Transitioning towards a Green Economy in Karnataka.
Despite high targets and comprehensive policies, the deployment of renewable energy technologies has faced significant barriers in Karnataka during the past five years.
One of the undisputed benefits of the recent demonetisation exercise has been the concerted push towards digitisation of cash transactions.
According to Union Ministry of Statistics and Programme Implementation, India produced 15,311 petajoules of energy in 2020 of which 81% was derived from fossil fuels such as coal, oil, and natural gas.
The concept of 3R (Reduce, Reuse, Recycle) and circular economy is seen as enablers for improving resource efficiency, sustainable use of resources, sustainable economic growth, and social benefits.
Hydrogen demand will increase rapidly as several sectors realise its applications.
Circular economy seems a vital enabler for sustainable use of natural resources which is also important for achieving the 2030 agenda for sustainable development goals.
India’s energy sector will face two key challenges in the future.
India’s plans to add more than 200GW of solar PV capacity will include significant contribution of agriPV.
India is committed to its net-zero goals by 2070, and the decarbonisation of the transport sector through vehicular electrification is a major cornerstone.
In 2021-2022, India surpassed Brazil to become the largest sugar producer in the world, producing 359 lakh tonnes – an all-time high.
India is among the top five leading countries in solar power installed capacity.
India generates an enormous amount of waste, including municipal solid waste (MSW), industrial waste, hazardous waste, and biological waste.
India’s wind capacity target for 2030 is 140 GW, and the current wind installation achieved until April 2023 is 42.
Prime Minister Narendra Modi, in his address at COP28, articulated India's steadfast commitment to environmental sustainability while maintaining a delicate balance between economic growth and ecological preservation.
In an era of escalating environmental concerns and the pursuit of sustainable development, the circular economy emerges as a transformative solution.
