Climate Watch

Odisha Sanctions Rs 4.11 Billion for Renewable Energy Projects

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Two major Renewable Energy projects. In a significant move to advance its clean energy agenda, the Odisha government has sanctioned Rs 4.11 billion for two major renewable energy projects. These initiatives, including a large-scale solar power project and a solar module manufacturing facility, are poised to impact the state’s energy landscape and job market substantially. […]

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US Sets ‘Guardrails’ for Carbon Markets

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To ensure the integrity of Carbon Markets The Biden administration has introduced new ‘guardrails’ to ensure the integrity of carbon offset markets, a move of significant importance that aims to dispel distrust and enhance the effectiveness of these schemes. This step represents a significant effort to support controversial carbon markets and reduce planet-warming emissions, marking

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Greentown Labs and Prithvi Ventures Forge a Trailblazing Partnership to Propel Climate tech Startups

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North America’s largest Climate tech incubator Greentown Labs, North America’s largest climatetech incubator, and Prithvi Ventures, an early-stage climatetech investment fund, have announced a first-of-its-kind partnership aimed at accelerating climate impact and bridging the capital gap for climate startups. This collaboration, effective immediately, involves Prithvi Ventures making quarterly donations from its Fund 1 and Fund

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ESMA – Guidelines to boost corporate sustainability reporting.

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ESMA, as the EU’s financial markets regulator and supervisor takes a significant step forward by unveiling guidelines to boost corporate sustainability reporting. The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has released a comprehensive Final Report on the Guidelines on Enforcement of Sustainability Information (GLESI) and a Public Statement

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SBI Introduces Green Rupee Term Deposit Scheme

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The Green Rupee Term Deposit scheme is a unique offering designed to fund environmentally friendly projects. The State Bank of India (SBI) has unveiled a pioneering Green Rupee Term Deposit scheme, a unique offering designed to fund environmentally friendly projects. This groundbreaking initiative is set to revolutionize the green finance landscape in India, bolstering the

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MoRD and CESL Sign Green Mobility MoU to Empower Rural Women

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MoRD and CESL sign an MoU promoting green mobility and economic empowerment. The Ministry of Rural Development (MoRD) signed a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited (EESL), aimed to facilitate the “Sustainable Transport for Rural Entrepreneurs through Electric Bicycles” (STREE) initiative under the Deendayal

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Sweep Leads Global Sustainability Software Rankings

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Sustainability Software Sustainability management software company Sweep has achieved a significant milestone, topping global rankings and surpassing industry giants like Microsoft, IBM, and Sphera. This recognition underscores Sweep’s commitment to helping companies enhance their environmental impact through innovative data management solutions. Addressing the Climate Crisis Founded in 2020, Sweep has rapidly emerged as a critical

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BB India Achieves Water-Positive Status at Half of Its Manufacturing Sites

ABB India Achieves Water-Positive Status at Half of Its Manufacturing Sites

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nnovative Approach to Water-Positive Status ABB India has announced that the Green Rating for Integrated Habitat Assessment (GRIHA) Council has certified its Peenya campus in Bengaluru as water-positive. This means that the campus replenishes more water than it consumes, a significant achievement in the realm of sustainability. Thus, three of ABB India’s six manufacturing locations

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Nexgen Energia Commits Rs 15,000 Crore for Green Energy Expansion in India

Nexgen Energia Commits Rs 15,000 Crore for Green Energy Expansion in India

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Pioneering Green Energy Infrastructure Green energy solutions company Nexgen Energia has announced a groundbreaking investment of Rs 15,000 crore to establish 5,000 green diesel and compressed biogas pumps across India. This innovative initiative aims to accelerate the nation’s transition to sustainable energy sources and significantly reduce its carbon footprint, inspiring hope for a greener future.

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India to Host Inaugural International Solar Festival

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First-ever International Solar Festival in September 2024 in New Delhi. India is set to make history by hosting the first-ever International Solar Festival in September 2024 in New Delhi. This groundbreaking event, organized by the International Solar Alliance, not only marks a significant step in enhancing the renewable energy sector globally but also underscores the

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