India
IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries
The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.
Where Does India Stand in the Energy Transition?
India has one of the largest installed renewable energy capacities globally, but the country's current share of renewable energy does not cover its "fair share" of decarbonisation efforts. However, with its GDP steadily growing, it is perfect timing for India to capitalise on renewables.
Global Economic Recovery after COVID-19 Pandemic – What 2022 Holds for the Energy Market
We sit with experts and stakeholders from all parts of the energy market to discuss what 2021 taught us, how will the global economic recovery continue in 2022 and which will be the decisive factors for the energy market and climate finance in Asia going forward.
India After COP26: Tackling Coal Dependence Head On
India made five major climate pledges at COP26 culminating with a 2070 net-zero target. Unfortunately, there are many hurdles for the country to reach this target - most significantly the country's reliance on coal and inefficient energy grid. Full adoption of renewable energy hinges on government policy to incentive domestic and international investment.
Solar Homes: The ‘Mini Power Stations’ Popping Up Across India
The prospect of solar was first discussed in 1961-66 signifying India’s consciousness for reducing carbon footprint. Since then a total of 60 cities have been selected across the country for solarisation with the primary objective of decreasing the projected demand of conventional energy and motivating local governments to adopt renewable energy technologies and energy efficiency measures.
Oil and Gas in India: What is the Way Forward?
Oil and gas play a major part of India's energy mix. Unfortunately, India remains focused on the sector, and is making substantial investment towards natural gas in the coming decades. This move remains at odds with global emissions targets and puts India at risk of missing the economic benefits of renewable energy development.
COP26: How Lack of Climate Finance Derails Coal Phase-out Agenda
The chaos around the last-minute change in the coal declaration by India, China and South Africa at COP26 has certainly made it harder to reach the 1.5-degree target. At the Glasgow UN climate summit, nations pledged to phase-out coal, reduce methane, end deforestation and support the energy transition, etc. With the USD 100 billion pledge of climate finance still not being fulfilled, small and developing countries called for climate justice. Many nations now plan to revisit their commitment by the end of 2022.
Countries Gearing Toward the Clean Energy Transition
Asia is the main engine behind the clean energy revolution. Developing and developed markets across the continent are now increasingly working towards a sustainable future. While challenges remain, the opportunities are huge. China, India, and the ASEAN countries' success stories are just a small example of what lies ahead.
Energy Transition in Oil and Gas Sector: A Dilemma
Asia will account for an estimated share of 43% of the global energy demand by 2040. Whilst fossil fuel projects are under pressure owing to climate commitments, renewables are not yet fully developed. Will the Asian countries bank upon oil and gas to fulfill the future energy demand?
Why Clean Cooking Is Not Always Climate Friendly
From a climate perspective clean cooking technologies that are currently being pushed are not always climate friendly with a reliance on LPG.
Solar Lamps: Empowering Marginalised Communities in Asia
Solar Lamps also called Soler Lanterns being used in Rural Household
Repercussions of China’s Coal Pledge on Asian Economies
China's historic pledge to stop coal financing abroad will help in lowering global carbon emissions. However, the decision may also risk economic growth in Asian countries like Vietnam and Indonesia. Experts demand stronger commitments from Beijing in order to support the renewable energy transition in the region.
Kusum: India’s Agriculture Solar Pump Scheme Facing Challenges
There are over 20 million grid-connected agriculture water pumps in India consuming over 17% of electricity. The distributed solar pump market scheme solution, PM Kusum Yojana, faces several challenges.
Why Corporate Credit Ratings Agencies Shy Away From Climate Risks: An Interview with Melissa Brown, IEEFA
Despite the ever-increasing climate catastrophes, climate risks are not fully reflected in the main ratings of the top rating agencies. In a Q&A with ETA, Melissa Brown of IEEFA talks about the changing dynamics in the credit-rating market and why rating agencies are buying analytics firms.
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