Build a new global agency to push climate financing

17 Mar 2023 |
Mr Manjeev Singh Puri
| Hindustan Times

Financing will be a critical requirement for meeting the economy-wide climate and sustainability challenges. The developed world promised $100 billion in climate finance, which has not materialised. The reality is that most financing needs of developing countries are unlikely to be met by developed countries and/or multilateral institutions, writes Mr. Manjeev Singh Puri, Distinguished Fellow, TERI.

Let water credits flow

02 Mar 2023 |
| Dr Syamal Kumar Sarkar and Dr Snehlata Tigala
| The Hindu Business Line

Water credits deal with the transaction between water deficit and water surplus entities within a basin. Industries can buy water credits from water-rich municipalities that are fund crunched to finance large-scale floodwater harvesting or wastewater treatment projects, which aid in conserving water. Thus, the multiplayer approach is essential for the water credit system. With the effective implementation and stringent regulatory standards, water trading also paves the way for water quality standards, says Dr Syamal Kumar Sarkar, Distinguished Fellow, Water Resources Division, TERI and Dr Snehlata Tigala, Former Associate Fellow, TERI.

Net-zero, at what cost?

02 Mar 2023 |
Dr Prodipto Ghosh
| The Economic Times

According to Dr Prodipto Ghosh, Distinguished Fellow, Earth Science and Climate Change Division, TERI, if a policymaker today were to decide on a decarbonization policy till 2070,  they would likely discount future costs. But if policymakers at different times were to decide on decarbonization options in their times, they would not discount costs. One cannot meet capex or operation and maintenance costs with discounted rupees or dollars. One must find real money.

Resources for resilience

20 Feb 2023 |
Mr R R Rashmi
| Financial Express

One way to raise resources would be for governments to mandate assessment of climate risks and disclosure for the private sector, which would then push firms to invest in resilience infrastructure, says Mr RR Rashmi, Distinguished Fellow, TERI. 

Can energy trade help South Asia meet its climate goals?

20 Feb 2023 |
| Mr R R Rashmi, Mr Saswata Chaudhury and Mr Raktimava Bose, TERI.
| Hindustan Times

A recent study by The Energy and Resources Institute, the Economic Research Institute for East Asia, and the Energy Research Institutes Network explores the advantages of potential trade in electricity generated by renewable sources within the South Asian region. Such intra-region electricity trade can solve many challenges faced by the RE sector in these countries while avoiding undesirable social and environmental costs says Mr R R Rashmi, Distinguished Fellow, Mr Saswata Chaudhury, Senior Fellow, and Raktimava Bose, Associate Fellow, TERI.

Sustainable Development with a fully circular economy as the new paradigm

16 Feb 2023 |
Mr Ajay Shankar
| Financial Express

The impossibility of humanity continuing on the present trajectory of economic growth is becoming quite clear, sustainable development with a fully circular economy has to become the new paradigm rather than growth in GDP says Mr Ajay Shankar, Distinguished Fellow, TERI.

Pump Storage Plants: The way ahead for Energy Storage in India

07 Feb 2023 |
Mr Ajay Shankar
| ET EnergyWorld

The speedy development of PSPs is a necessity for achieving the highly ambitious 2030 targets, and success on this front would take India to the global frontier in the deployment of energy storage, says Mr Ajay Shankar, Distinguished Fellow, TERI.