Energy Transition

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Energy transition may lift 193 million out of poverty

July 3, 2025/

A study led by UNDP, in partnership with the Pardee Institute and Octopus Energy, finds that aligning renewable energy targets with broader development policies could lift 193 million people out of extreme poverty by 2060 and generate US$ 20.4 trillion in global savings. The study analyzes three energy scenarios, highlighting...

India must incentivize investments in carbon removal

August 7, 2023/

Globally, the transition to a lower-carbon economy requires fundamental changes in the ways that energy is produced, transported, and used. And developing nation such as India is no exception. The country has made commendable progress in the last decade towards setting up a low-carbon energy system, by promoting energy efficiency...

Budget 2022-23: A ‘climate budget’

February 23, 2022/

Climate change is a serious challenge faced by various countries across the globe. As the 3rd largest carbon emitter, India is proactively taking various initiatives highlighted by the government in the Union Budget 2022-23, a ‘climate budget’ aimed at promoting clean energy and decarbonising the economy, in combating such crisis....

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