Savills India’s Post

India is the most populous country in the world and is poised to become a $5 trillion economy — the world’s third largest — in the next five years. Today, India’s per capita greenhouse gas emissions are about one tenth of those from the United States, and India represents around 4% of historic global emissions. Ambitious growth is of paramount importance for India, but the nation is also acutely aware that its emissions cannot grow proportionately with its economy. Therefore, India has a bold vision to 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗺𝗮𝗷𝗼𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝘁𝗼 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹𝗶𝘀𝗲 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗶𝗻𝗴. This will require a concerted effort from the public and private sector. Environmental Defense Fund in India strives to help catalyse this action — working as an authentic and distinctive partner to India by 𝘀𝗵𝗮𝗿𝗶𝗻𝗴 𝗼𝘂𝗿 𝘀𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 𝗮𝗻𝗱 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗲𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲 𝗮𝗻𝗱 𝗯𝘆 𝗮𝗺𝗽𝗹𝗶𝗳𝘆𝗶𝗻𝗴 𝗼𝘂𝗿 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀’ 𝗰𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗴𝗿𝗼𝘂𝗻𝗱. Hisham Mundol, our Chief Advisor, India spoke at last week's #mintsustainabilitysummit2024 on how India can cope with #ClimateChange and the business opportunities from sustainability.

Various articles discussing Key predictions for the energy sector by 2050 include: • Dominance of Renewables: Two-thirds of global energy supply will come from renewables, particularly solar and wind, which will account for 20% of total energy supplies. • Decline in Fossil Fuels: Fossil fuel usage is expected to drop significantly, with oil consumption decreasing from 100 million barrels per day to 24 million by 2050. • Increased Energy Efficiency: A major push for energy efficiency will lead to a 7% reduction in energy use despite a growing economy and population. • Electrification Growth: Technologies like electric vehicles will drive electrification, contributing to significant emissions reductions. • Investment Needs: Achieving these goals will require tripling clean energy investments to about $4 trillion annually by 2030. Infosys Infosys Consulting Infosys Energy Practice Sriram Sundar Nishant Kumar Ian Gaylard Roland Parrott Stephen Chantry

[Our path to carbon neutrality] Trying to map your transition to #NetZero? Not sure where and how to get started? We have you covered! On Wednesday, March 20th, our VP Communications & ESG Strategy, Julie Paquet will join TMX Group and Carbonhound in a discussion about informed #climate action as a business differentiator. At NMG, our business model is geared toward climate opportunities with a focus on the energy revolution market while integrating high #ESG standards that ensure the responsible production, from ore to advanced materials, of environmentally friendly graphite products. Already carbon neutral, we are working toward attaining Net Zero by 2030. Register now to learn about our flagship initiatives and scaling-up approach to data management: https://lu.ma/rui1ruzq #environment #ClimateAction #GHG

Catch us next Wednesday with TMX Group and Nouveau Monde Graphite | NYSE: NMG as we talk about measuring, reporting, and leveraging your climate data!

See the article for more info on the problems with CCS and DAC. #CCS #DAC "... Direct air capture is technically challenging. First, selectively capturing carbon dioxide molecules among the billions of other, more abundant, molecules found in air (including oxygen, O2, ozone, O3, nitrogen, N2, sulfur and others) is difficult to begin with. Then there is the magnitude of the problem. At present, the atmosphere contains over 3,300 billion metric tons of CO2, plus smaller quantities of other greenhouse gases — removing them would require an operation on a massive scale to have a meaningful impact and require power at an immense scale as well. Finally, CO2 concentration in the atmosphere is about 0.04%. If the removal process was 100% efficient — an optimistic assumption — it would be necessary to process 2,500 tons of air to capture one ton of CO2. Air movement would require considerable energy. Three physical processes might be deployed to capture CO2. They are adsorption, absorption and membranes. Power will be required for pumping and compressing air or gas containing CO2, and for extracting concentrated CO2, and finally, it must be stored in some manner forever, such as in depleted oil fields or other underground strata, and this takes even more energy to accomplish. Carbon capture will require large amounts of electricity — estimated as 2,500 kWh per metric ton of CO2 or more. The end product is to obtain a concentrated stream of CO2. Then, by various methods, the concentrate can be converted to a carbonate or methanol or used for enhanced oil recovery. Depending on the final process, additional energy and expense is required for pumping, storage, injection wells and other plant operations. Moving and eventually storing vast quantities of a dilute gas or liquid will require giant fans, huge pumps, and other equipment. The success of the concept depends on having large supplies of renewable energy for operation, rather than fossil fuels. At a smaller scale, there may be some value in strategically sited carbon capture projects (if they were part of a more comprehensive emissions reduction strategy working to eventually end fossil fuel production): A variation on air capture can be used to extract CO2 from existing power plant exhausts. Capturing carbon in this way would be easier to achieve because the exhaust from a modern gas-fired power plant is about 4 to 5% CO2, which is 100 times greater than the atmosphere. Coal-fired power plant exhaust contain about 15% CO2. Several pilot plants are using this approach. ..."

Exploring the pivotal role of #energy aggregators in improving market efficiency and accessibility. With insights from industry leaders, the conversation unpacks optimising energy distribution for a sustainable future. #EnergySector #Sustainability #NedbankCIB #MiningIndaba2024 #MiningWeek

ESG Conference (Exarro Case Study) - Decarbonisation with the focus on Exxaro as a case study | ESG Summit May 2024 Tana Mongwe, Investment Analyst at Old Mutual Investment Group, discusses climate change and coal mining at this insightful ESG Summit. She also shares insights on decarbonisation, responsible investment and the transition roadmap, highlighting ESG policies and sustainable practices. Tana then unpacks investing in firms committed to a greener future and the shift towards renewable energy. Listen to the full discussion here: https://lnkd.in/dZdX67i2 #ESGSummit #ESG #ResponsibleInvestment #ClimateAction #Decarbonisation #SustainableInvesting

Great to see UNEP underlining the need for sustainability in the approach to metals and minerals for the required energy transition. As we are increasingly hearing from Indigenous and local communities, scientists, business leaders and politicians around the world, a just green transition should and can be based on circular economy principles and greatly improved ESG for existing mining operations. #DeepSeaMining has no place in a #sustainabledevelopment pathway. #DefendTheDeep #KeepItInTheSeabed Deep Sea Conservation Coalition (DSCC) https://lnkd.in/eYPDWgDY

As we contend with climate change, the minerals industry is proud to invest in and adopt solutions in their processes. This looks like: ◾ Renewable and clean energy adoption, while reducing dependence on non-renewable energy. ◾ A commitment to recycling materials and responsible waste management. ◾ Providing the minerals necessary for the energy transition. ◾ Reducing GHG emissions wherever possible. In addition to these strategies, the minerals industry works hard to create value in the form of education, investments, donations, and engagement around climate change issues and causes. #Innovation #Sustainability #Mining #MiningIndustry #Minerals #FutureOfMining #MiningInnovation #MiningSafety #InnovationInMining

The debate on deep-sea mining versus sustainable resource management is crucial. Instead of exploiting our ocean's depths, focusing on repairing and recycling can significantly mitigate environmental damage. The article from Apple News rightly emphasises the importance of sustainable practices. By prioritising repair and reuse, we prioritise marine ecosystems and promote a circular economy. Let's invest in innovative solutions that protect our planet for future generations. Support OceanBlocks as we support Ocean Environments. https://lnkd.in/dQKnWACC #Sustainability #CircularEconomy #EnvironmentalImpact #DeepSeaMining #RepairAndRecycle #EcoFriendly #MarineConservation #SustainablePractices #ClimateAction #OceanBlocks