In Short : Bank of Baroda has launched its ESG policy, pledging to achieve net-zero emissions by 2057. Key goals include a 75% cut in Scope 1 and 2 emissions by 2034 and ESG risk assessments for large loans by 2027. The bank is also promoting green finance products and tree planting initiatives to support […]
Union Environment Minister Sh. Bhupender Yadav Addresses Plenary Session on India’s Pathway to Net-Zero Emissions in Re-Invest Summit 2024 – EQ
In Short : Union Environment Minister Bhupender Yadav addressed the plenary session at the Re-Invest Summit 2024, focusing on India’s pathway to achieving net-zero emissions. He highlighted the nation’s commitment to renewable energy, sustainable development, and climate action. Yadav emphasized India’s efforts in green technology, policy frameworks, and global collaboration to meet its net-zero target […]
Developing Economies Will Need $1 Trillion In Renewable Energy Sector To Achieve Net-Zero Target: IMF – EQ Mag Pro
Observing that emerging markets and developing economies account for two-thirds of global greenhouse gas emissions and many are highly vulnerable to climate hazards, the International Monetary Fund said these developing economies would need significant climate financing in the coming years to reduce their emissions and to adapt to the physical effects of climate change. The […]
Focus on achieving the net-zero target for 2070, PM Modi says to states – EQ Mag Pro
Prime Minister Narendra Modi on Friday said that the focus of the country is on green growth and green jobs. Addressing a conference of state environment ministers in Gujarat, he underlined the significance of achieving the net-zero target for the year 2070. He highlighted the role of the environment ministries of the states in achieving […]
India’s net zero target not good enough but country more ambitious than ever: Aus tech bizman – EQ Mag Pro
New Delhi : India’s target to achieve net zero carbon emissions by 2070 is not ambitious enough, but the reduction in technology costs and risks can be seen as an encouragement for several economies, tech billionaire Mike Cannon-Brookes said on Tuesday. Brookes, the co-founder and co-CEO of Atlassian, a collaboration software company, made the comments […]
Climate pioneers cooperate to produce solar fuels – EQ Mag Pro
Climate tech companies Synhelion and INERATEC have joined forces to decarbonize the transportation sector and help it achieve its ambitious net-zero target. By combining their complementing technologies, the climate pioneers can scale their respective clean technologies, paving the way for solar fuels to replace fossil fuels. While electrification is a viable option for many sectors, […]
Abu Dhabi Plans Solar, Water Plants in Drive for Net-Zero Target – EQ Mag Pro
Abu Dhabi, the oil-rich capital of the United Arab Emirates, plans to increase solar power generation by two-thirds this decade and build more efficient water desalination plants to help the country meet its goal for net-zero carbon emissions. The projects are part of a government drive to lower industrial emissions and help reach that goal […]
India needs about $10 trillion to meet net zero target, says study – EQ Mag Pro
To meet its goals of net zero, or being able to effectively eliminate carbon dioxide emissions by 2070, India will need close to $10 trillion (₹700 lakh crore), according to an analysis by climate and energy research firm, CEEW Centre for Energy Finance (CEEW-CEF). CEEW is the Council for Energy, Environment and Water Research, a […]