Author name: Climatora News Desk

Axis Bank's Clean-A-Thon A Record-Breaking Triumph for a Greener Tomorrow

Clean-A-Thon: A Record-Breaking Triumph for a Greener Tomorrow

Axis Bank’s Clean-A-Thon: Leading the Charge for a Greener India In a resounding testament to its dedication to environmental conservation, Axis Bank, a powerhouse among India’s private sector banks, has etched its name into the prestigious Asia Book of Records. This feat has been achieved through their remarkable nationwide initiative – the ‘Clean-A-Thon,’ which was […]

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Navigating the Carbon Market - A $2 Billion Initiative to Shape tomorrow

Navigating the Carbon Market – A $2 Billion Initiative to Shape Tomorrow

Unveiling the Carbon Market Evolution: Building a $2 Billion Market The carbon market holds immense significance in a world where climate consciousness is at the forefront. A groundbreaking initiative has taken flight, aimed at transforming this intricate landscape. With a vision to establish a $2 billion carbon offset market, this global project is set to

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Green Energy Triumph - L&T's $12 Billion Push for a Sustainable Future!

Green Energy Triumph – L&T’s $12 Billion Push for a Sustainable Future!

A Triumph for Green Energy One name stands tall in the dynamic landscape of India’s engineering and construction domain: Larsen & Toubro Ltd. With a pledge to invest a whopping $12 billion over five years, this industry juggernaut is all set to redefine the contours of progress. What sets this expansion apart? An unwavering commitment

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ndia and Sri Lanka sign renewable energy MoU.

India and Sri Lanka sign renewable energy MoU

Sri Lanka and India signed MoUs on renewable energy cooperation and Trincomalee energy center development. In New Delhi, a Sri Lankan delegation led by President Ranil Wickremesinghe discussed energy cooperation strategy plans and investments to strengthen economic and energy ties. MOUs on Renewable Energy Cooperation, Trincomalee Energy hub development, and the Energy permit for the

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SEBI Boosts Sustainable Finance with Six New ESG Categories

SEBI Boosts Sustainable Finance with Six New ESG Categories

Sebi issued a circular with new guidelines to boost green finance recently. The Securities Exchange Board of India requires ESG plans to invest at least 80% of their assets in equities and equity-related instruments of their strategy. The circular specifies that asset management schemes distinguish mutual fund schemes by asset allocation and investment strategy. The

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Juniper Green Energy Signs INR 5000 Crores MOU with Power Finance Corporation

Juniper Green Energy Signs INR 5000 Crores MOU with Power Finance Corporation

Juniper Green Energy signed an MOU with Power Finance Corporation Limited (PFC) at the 14th Clean Energy Ministerial (CEM) meeting on the sidelines of the G20 Summit. The MOU funds Juniper Green Energy’s 1200 MW renewable energy projects with Rs. 5,000 Cr. With this agreement, Juniper Green Energy hopes to reach 4000 MW of power

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ACME Group receives Rs. 4000 Cr. for Oman green hydrogen project

ACME Group receives Rs. 4000 Cr. for Oman green hydrogen project

Diversified renewable energy business ACME Group received a Rs 4,000 crore ($40 billion) loan from Rural Electrification Corporation (REC) Limited, one of India’s leading green infrastructure financing institutions, for its Oman green hydrogen and ammonia project. The loan will fund the first phase of a green hydrogen and ammonia project in Duqm, Oman’s Special Economic

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Pune local government launched the nation's first sanitary waste processing center

Pune local government launched the nation’s first sanitary waste processing center

PMC officials stated the unit could treat 4–4.5 tonnes of sanitary waste daily. India’s sanitary waste disposal problem is growing because disposable sanitary napkins of non-biodegradable plastic pose health and environmental risks. Pune Municipal Corporation (PMC) would be the first civic authority to treat sanitary waste in August. Rochem Separations Systems Pvt Ltd, Hadapsar, has

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ITC's paperboards & specialty papers business expanding sustainable product portfolio

ITC’s paperboards & specialty papers business expanding sustainable product portfolio

ITC Ltd.’s paperboards & specialty papers business is expanding its sustainable product portfolio and investing in the fast-growing market with “immense growth potential.” ITC entered the fast-growing premium Moulded Fibre Products (MFP) market via a wholly-owned subsidiary, ITC Fibre Innovations Ltd. In its latest annual report (2023), the company announced establishing a production facility in

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UK's first electric airline from green energy billionaire

UK’s first electric airline from green energy billionaire

  Ecojet, a “flag carrier for green Britain,” will debut early next year with a 19-seater plane between Edinburgh and Southampton. After a year of kerosene, the aircraft will be upgraded with engines that convert green hydrogen into power. Vince started Ecotricity, the UK’s first green energy company, 1995 and has since launched low-carbon and

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