ClimAct is a $1.5 million accelerator program for businesses in the climate tech sector that was recently formed by early-stage venture capital (VC) firm Merak Venture and Huddle, an accelerator-led fund. According to a statement from the company, ClimAct’s fund partners include Accel, Matrix Partners, Sequoia Capital, Aavishkar Capital, Lok Capital, Nexus Venture Partners, and […]
ClimAct to boost climate tech startups! Read More »
The Indian government has introduced aggressive policies that are capital-attractive for the whole value chain of #renewableenergy. For instance, the Indian government detailed its intentions to invest an additional $2.6 billion to increase domestic production of solar modules to reduce imports from China in its annual budget for 2022/2023. India pledged in August to reduce
The Titans turn India green. Read More »
EnKing International (EKI) will spend up to Rs 200 crore of its Rs 1000 crore #ClimateImpact Fund, the 1st of its kind in India, to support GHG Mitigation initiatives domestically and abroad. To achieve its goals of improving lives while also helping the environment, the fund will concentrate specifically on high-impact community development projects like
EKI to boost its spend on saving the environment Read More »
The State government has established three crucial missions: the Tamil Nadu Green Mission, the Tamil Nadu Climate Change Mission, and the Tamil Nadu Wetlands Mission. These missions are leading innovative climate change activities. The Chief Minister of Tamil Nadu, M.K. Stalin, will preside over the newly created Tamil Nadu Governing Council on Climate Change and
Tamil Nadu State sets up climate change governing council Read More »
India, a strong proponent of net zero commitment, witnessed the launch of a movement to get climate-friendly people worldwide onto one stage. At the Gujarat Statue of Unity, Prime Minister Narendra Modi recently unveiled ” Mission LiFE” (Lifestyle for Environment), a new project for sustainable and healthy lifestyles, in the presence of U.N. Secretary-General Antonio
India launches Mission LIFE, a global climate action project Read More »
A market for #carboncredits is being created in India by green energy providers like Adani Greens, a subsidiary of billionaire Gautam Adani’s Adani Group, and carbon offsetters like EKI Energy Services to advance the country’s energy transformation objectives. India, one of the top emitters of greenhouse gases worldwide, wants to achieve net-zero emissions by 2070.
India’s green energy firms join hands to develop the carbon-credit market. Read More »
The Indian government aims to assemble a team of certified environmental auditors overseeing clearance compliance under a #greenaudit program. The ministry may link it to the ESG- environmental, social, and governance perspective for simple, widespread acceptance. The systematic identification, quantification, recording, reporting, and analysis of environmental diversity’s constituent parts is known as a ” green
Now on the anvil: Green auditors Read More »
The village of Modhera, famous for a centuries-old Sun temple constructed during the Chalukya regime, became the center of attention when Prime Minister Narendra Modi proclaimed Modhera village is the nation’s first 24X7 # solar-powered village. The town includes a ground-mounted solar power plant. Over 1,300 homes have 1kW rooftop solar power systems installed to
India gets its first solar-powered village Read More »
Green bonds are fixed-income securities used to finance environmental and climate change initiatives. A framework for issuing sovereign green bonds following international norms is being developed by the Reserve Bank of India (RBI) and the Indian government. The Climate Bonds Initiative (CBI), the International Capital Market Association (ICMA), the European Union, and the Chinese government
RBI Pursuing Green Bond securities Read More »
Carbon credits are a type of permission that, if not fully utilized, permits a nation or entity to emit a set quantity of carbon dioxide that can be sold. Now competing internationally to obtain #carboncredits for its municipal transportation is the venerable BEST Undertaking. The more than a century-old public transportation corporation, which completed 75
BEST initiative of earning carbon credits Read More »