Why forests matter in climate finance discussions

COP29, the conference touted as the "finance COP," concluded recently in Baku and has shown promise and oversight in its treatment of nature within the climate agenda. The latest estimate of required financing stands at a staggering $1.3 trillion, a sharp contrast to the mere $300 billion pledged under the New Collective Quantitative Goal (NCQG), which remains contentious among many parties, especially the Global South. Moreover, the need, and therefore the estimates, keep increasing year-on-year with minimal mobilisation towards achieving these goals.

With 45 years to go, how sustainable is India’s road to net-zero?

Every year, climate action draws significant attention in the months leading up to the United Nations’ annual meeting of the Conference of the Parties (COPs). But the outcome of the 2024 U.S. presidential election will likely have a greater impact on the planet’s climate future than COP29 itself, illustrating an important challenge in combating climate change: operationalising global cooperation towards a common cause even when national interests don’t align with it.

Unlocking the potential of Component A of PM-KUSUM

The 2019 Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme aims to enhance energy security for farmers, while promoting the use of renewable energy (RE) in the agriculture sector. Of its three components, Component A focuses on the installation of decentralised grid-connected RE-based power plants, with capacities ranging from 500 kW to 2 MW, by farmers on their land. The component can provide an additional, stable stream of income to farmers through the provision of selling the excess electricity generated to the grid.

Budgeting for net zero: Government support needed to meet India’s clean energy goals

The Government of India has set ambitious goals to ramp up a range of clean technologies by 2030 to increase energy independence, security, and access while promoting industrial development and reducing air pollution and GHG emissions. To deliver on these goals, the government has introduced a suite of financial and non-financial support measures. But will these measures be sufficient to reach the goals in full and on time?

Press Release: Advanced process simulation modelling for hydrogen application in steel and cement: A technical and economic assessment

Industry leaders pioneering the use of hydrogen to decarbonise the steel industry met on Monday in Delhi to discuss its potential and challenges. The event was organised by the Center for Study of Science, Technology and Policy (CSTEP), a science and technology-based think tank, to launch its report Advanced Process Simulation Modelling for Hydrogen Application in Steel and Cement – A Technical and Economic Assessment.

District-Level Climate Risk Assessment for India: Mapping Flood and Drought Risks Using IPCC Framework

Climate change is a reality and a formidable challenge globally and in India. Across the world, there has been a rise in extreme climate events such as floods, droughts, and heatwaves. The severity and frequency of these extreme events are projected to escalate in the coming years (IPCC, 2022). These events not only endanger natural ecosystems but also pose substantial risks to human systems. However, it is crucial to recognise that the distribution of the impact of climate change is not equal across the world.