Decarbonizing industries in India: A holistic approach for industry transition
The objective of the project is to accelerate transition of Indian industry sector to a low carbon pathway by an integrated approach which focuses on decarbonizing the energy intensive industries (steel, cement) including associated value chains.
To achieve the transition to a low-carbon pathway for Indian industry sector, a combination of technologies and policy instruments will be needed. These range from large-scale deployment of currently commercial technologies and practices like energy efficiency, renewables, and circular economy solutions, in the short term, to deep decarbonization solutions, accelerating R&D and innovation in the long term.
The project has three-pronged strategy with a focus on the following:
Accelerating the adoption low carbon technologies and practices, resource efficiency and circularity
Strengthening collaboration with government, corporates, and financial institutions; and
Facilitate knowledge sharing and promoting networks through dialogues and meetings, both at the national and international levels.