Policy Brief
Road to Baku: The New Collective Quantified Goal on Climate Finance
15 Oct 2024
| Dr Shailly Kedia
| Ms Palak Khanna
| Ishita Srivastava
Climate finance plays a crucial role in climate efforts. This paper examines the evolution of the discussions on the New Collective Quantified Goal (NCQG), which will be a key determinant of the success of the 29th Conference of the Parties (COP29). Despite recent progress, current climate finance targets and mechanisms remain inadequate. This paper analyses the positions of various countries and coalitions. Developing countries stress the responsibility of developed countries, emphasizing equity in climate finance.
Internationalizing Sustainable Lifestyles for Climate Justice
27 Sep 2024
| Dr Shailly Kedia
| Madhuparna Maiti
| Shivangi Raj
Mainstream frameworks on sustainable consumption and production fail to holistically capture downstream segments of resource consumption and production systems, especially in relation to lifestyle choices. Building on previous work by TERI, this policy brief seeks to develop composite metrics on consumption for G20 countries and discusses ways to further internationalize sustainable lifestyles.
Sustainable Organic Waste Management : A Playbook for Lucknow, India
23 Sep 2024
| Ms Shweta Gautam
| Ms. Videesha Velijala
In 2020, global municipal solid waste (MSW) generation reached 2.24 billion tonnes, a figure projected to rise to 3.88 billion tonnes by 2050. This increase will be largely driven by the fastest-growing regions, including sub-Saharan Africa, North Africa, South Asia, and the Middle East, where waste levels are expected to double or even triple.
Green Public Procurement for Advancing Sustainable Development in India: Policy Nudges for Promoting Sustainable Consumption and Production
09 Aug 2024
| Dr Shailly Kedia
| Ishita Srivastava
Green Public Procurement (GPP), a sub-component of sustainable public procurement, seeks to achieve environmental sustainability by leveraging the government sector’s purchasing power. GPP can be defined as the deliberate and systematic integration of environmental objectives into the procurement process of goods, services, and works by public agencies. This policy brief employs a case study-based approach to identify strategies for promoting GPP in India.
Accelerating the Growth of Green Bonds in India
08 Feb 2024
| Dr Manish Kumar Shrivastava
| Uday Veer Singh
India's enormous financial requirements to address climate change and ensure just transitioning for its economy cannot be met by the lone public sector and would require catalyzing private finance and institutional investment into climate initiatives. Green bonds offer an emerging financial instrument that holds the potential to attract private investors into climate action. However, unlike the exponential growth of green bonds in the global market, they still occupy only a scanty share of the Indian bonds market.
Advancing Environmental and Climate Goals Through a Multidimensional Model of Green Budgeting
04 Dec 2023
| Dr Shailly Kedia
| Palak Khanna
| Madhuparna Maiti
While environmental regulation is the principal responsibility of environmental ministries, their locus standi in terms of implementation is limited as much of the implementation lies with other line ministries/departments and public agencies. Hence, it is essential that ‘environment’ is mainstreamed across ministries, departments, and sectors.
Internationalizing Lifestyles For Sustainable Development
02 Dec 2023
| Dr Shailly Kedia
| Shivangi Raj
| Madhuparna Maiti
| Palak Khanna
Mainstream frameworks on sustainable consumption and production fail to holistically capture downstream segments of resource consumption and production systems, especially regarding lifestyle choices, including its links to upstream and midstream components.
Discussion paper on Operationalization of the Loss and Damage Fund: Challenges and Opportunities
29 Nov 2023
| Mr R R Rashmi
| Ms Suruchi Bhadwal
| Dr Manish Kumar Shrivastava
| Amlan Mishra
At the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC), the participating states agreed on the broad modalities for the establishment of a historic Loss and Damage Fund. Furthermore, COP27 set up a transnational committee to “make recommendations for consideration and adoption by COP28” for the loss and damage fund, making the particulars and modalities of the fund a key topic for COP28 in December 2023.
Just Energy Transition Partnerships, Climate Action, and Minilateralism
24 Nov 2023
| Dr Shailly Kedia
| Heena Makhija
| Shivangi Raj
Transitioning towards clean energy and renewable sources is a significant measure to restrict Greenhouse Gas emissions and meet the climate goals set out in the Paris Agreement. Upcoming minilateral mechanisms, especially partnerships such as JETPs, despite setting ambitious targets have little to offer on recognizing the specific needs of the Global South to support sustainable energy transitions.
Road to Dubai and the Global Goal on Adaptation
24 Nov 2023
| Dr Shailly Kedia
| Ishita Srivastava
IPCC's definition of adaptation emphasizes on human and natural systems rather than countries. A paradigm shift is needed in the climate regime regarding adaptation including not viewing vulnerability as only a country – centric approach. Instead, identifying vulnerability hotspots supplemented by formulating people-centric and nature-centric approaches in climate negotiations is need of the hour.