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India Accelerates Green Initiatives to Achieve Carbon Neutrality by 2070
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, has announced ambitious green initiatives in the construction sector, aligning with Prime Minister Shri Narendra Modi’s vision to make India carbon neutral by 2070. Speaking at a press conference in New Delhi, Shri Gadkari emphasized the government’s commitment to cleanliness and environmental sustainability. As part…
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IFC Report Highlights Blended Finance as Crucial for India’s Net-Zero Goals
In a recently published report, the International Finance Corporation (IFC) underscores the pivotal role of blended finance in facilitating India’s transition towards sustainable energy practices. The report titled “Blended Finance for Climate Investments in India” accentuates blended concessional finance as an innovative financial approach to attract private sector investments into climate mitigation and adaptation projects…
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Pune Plant of Bridgestone India Earns Carbon Neutrality Verification
In a significant environmental milestone, Bridgestone India’s manufacturing facility in Chakan, Pune district, has achieved carbon neutrality for the year 2022. This achievement was confirmed through an audit conducted by LRQA (Lloyd’s Register Quality Assurance) in the months of May and June 2023, in accordance with the international PAS 2060 standard. Bridgestone’s Pune plant, which…
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PETRONAS, Gentari, Amazon, and AWS Join Forces to Advance Sustainability and Decarbonization Initiatives
In a concerted effort to accelerate their sustainability and decarbonization endeavors amid the global energy transition, PETRONAS, Gentari Sdn Bhd (Gentari), Amazon, and Amazon Web Services (AWS) have announced a collaborative partnership. This collaborative endeavor aligns with PETRONAS’ commitment to providing affordable, low-carbon energy solutions while concurrently reducing the emissions footprint of its operations. Leveraging…
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Essar’s Green Energy and Carbon-Free Storage Access Bolsters Low Carbon Commitment
In a groundbreaking collaboration, the multinational conglomerate Essar Group has joined forces with Desert Technologies (DT), a leading solar PV and smart infrastructure holding company. The partnership, marked by the signing of a Memorandum of Understanding (MOU), is set to drive the development of renewable energy solutions for Essar Group’s visionary Green Steel Arabia (GSA)…
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Edelweiss Alternatives Launches Climate Fund to Spearhead India’s Carbon Neutrality Drive
Edelweiss Alternatives is taking a pioneering step in the global fight against climate change by introducing its First Climate Fund. This innovative fund is dedicated to supporting India’s ambitious journey towards a carbon-neutral economy, aligning with the nation’s commitment to mitigate the adverse impacts of climate change. In line with the G-20’s collective pledge to…