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Can ship recycling green India’s steel sector? 5 key findings from our research

Steel forms the backbone of modern economies, and India, as the world’s second-largest steel-producer, is on a path of rapid expansion. By 2030, India’s steel production is projected to double, driven by rising demand from infrastructure and manufacturing. However, this growth comes with a significant environmental cost—steel production accounts for 12 per cent of India’s greenhouse gas emissions, a number far higher than the global average. For India to achieve its net-zero ambitions, decarboni...

Turning the Tide: Ship Recycling as a Source of Green Steel in India

India stands at a critical juncture in its journey toward steel sector decarbonisation. As the world’s second-largest steel producer with a significant carbon footprint, the country faces the dual challenge of meeting growing steel demand while simultaneously reducing emissions from the industry. We set out to explore the availability of scrap steel from India’s ship breaking industry, partnering with the Climate Group and PwC India to perform this research. However, the research quickly reve...

Forging a sustainable future: India’s bold roadmap for green steel production

Steel is essential to India’s industrial and infrastructure development, but its production carries a significant environmental cost. The sector accounts for 10-12% of the country’s total greenhouse gas emissions. As the global shift towards net-zero accelerates, the steel industry must evolve or face the risk of being left behind. That’s why the Ministry of Steel’s new roadmap – released a few weeks ago – is a pivotal moment in decarbonising a challenging yet vital industry. Titled “Greenin...

Leading with Purpose

Shloka Nath, CEO, ICC, and Nandan Sharalaya, Senior Manager — India Climate Leaders Program, ICC, dwell on a much-awaited donor convening hosted by the India Climate Collaborative in Italy from 28 August to 1 September, 2023, and its significance in building India’s climate leadership. Nestled on the picturesque shores of Lake Como, Italy, The Rockefeller Foundation’s Bellagio Center has a storied history of fostering impactful initiatives that address global challenges. From its role in launch

Collaborative Communities: The Missing Piece in Indian Cities’ Puzzle | Omidyar Network India

In 2020, a group of Mumbaikars came together to better understand the decision-making process on public infrastructure and services. They took part in Civis Innovation Foundation’s survey on participatory budgeting and voiced their opinion on the need for higher health budgets. Compiling responses from over 1,000 citizens, Civis presented the findings to members of the standing committee of Municipal Corporation of Greater Mumbai (MCGM). Soon after, MCGM increased the budget outlay for health, w

Building Sustainable & Scalable Migration Practises: Safe & Responsible Migration Initiative

The onset of the COVID-19 pandemic and the resultant humanitarian crisis brought migration to the fore in the Indian policy and development discourse. It made visible the significant role of migrant workers in our cities and economy and also made visible the multiple vulnerabilities they experienced. It became obvious that a robust society and economy would need significant focus on improving the safety nets and living conditions of low-income migrants, especially those crossing state borders.

Building Digital Rails for Urban India - Why We Invested in eGovernments Foundation

Setup in 2003, eGovernments Foundation aims to catalyse urban transformation and enhance ease of living and ease of doing business at a national scale. To that end, it builds and deploys DIGIT, a National Open Digital Ecosystem (NODE) in cities across India. The platform helps digitize and automate back-end processes and enables citizens to access government services on their mobile phones.

Leveraging the Power of Collaboratives to Advance Change: Why We Invested in RCRC’s Research Initiative

In 2020, a number of prominent livelihoods focussed Civil-Society Organisations (CSOs) across the country came together to form a National Coalition to enable a Rapid Rural Community or RCRC. Realising the devasting impact of the pandemic very early on, these organizations quickly understood that there was much to do together than they could otherwise do alone. One of the first tasks the coalition took up was to devise surveys to identify the short, medium and long-term impact of the pandemic o

An Entrepreneurial Approach to Tackling Poverty: Why We Invested in The/Nudge Foundation

India suffers from extreme economic inequality with 373 million ‘multi-dimensionally poor’ and 145 million Indians living below the poverty line, as per World Bank estimates. A recent 2020 report by the World Economic Forum also states that Indians born into poor families will take seven generations to reach the country’s mean income. With India accounting for 60% of the global increase in poverty, there is an urgent need for innovation and a strong bias for action.

Why we are partnering with CIIE.CO – Flourishing entrepreneurship in CivicTech, PropTech & LegalTech across India

History is replete with narratives of human resilience through ingenuity often also termed as innovation. Innovation combined with entrepreneurship has played a critical role from the industrial revolution to the present digital revolution in wresting control in favour of progress and human agency. India has leapfrogged legacy systems to innovate on the shoulders of millions of smartphones and access to internet. There was a unique convergence of digital infrastructures such as India Stack, pol

State Government-led collaboratives shed light on urgently needed solutions for migrant workers

The pandemic has highlighted the poor state of India’s 80-130 million migrant workers, who make up the informal workforce, powering high-growth sectors such as construction, manufacturing and urban services in India. The second COVID wave has been a particularly sobering reality check. It has shown the complex nature of this issue and the deep, multi-stakeholder resolve needed to secure a paradigm shift in the livelihoods and living conditions of migrant labour. The recent resurgence of COVID an

ESG Risks: Investors & Indian Boards

Companies that successfully incorporate sustainability into their core business strategy are better positioned to lead in an evolving, complex and increasingly transparent marketplace. These companies are also more attractive to institutional investors and are likely to attract the bulk of capital investments going forward. Barring a few exceptions in recent years, Indian companies have been notorious for poor ESG (Environmental, Social and Governance) / sustainability standards. Though fundame

India Election Update: An Arranged Marriage in Delhi

With over 900 million eligible Indian voters likely to use their voting rights to elect 543 members for the lower house of the India parliament, a certain level of nervousness on the part of the political class seems natural. The central plot is a spending contest between Prime Minister Narendra Modi and Opposition leader Rahul Gandhi, as to who will cobble together a winning coalition to form the next government - a little like an expensive arranged marriage in Delhi (the last election expense b
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