indian economy is gradually recovering from the impact of the COVID-19 pandemic and gathering momentum amidst the looming uncertainty, volatile environment, caused by various disruptions, high …

Budget 2022: Ten-point agenda to set right process rolling to arrest climate change
2 years, 10 months ago

Budget 2022: Ten-point agenda to set right process rolling to arrest climate change

Firstpost  

Union Budget 2022-23: To go net-zero by 2070, environment, energy, water needs to become the mainstay of every Budget That climate change is for real is no longer a question. Make it mandatory for new construction to use green materials Make it mandatory for new construction to use green materials, thermal energy storage technologies for heating and cooling to reduce …

Climate finance isn’t charity, says Indian minister at COP26
3 years, 1 month ago

Climate finance isn’t charity, says Indian minister at COP26

Associated Press  

GLASGOW, Scotland — India’s environment and climate minister says rich countries have “an obligation, responsibility, duty and a vow” to provide climate finance to developing nations and should deliver on an unfulfilled promise to raise $100 billion a year. A draft deal under negotiation noted “with regret” that rich nations had failed to meet their promise to provide $100 billion …

Developed Nations Must Finance Green Projects in Low-Income Countries: PM Modi
3 years, 1 month ago

Developed Nations Must Finance Green Projects in Low-Income Countries: PM Modi

The Quint  

Putting pressure on developing countries without providing them adequate financial assistance is an injustice itself, he added. More than a decade ago, at the Copenhagen Summit, it was agreed upon that by the year 2020, developed countries shall provide $100 billion dollars of aid to developing and underdeveloped countries to assist their climate projects. On the issue of climate finance, …

World Nature Conservation Day: How Corporate India is Learning to Become Eco-conscious
3 years, 4 months ago

World Nature Conservation Day: How Corporate India is Learning to Become Eco-conscious

News 18  

Environment versus development is a long-standing argument that has acquired a lot of attention in recent years. While individual activities are important in bridging the rising gap between humans and the environment, huge enterprises and start-ups must also contribute to environmental protection. Grow-Trees.com, for instance, is one such organization that has helped several individuals and businesses in contributing to environmental …

India considers to go net-zero emissions by 2050. Can it achieve the target?
3 years, 9 months ago

India considers to go net-zero emissions by 2050. Can it achieve the target?

Live Mint  

Top Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Committing to a legally binding net-zero target would help India attract some of the trillions of dollars in investment that’ll be required for a green transformation, lawmaker Jayant Sinha, a member of Prime Minister Narendra Modi’s Bharatiya Janata Party and an advocate …

Six charts show hard it is for India to hit net zero by 2050
3 years, 9 months ago

Six charts show hard it is for India to hit net zero by 2050

Live Mint  

Top Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Committing to a legally binding net-zero target would help India attract some of the trillions of dollars in investment that’ll be required for a green transformation, lawmaker Jayant Sinha, a member of Prime Minister Narendra Modi’s Bharatiya Janata Party and an advocate …

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