Author name: Climatora News Desk

Carbon Credits

Carbon Credits : Key Benefits of the India-Japan Partnership

Joint Crediting Mechanism Strengthens India-Japan Carbon Credits Cooperation India and Japan are set to formalize a strategic partnership in carbon trading through a Joint Crediting Mechanism (JCM). This initiative, which involves the allocation of carbon credits, is designed to enhance bilateral cooperation in emission reduction efforts. According to a Cabinet note reviewed by the business […]

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Green Finance to Boost GCC Economy by $2 Trillion

Green Finance Accelerating Economic Diversification The Gulf Cooperation Council (GCC) countries are on the brink of a significant economic transformation, potentially unlocking $2 trillion in GDP contribution and generating over one million jobs by 2030 through green finance initiatives. This ambitious goal, highlighted in a recent report by Strategy&, emphasizes the necessity for GCC governments

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Mitti Labs Set To Revolutionize Rice Farming in India

Mitti Labs Set To Revolutionize Rice Farming in India

Mitti Labs aims to transform rice farming in India By reducing its harmful environmental impact. Co-founded by Harvard Business School graduates Xavier Laguarta and Devdut Dalal, the startup focuses on minimizing methane emissions and water wastage through advanced technology solutions. The firm recently raised $3 million in equity investment to support these efforts, aiming to

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Geoclean Leads Sustainable Waste Management Revolution

Geoclean Leads Sustainable Waste Management Revolution

New standards in sustainable Waste Management Ambuja Cements and ACC’s waste management arm, Geoclean, is setting new standards in sustainable waste management through innovative co-processing technology. This approach ensures complete recycling and recovery of resources inherent in waste, leaving zero residue for landfills and significantly reducing environmental impact. With seven pre-processing and 12 co-processing facilities

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Odisha Sanctions Rs 4.11 Billion for Renewable Energy Projects

Two major Renewable Energy projects. In a significant move to advance its clean energy agenda, the Odisha government has sanctioned Rs 4.11 billion for two major renewable energy projects. These initiatives, including a large-scale solar power project and a solar module manufacturing facility, are poised to impact the state’s energy landscape and job market substantially.

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US Sets ‘Guardrails’ for Carbon Markets

To ensure the integrity of Carbon Markets The Biden administration has introduced new ‘guardrails’ to ensure the integrity of carbon offset markets, a move of significant importance that aims to dispel distrust and enhance the effectiveness of these schemes. This step represents a significant effort to support controversial carbon markets and reduce planet-warming emissions, marking

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Greentown Labs and Prithvi Ventures Forge a Trailblazing Partnership to Propel Climate tech Startups

North America’s largest Climate tech incubator Greentown Labs, North America’s largest climatetech incubator, and Prithvi Ventures, an early-stage climatetech investment fund, have announced a first-of-its-kind partnership aimed at accelerating climate impact and bridging the capital gap for climate startups. This collaboration, effective immediately, involves Prithvi Ventures making quarterly donations from its Fund 1 and Fund

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ESMA – Guidelines to boost corporate sustainability reporting.

ESMA, as the EU’s financial markets regulator and supervisor takes a significant step forward by unveiling guidelines to boost corporate sustainability reporting. The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has released a comprehensive Final Report on the Guidelines on Enforcement of Sustainability Information (GLESI) and a Public Statement

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SBI Introduces Green Rupee Term Deposit Scheme

The Green Rupee Term Deposit scheme is a unique offering designed to fund environmentally friendly projects. The State Bank of India (SBI) has unveiled a pioneering Green Rupee Term Deposit scheme, a unique offering designed to fund environmentally friendly projects. This groundbreaking initiative is set to revolutionize the green finance landscape in India, bolstering the

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