Author name: Climatora News Desk

EKI Energy Hits $1 Billion Valuation making it the most significant Carbon Managament firm

EKI Energy Hits a $1 Billion Valuation, making it the most significant Carbon management firm

EKI Energy becomes India’s most significant Carbon Management firm EKI Energy Services Ltd (EKIESL), also known as EnKing International, has reached a significant milestone by attaining a valuation of USD 1 billion on the Indian stock exchanges. Based in Indore, this climate change advisory firm has emerged as India’s most significant carbon management company, marking its rapid […]

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Impact of Plastic Waste Management Norms on FMCG

Impact of Plastic Waste Management Norms on FMCG

The new plastic waste management (PWM) rules , with their urgent need for implementation, are poised to reshape the FMCG industry. The new plastic waste management (PWM) rules are set to reshape the FMCG industry, with brands like Nestle, Britannia, and Colgate facing increased packaging costs. However, for companies like Godrej Consumer Products Limited (GCPL) and ITC,

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Brazil Aims to Streamline Access to Green Funds at G20

Brazil Aims to Streamline Access to Green Funds at G20

Simplifying access Green Funds As the current G20 presidency, Brazil is championing the cause of simplifying access to the world’s most significant multilateral climate funds, often referred to as ‘Green Funds.’ The Sustainable Finance Working Group, led by the Brazilian Ministry of Finance, has proposed a plan to reduce bureaucratic hurdles. This initiative holds the

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BASF Expands Eco Balanced Portfolio for Sustainable Cleaning Solutions

BASF Expands Eco Balanced Portfolio for Sustainable Cleaning Solutions

Eco Balanced Portfolio for sustainable cleaning solutions BASF, a global leader in chemical innovation, is doubling its commitment to sustainability by expanding its lineup of biomass-balanced ingredients tailored for the detergent and cleaning industry and industrial formulators across Europe. This significant expansion not only underscores BASF’s dedication to driving environmental progress but also reassures stakeholders

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Record Growth in Renewable Energy Capacity, Adding 18 GW in FY24

Record Growth in Renewable Energy Capacity, Adding 18 GW in FY24

India has marked a historic achievement in its Renewable Energy sector, India has achieved a significant milestone in its renewable energy sector, adding an impressive 18 gigawatts (GW) of renewable energy capacity in the fiscal year 2023-24. This landmark not only highlights India’s unwavering commitment to clean and sustainable energy sources but also underscores its

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Tax Incentives for Skill Development and Green Projects

Tax Incentives for Skill Development and Green Projects

ICAI Proposes Tax Incentives for Skill Development and Green Projects The Institute of Chartered Accountants of India (ICAI) has put forth a crucial set of recommendations in its Pre-Budget Memorandum 2024, underlining the necessity of tax incentives for entities actively engaged in skill development programs. Acknowledging the contemporary importance of skill enhancement initiatives, ICAI stresses

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Green Ammonia Production Project in India

Green Ammonia Production Project in India

JERA and ReNew Join Forces for Green Ammonia Production Project in India JERA Co., Inc (JERA), in a groundbreaking collaboration with ReNew E-Fuels Private Limited, a subsidiary of ReNew Energy Global PLC, has jointly signed a landmark agreement to develop a pioneering green ammonia production project. This initiative signifies a significant step towards accelerating the

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Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging

Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging

Sustainable Cold Cups Starbucks is making a substantial environmental impact by introducing its newly designed single-use cold cups. This initiative is pivotal to Starbucks Unveils Sustainable Cold Cups Revolutionizing Beverage Packaging. Starbucks is making a substantial environmental impact by introducing its newly designed single-use cold cups. This initiative is a pivotal part of the company’s

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