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The Union Budget 2024-25 Will Steer India Towards a Sustainable Path: TERI Experts

24 Jul 2024
| Krishak Jagat

The Union Budget 2024-25 presented by Finance Minister Ms Nirmala Sitharaman 24 July 2024 included several key initiatives like energy transition pathways, climate finance, improving water resources management, and measures related to irrigation and flood management that will boost India's fight against impacts of climate change, according to experts of The Energy and Resources Institute (TERI). Calling the Union Budget forward-looking, Dr Vibha Dhawan, Director General, TERI said, the

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Union Budget 2024: What are the new initiatives in energy security?

23 Jul 2024
| The Week

There are a few new initiatives in the energy sector in the union budget 2024. Except for the announcement to set up a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets, the budget provisions in the energy sector are strengthening existing schemes. However, experts are of the view that the investments envisaged in renewable energy underscore a move towards a more holistic transition to green energy.  Calling

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Budget will steer India towards sustainable path: Experts

23 Jul 2024
| Lokmat Times

The Union Budget 2024-25 presented by Finance Minister Ms Nirmala Sitharaman on 23 July 2024 included several key initiatives like energy transition pathways, climate finance, improving water resources management, and measures related to irrigation and flood management that will boost India's fight against impacts of climate change, say climate and energy experts. Calling the Union Budget forward-looking, Dr Vibha Dhawan, Director General, TERI, said the Budget is more substantial in terms

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Budget 2024: India to develop a taxonomy for climate finance

23 Jul 2024
| The Times of India

India will develop a taxation mechanism for climate finance that will help the country mobilise resources for carrying out climate action in sync with its commitments under the Paris Agreement. The finance minister Ms Nirmala Sitharaman while presenting the Union Budget for 2024-25 said we will develop a taxonomy for climate finance for enhancing the availability of capital for climate adaptation and mitigation. This will support achievement of the country's climate commitments and green

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VMC launches initiative to address air pollution in Vijayawada

23 Jul 2024
| The Hindu

The Vijayawada Municipal Corporation (VMC), in collaboration with the Andhra Pradesh Pollution Control Board (APPCB), launched an initiative on 23 July 2024 to address air pollution in the city. As part of the initiative, a team will work on identifying and mapping polluted areas across the city over next couple of days, and later, after conducting an analysis of the situation, will recommend control measures to mitigate pollution. During a meeting on Tuesday with representatives from Artha

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Balancing Economic Growth With Environmental Protection: Focus On Sustainable Development And Increasing Green Cover

23 Jul 2024
| Jagran

India wants to progress in an environmentally and ecologically sound manner. We need to address the complexities of the decline in land, water and air quality and focus on sustainable development. For a developed India, attention must be given to various ideas such as promoting clean energy, building resilient infrastructure and communities and ensuring the availability of clean air and water. Dr. Vibha Dhawan, Director General of TERI, says that there is ample evidence that changes can be

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Budget announces new policy for energy transition pathways, climate taxonomy

23 Jul 2024
| Mint

A day after the economic survey for FY25 tabled in the Parliament called for a more balanced approach to climate change and stressed on nearer-term goals for human welfare, Finance Minister Ms Nirmala Sitharaman in her budget speech said that the government will roll out policy document on "appropriate energy transition pathways that balance the imperatives of employment, growth and environmental sustainability".

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Global woes of offshore wind projects will not stall India’s plans: TERI's Shirish Garud

19 Jul 2024
| The Economic Times

Offshore wind energy can generate a lot of power and this segment is on the rise in India. The government is building infrastructure and funding these projects, says Mr Shirish S Garud, Consultant at The Energy and Resources Institute.

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REconnect Summit- '24: Empowering India’s Solar Rooftop Potential

19 Jul 2024
| Energetica India

REconnect Summit-'24 highlighted the benefits of solar rooftops, discussing economic models, financing, and grassroots development. Experts emphasised overcoming challenges to boost solar adoption across India’s urban and rural areas.  Solar rooftop installations have proven to be a boon, not only slashing electricity bills but also fostering environmental sustainability and enhancing energy independence by generating power at the point of use. To further promote solar rooftop technology

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How Electric Cooking Can Help Indian Families Transition To Cleaner Fuels

19 Jul 2024
| IndiaSpend

There are several factors such as consumer perception and levels of awareness that affect the choice of cooking fuel. With changing times and fast-paced lives, there is a preference for fast cooking methods, generally requiring two-pot cooking, and this is where LPG becomes more accepted as it is a proven technology and has been around for decades, says Mr Akif Farooqui, Manager Projects, Social Transformation and CSR Division, TERI.

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Budget 2024 expectations: Power sector decarbonisation hinges on renewables

18 Jul 2024
| The Times of India

Budget 2024 expectations: For India to achieve its net-zero goal, the power sector will have to play a pivotal role as it is a significant contributor to emissions. According to The Energy and Resources Institute (TERI) estimates, power generation accounted for ~45% of the country’s annual CO2 emissions, largely because coal-based generation continued to comprise 74% of overall power generation as of fiscal 2024. That is the reason the government's agenda has been driven by power

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