The role of MSMEs on decarbonisation in India’s HVAC industry
ECONOMY & POLICY

The role of MSMEs on decarbonisation in India’s HVAC industry

Our planet is at a critical juncture. Climate change is causing irreparable damage to the environment. Health risks from indoor and outdoor air quality are on the rise. Thankfully, there are global groups addressing climate change. The United Nations Framework Convention for Climate Change created the Conference of Parties (COP) meetings where governments assess global efforts to advance the key Paris Agreement aim of limiting global warming to as close as possible to 1.5 degrees Celsius above pre-industrial levels.

Nations have made specific commitments to climate action. India’s Prime Minister Modi committed to a five part nectar pledge (Panchamrit). Four of these pledges are reachable by 2030. India’s goals include reaching 500GW of non-fossil electricity capacity, generate half of all energy requirements from renewables, reduce emissions by 1 billion tonne and reduce emissions intensity of GDP by 45 per cent. The fifth pledge commits India to net zero emissions by 2070. India’s five commitments are a critical foundation in the global pathway to achieving the ambitious 1.5 degrees Celsius global warming target...

To read the full article Click Here


Our planet is at a critical juncture. Climate change is causing irreparable damage to the environment. Health risks from indoor and outdoor air quality are on the rise. Thankfully, there are global groups addressing climate change. The United Nations Framework Convention for Climate Change created the Conference of Parties (COP) meetings where governments assess global efforts to advance the key Paris Agreement aim of limiting global warming to as close as possible to 1.5 degrees Celsius above pre-industrial levels.Nations have made specific commitments to climate action. India’s Prime Minister Modi committed to a five part nectar pledge (Panchamrit). Four of these pledges are reachable by 2030. India’s goals include reaching 500GW of non-fossil electricity capacity, generate half of all energy requirements from renewables, reduce emissions by 1 billion tonne and reduce emissions intensity of GDP by 45 per cent. The fifth pledge commits India to net zero emissions by 2070. India’s five commitments are a critical foundation in the global pathway to achieving the ambitious 1.5 degrees Celsius global warming target...To read the full article Click Here

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read the full article Click Here..

Next Story
Infrastructure Transport

No Freeway to Success

In FY21, the Indian highway network expanded at a daily rate of 37 km, setting a new record. This high more or less continued in the ensuing years, backed by the Ministry of Roads, Transport and Highways (MoRTH) awarding about 12,000 km of national highway projects annually from FY21 through to FY23. But project awarding slowed down to around 8,600 km in FY24 and is expected to have stayed at that level in FY25, observes Aniket Dani, Director – Research, Crisil Intelligence. Slower awards and slower execution go hand in hand. “The execution pace of national highways is estimated ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?