Kolkata Municipal Corp to join 72 global cities on fossil fuel vow
POWER & RENEWABLE ENERGY

Kolkata Municipal Corp to join 72 global cities on fossil fuel vow

Kolkata has become the first Indian city to join the network of 72 global cities with its endorsement of a 'fossil fuel-free and climate-resilient future' through a set of short-term and long-term goals. Kolkata mayor Firhad Hakim signed the fossil fuel non-proliferation treaty propagated by Climate Action Network of South Asia (CANSA) to join the league of cities attempting to dramatically reduce carbon emission.

By signing the treaty, Kolkata Municipal Corporation (KMC) requires to phase out fossil fuels by applying equity principles, paving the path for a smooth energy transition. Kolkata joins Paris, Los Angeles, Vancouver, Lima and 60 other civic bodies and become the largest city to support the international initiative to phase out oil, gas, and coal production responsible for more than 80 per cent of CO2 emissions in the last decade.

Kolkata, home to more than 14 million people, is among the top 10 cities worldwide that face the most dangerous multi-hazard risks like cyclones, floods, droughts, earthquakes and landslides. It is most vulnerable to disaster-related mortality. Its rapid urbanization and near-complete dependence on fossil fuels make the city's air quality extremely poor. At the same time, the international scientific consensus is clear: to protect human and planetary health, we need a rapid, equitable phase out of fossil fuels globally.

Kolkata has become the first Indian city to join the network of 72 global cities with its endorsement of a 'fossil fuel-free and climate-resilient future' through a set of short-term and long-term goals. Kolkata mayor Firhad Hakim signed the fossil fuel non-proliferation treaty propagated by Climate Action Network of South Asia (CANSA) to join the league of cities attempting to dramatically reduce carbon emission. By signing the treaty, Kolkata Municipal Corporation (KMC) requires to phase out fossil fuels by applying equity principles, paving the path for a smooth energy transition. Kolkata joins Paris, Los Angeles, Vancouver, Lima and 60 other civic bodies and become the largest city to support the international initiative to phase out oil, gas, and coal production responsible for more than 80 per cent of CO2 emissions in the last decade. Kolkata, home to more than 14 million people, is among the top 10 cities worldwide that face the most dangerous multi-hazard risks like cyclones, floods, droughts, earthquakes and landslides. It is most vulnerable to disaster-related mortality. Its rapid urbanization and near-complete dependence on fossil fuels make the city's air quality extremely poor. At the same time, the international scientific consensus is clear: to protect human and planetary health, we need a rapid, equitable phase out of fossil fuels globally.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?