Climate Watch

Tax Incentives for Skill Development and Green Projects

Tax Incentives for Skill Development and Green Projects

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ICAI Proposes Tax Incentives for Skill Development and Green Projects The Institute of Chartered Accountants of India (ICAI) has put forth a crucial set of recommendations in its Pre-Budget Memorandum 2024, underlining the necessity of tax incentives for entities actively engaged in skill development programs. Acknowledging the contemporary importance of skill enhancement initiatives, ICAI stresses

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Green Ammonia Production Project in India

Green Ammonia Production Project in India

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JERA and ReNew Join Forces for Green Ammonia Production Project in India JERA Co., Inc (JERA), in a groundbreaking collaboration with ReNew E-Fuels Private Limited, a subsidiary of ReNew Energy Global PLC, has jointly signed a landmark agreement to develop a pioneering green ammonia production project. This initiative signifies a significant step towards accelerating the

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Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging

Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging

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Sustainable Cold Cups Starbucks is making a substantial environmental impact by introducing its newly designed single-use cold cups. This initiative is pivotal to Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging. Starbucks is making a substantial environmental impact by introducing its newly designed single-use cold cups. This initiative is a pivotal part of the company’s

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Centre Refines Green Credit Programme Norms

Centre Refines Green Credit Programme Norms

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Norms for the Green Credit Programme  Amid apprehensions regarding the effectiveness of the Green Credit Programme (GCP), the Union Environment Ministry, as the governing body, has introduced modifications to prioritize ecosystem restoration over mere tree planting. The move aims to ensure that the program fosters holistic ecological revival rather than incentivizing afforestation solely for financial

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Apple and Cleanmax Collaborate to Expand Renewable Energy Footprint in India

Apple and Cleanmax Collaborate to Expand Renewable Energy Footprint in India

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Expansion of Renewable Energy Footprint Tech giant Apple and renewable energy firm Cleanmax, united by a shared vision of a sustainable future, have forged a groundbreaking joint venture to deploy solar solutions across India. This strategic partnership, rooted in shared values, underscores a mutual commitment to advancing sustainability initiatives and reducing carbon emissions in the

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EU Considers Integrating Emissions Removal Credits into the Carbon Market

EU Considers Integrating Emissions Removal Credits into the Carbon Market

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Removal Credits into the Carbon Market The European Union is considering including emissions removal credits into its carbon market. This move could reshape the future of carbon trading within the bloc and have far-reaching implications for the global carbon market. As a European Commission official stated, this decision, if implemented, could reintroduce carbon credits into

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Jindal Stainless Limited Collaborates with SBTi to Slash Carbon Emissions

Jindal Stainless Limited Collaborates with SBTi to Slash Carbon Emission

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Ambitious Targets for Carbon Emission Reduction Jindal Stainless Ltd (JSL) has embarked on a monumental journey towards environmental sustainability by forging a transformative partnership with the esteemed Science-Based Targets Initiative (SBTi) based in the UK. This collaboration, a profound testament to JSL’s unwavering commitment to a greener future, is poised to devise strategies and targets

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IFSCA Initiates Committee to Elevate GIFT City as Climate Finance Hub

IFSCA Initiates Committee to Elevate GIFT City as Climate Finance Hub

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Climate Finance Hub The International Financial Services Centres Authority (IFSCA) has embarked on a meaningful journey, aiming to transform Gujarat International Finance Tec-City (GIFT City) into a prominent “climate finance hub.” This strategic initiative establishes a framework for developing and launching climate finance products that align with India’s long-term sustainability goals. This cause is crucial

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