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CARBON OFFSETTING AND REDUCTION SCHEME FOR INTERNATIONAL AVIATION
India, 17 others reserve right to participate in Russia's dispute with EUIndia and 17 other countries, including the US, UK and China, have reserved third-party rights in Russia’s WTO dispute against the European...
Lakshadweep seaplane launch in limbo after last-minute Skyhop permission withdrawalIndia's plans for seaplane connectivity in Lakshadweep encountered challenges after permissions were withdrawn unexpectedly. Skyhop, the se...
India’s bid to keep carbon cash home as Europe adds a new trade costIndia’s exporters face new carbon costs under the EU’s CBAM, which took effect in January 2026. For carbon-intensive industries such as ste...
Experts propose 'carbon bank' to monetise Maharashtra's ecological wealthMaharashtra plans to create a 'Maharashtra Carbon Bank' to leverage its ecological resources for climate benefit. The proposed initiative a...
India, 17 others reserve rights to join Russia’s CBAM dispute with EU as third party at WTOArgentina, Brazil, Canada, China, Chinese Taipei, Indonesia, Japan, Saudi Arabia, South Korea, Malaysia, Norway, Paraguay, Singapore, Switz...
Ola Electric shares up 88% from record low: What’s behind the gains?Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earne...
In 2024, Arup invested £1 million in a UK wildland project. Its funding supported restoration across 71.24 hectares and secured 10,000 tonnes of carbon removal creditsIn 2024, Arup invested £1 million in Nattergal’s Boothby Wildland project in Lincolnshire, supporting restoration activity across 71.24 hec...
India's small-town aviation push enters big new phase as Centre prepares to take UDAN wider and deeperAs many as 21 new memorandums of understanding have been signed between the ministry, participating states and UTs and the Airports Authori...
SpiceJet’s finances, operations under government watch as cash flow woes deepenIndia’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Mi...
India gives UDAN another decade to fly & generate Rs 60,000 crore; MoUs in 2-3 weeksThe Centre expects to finalize UDAN scheme agreements with all states soon. West Bengal will sign its memorandum of understanding on Septem...
Centre to sign MoUs with 22 states for next phase of UDANThe Ministry of Civil Aviation will sign MoUs with 22 states for the next phase of UDAN. This signing marks the launch of Challenge Mode an...
Brazil's Mombak raises new fund, adds Salesforce as carbon credit buyerInvestors are watching demand trends in the nascent carbon removal market, where companies such as Google, Microsoft and Meta have emerged ...
NMDC shares rally 2% after company sets target to achieve net-zero operational emissions by 2047NMDC shares rallied up to 2% on Monday to Rs 80.85 after setting a target to achieve net-zero operational emissions by 2047. Covering Scope...
NMDC sets Net Zero target for operational emissions by 2047NMDC plans net zero operational emissions by 2047, focusing on scope-one and scope-two emissions. Key strategies include energy efficiency ...
UK climate advisers say Heathrow Airport expansion incompatible with climate goalsUK climate advisors state Heathrow Airport expansion conflicts with national climate targets. The aviation sector must achieve net zero emi...
India ramps up preparedness for European Union's carbon tax; verifiers begin EU registry accessIndia is taking proactive steps by establishing a committee dedicated to assisting exporters in fulfilling the EU carbon tax requirements. ...
BRICS nations to deepen cooperation for sustainable transport infrastructureBRICS countries on Saturday reaffirmed plans to deepen cooperation on sustainable transport infrastructure, including through policy, inves...