Blog Posts: low carbon

India has been under a complete lockdown since March 24 to arrest the spread of the COVID-19 pandemic. Six weeks into this unprecedented lockdown, there have been 49,501 recorded cases of COVID-19 and 1,697 deaths (as of May 6). This crisis, apart from being a human tragedy, is also expected to hit the economy hard.

A closer look into the current scenario, however, reveals that we are facing three converging crises: the on-going COVID-19 pandemic, its immediate impact on the economy and the ever-present threat from climate change. What remains to be seen is how the pandemic and its...

This blog post originally appeared on ET Energyworld.

In Davos, Switzerland last month, the World Economic Forum recognized climate change as among the top existential risks facing businesses over the next decade. Businesses have already taken note as more than 1,300 companies that together generate $7 trillion in revenue have adopted or are planning to adopt a market solution to the climate problem.

One of them is a leading Indian textile manufacturer. Its...

In recent times, discussions around internal carbon pricing have been intensifying. Carbon pricing shifts costs away from society to the polluter, and provides incentives to reduce emissions. More than 430 companies globally have implemented internal carbon pricing – evidence that corporates are recognising that this benefits more than just climate.

While most policies follow the ‘polluters pay’ principle,...