To date, about 100 Indian companies have committed to the Science-Based Target Setting Initiative (SBTi), he said. More than 30 Indian companies have also made commitments to SBTi to achieve net-zero emissions by 2050 or sooner. SBTi is a collaborative initiative involving CDP, the United Nati...
Energy is at the heart of development and India has high aspirations as it strives to create a better life for its population of almost 1.4 billion people. But how can India accomplish this and make progress towards reaching a net-zero emissions economy by 2050 in support of br...
India needs to invest $12.7 trillion in its energy system, which is over three times its GDP, to achieve net-zero emissions by mid-century and help prevent catastrophic global warming, according to BloombergNEF. To reach this goal ahead of its official target of 2070, India needs to clean ...
Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero ope...
Scientists say the world needs to halve global emissions by 2030 and reach net zero by 2050 to avoid the worst impacts ofclimate change. In his speech, Modi also called for a global push to adopt sustainable lifestyles. “Instead of mindless and destructive consumption we need mindful and deli...
By 2050, industrial sectors will need to be abating more than 7 billion tons of CO2 per year to reach net-zero emissions; building clean capacity needs to
New Delhi /PRNewswire/ - ReNew Power ("ReNew" or "the Company"), India's leading renewable energy company, today announced its commitment to achieving net-zero greenhouse gas emissions by 2050. With this commitment, ReNew Power aims to help address the global climate crisis and lead th...
Even if the world were to follow the “Net Zero Emissions by 2050” scenario outlined by the International Energy Agency – which assumes no new oil and gas exploration licenses are approved – there could still be $10.3 trillion deployed on fossil-fuel supply and infrastructure by mid-century...
Mumbai, India and Marietta, GA /PRNewswire/ - Birla Carbon, one of the leading manufacturers of carbon black globally, has announced its intent to bring down its net carbon emissions to zero by 2050. The announcement is seen as a natural progression in Birla Carbon's leadership in the ar...
to achieve net zero emissions by 2050, 24 countries including Bolivia, India, Egypt, and Vietnam released a joint statement in opposition. Theysaidthe goal, which asks developed, developing, and emerging economies to meet the same net zero target, was “...