Blog Posts: climate business

As Indian states gear up to revise their State Action Plans on Climate Change (SAPCCs) and take stock of the progress made so far, a pressing issue that looms ahead is how to mobilize the finance needed for implementing different mitigation and adaptation strategies. According to the Economic Survey of India, India faces a multi-billion-dollar gap of around USD 38 billion when it comes to the implementation of its National Adaptation Plan on Climate Change (NAPCC). With no...

Negotiators from across the globe are currently meeting in Spain at the 25th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). On their agenda is a complicated item – how should countries use carbon markets to meet the global climate challenge?

The 25th annual Conference of Parties (COP 25) to the United Nations Framework Convention on Climate Change (UNFCCC) began on 2nd December. The Paris climate agreement under the UNFCCC has two mechanisms to address the global climate challenge. First, each country must submit a nationally determined contribution (NDC) of the climate actions that it intends to achieve in the medium run. Second, NDCs must be reviewed through a global stock-take and be ...

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,...

This post originally appeared on Climate Home

India’s anticipated commitment to climate action will be nothing short of transformational given challenges on the ground. With the world’s third highest carbon emissions [fourth if the EU is counted as one block] to its name, a strong commitment could make a noticeable difference to prevent the rise of global sea levels, extreme weather events, heat waves and other climate impacts.

However, this global...

Approximately 38 percent of India’s greenhouse gas emissions come from energy generation and about 76 percent of that energy is consumed by industrial and commercial users . According to the Center for Monitoring Indian Economy (CMIE), improved availability of coal and gas will likely lead to a 6.2 percent rise in electricity generation in 2014-15 while thermal power...