Page 19 - Environment

Vedanta enters into pact with TERI to accelerate its ESG goals

Vedanta on Thursday said it has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem. "Vedanta... on Wednesday signed a Memorandum of Understanding with TERI... to forge a long-term partnership and work in collaboration on creating a sustainable world by leveraging both the organizations' strength in the ESG space," Vedanta said in a statement. With a mission to promote 'Sustainable Use of Resources for a Resilient Planet through Transformative Actions', the memorandum of understanding (MoU) was signed at the World Sustainable Development Summit (WSDS). The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, ...

NDMC finalises annual budget with focus on environment-friendly measures

The North Delhi Municipal Corporation (NDMC) finalised its annual budget in the House, proposing no property tax hike and focussing on environment-friendly measures

World set to mark 50 years of birth of UN environmental movement UNEP

The UN Environment Programme (UNEP), the world's highest-level decision-making body with a universal membership of all 193 nations, is celebrating its 50th anniversary on March 3 and 4.

Decoded: What are sovereign green bonds, and why are they called so?

Both markets and environmentalists have been a thumbs-up to the Budget 2022 proposal to issue Sovereign Green Bonds. What are these bonds, and why are they called green?

Uncertainty over Western Ghats as Kasturirangan Committee draft delayed

Even after a decade of the Gadgil report and Kasturirangan Committee report for the protection of the Western Ghats, implementation of the report is still a far cry from the actual circumstances.

India calls for innovating financing methods for biodiversity conservation

Bhupender Yadav said that tribal and other local communities that are cultivating or engaging in other activities for their livelihood should be exempted from the Biological Diversity Act

Environment Ministry brings out draft EPR notification for waste tyres

The Ministry of Environment, Forests and Climate Change on Wednesday shared the draft notification for regulations for the extended producer responsibility (EPR) for waste tyres

Delhi collected Rs 1,298 cr in green fund; spent only one-fifth in 6 years

The Delhi government has spent only 21 per cent of the Rs 1,298 crore collected as environment compensation charge from diesel-guzzling trucks entering the capital in the last six years

Walmart sued over 'improper' disposal of e-waste, hazardous items

Walmart has been sued by the California Attorney General and 12 state district attorneys, over its alleged improper disposal of electronic and hazardous waste, compromising local landfills

Year In Review: Diluting green norms may derail India's climate goals

In 2021, the govt pushed renewables to meet its updated climate aims, but also came up with plans to clear forests and reduced scrutiny of polluting units that could cause further environmental damage

Best of BS Opinion: US monetary policy, environmental issues, and more

Here are the best of Business Standard's opinion pieces on Monday

Season of despair

It's not rocket science to understand whether the pollution is generated locally, or it comes from neighbouring states, or is a combination of both

What is green hydrogen? Can India make it affordable?

Green hydrogen's enhanced use can help India meet its clean energy goals. But they also come with high costs. What does India need to do here? This report tries to find some answers

Govt sensitive about ecology: Gadkari amid concerns over Chardham project

Union minister Nitin Gadkari on Wednesday termed allegations that road construction triggered landslides in Uttarakhand as 'misinformation' and asserted that the government is sensitive about ecology

Development and environmental protection are equally important: Kerala CM

The proclaimed goal of the Left government is to create a 'nava Kerala' (new Kerala) that is capable of withstanding natural calamities, the Chief Minister told the state Assembly

Lack of seriousness will jeopardise net zero pledges, says India

India, speaking on behalf of the BASIC group, on Monday warned that lack of a serious approach to climate finance will jeopardise the enhanced mitigation and adaptation ambition as well as net zero pledges of parties. India last week said that climate finance cannot continue at the levels decided in 2009 and emphasised that it expects climate finance of USD one trillion "at the earliest" in view of new commitments. Richa Sharma, Lead Negotiator (India) and Additional Secretary, Ministry of Environment, while delivering the BASIC (Brazil, South Africa, India and China) group statement at the joint stock take plenary at the 26th international climate conference here, said that clear timelines and milestones were required to determine the exact magnitude of the new finance goal. "Post 2020 mitigation ambition and net zero pledges require significantly enhanced climate finance. The exact magnitude of the new finance goal can be determined through a structured process, with clear timelin

Climate goals: Can investor activism deliver what govts could not?

The moves by investors and accounting innovations by economists and auditors could make a critical difference on the margin. Call it Plan B; there is no Plan C, writes T N Ninan

Experts hail India's announcement to achieve net zero target by 2070

Aarti Khosla, Director, Climate Trends, said, By announcing a commitment for achieving net zero targets by 2070, India has responded positively to the global call and it was the best climate action.

Best of BS Opinion: A disappointing G20, green issues of tomorrow & more

Here are the top BS Opinion pieces of the day

Climate change may reduce farm incomes by 15% in India, finds study

It finds that on a high-emissions pathway, climate impacts spiral to cause devastating damage across the G20.