The open seas (the sea beyond countries’ territorial waters) cover two-thirds of the earth. Oceans serve three key purposes (a) they are the source for half the earth’s oxygen supply; (b) they are natural carbon sinks; (c) source of economic value: food, shipping and tourism. The oceans are overexploited with many species facing extinction, andContinue reading “The High Seas Treaty”
Tag Archives: #NetZero
Carbon Insetting
There is a lot of talk about carbon offsets, but little is heard about carbon insets. Carbon inset is a less controversial and equally powerful mechanism for carbon reduction. Carbon insetting is a powerful tool to achieve global net zero targets. According to the International Platform for Insetting, “Insetting is a strategic mechanism used toContinue reading “Carbon Insetting”
Net Zero: Strategy and Reporting
A recent report by CDP suggests that less than 1% of the 18,600 companies surveyed by CDP have credible climate change plans to net zero. This result is surprising because achieving net zero is critical to the planet’s well-being. Without getting into a methodological debate, here are some thoughts on why this would be so:Continue reading “Net Zero: Strategy and Reporting”
The Net Zero Emissions Bill 2022
The Net Zero Emissions Bill 2022 was introduced in Rajya Sabha on December 9, 2022. It hasn’t received the attention that it deserves. The Bill creates a structure that will enable India to achieve the net zero target set out at the Glasgow Summit and incorporated in India’s NDCs (Nationally Determined Contributions). To achieve theContinue reading “The Net Zero Emissions Bill 2022”
Inflation, Sustainability and Consumer Behaviour
High inflation rates have persisted for quite some time now. As a result, inflation affects both (a) how businesses operate in a high inflation environment and (b) how consumers respond with their purchase decisions. In an inflationary environment, businesses face higher costs due to increased input prices. Staff costs rise too as the company needsContinue reading “Inflation, Sustainability and Consumer Behaviour“
Utkarsh Majmudar 