India will be able to meet its energy demands through solar energy in multiple industries such as electricity, automobiles, commerce and manufacturing. India’s solar capacity of installation was 70.01 GWAC till 30 June 2023. Solar power stats in India ranks in fourth position worldwide in 2021. The second-largest Indian market in Asia for new solar […]
As governments around the world are increasingly working on sustainability, the freight industry has been facing pressure to reduce its carbon footprint. However, many companies are not ready to invest in transitioning to green freight transport. What is green freight? What are the benefits of green freight? What are the challenges companies are experiencing in […]
Key Highlights Plastic pollution is a real issue due to global patterns of plastic production and consumption. Global trade can help reduce plastic pollution via trading agreements that support responsible plastic flows and circularity. A summit in Uruguay discussed establishing an internationally binding treaty on plastic pollution for the first time for delivery by 2024. […]
The EU has been progressing towards creating a transition from the traditional usage of fossil fuels to alternative and clean energy. The efforts come, especially from the aftermath of the Russia-Ukraine crisis that started in February 2022. Imports for clean and alternative energy in the EU were registered to be slightly higher than exports. A […]
EU levies to reduce emissions in order to meet the target of cutting carbon emissions. The European Union’s “Fit For 55” package consists of legislative proposals focusing on reducing carbon emissions by 2030. The new regulatory framework for reducing emissions in the EU has been proposed by its parliament. It suggests that changes are required […]
Banks are facing a risk that stricter environment, social and governance criteria could worsen the trade finance gap by cutting off access to financing for companies that need it most. It could hinder their expansion of sustainable trade finance offerings to meet growing corporate demand. Trade finance comprises financial instruments that support a company’s imports […]
Denmark’s clean energy transition is taking a fast pace as the country is lessening its dependence on fossil fuels. The Danish government’s efforts are majorly directed toward lessening the usage of fossil fuels to make a transition. Denmark is moving towards a clean energy transition from fossil fuels. One report suggests that wind and solar […]
It has been a tough year for international coal markets in the first half of 2022. On 1st January, Indonesia banned coal exports to protect supplies for its power stations. The month-long measure by the world’s biggest coal exporter injected volatility into the global coal market, but Russia’s invasion of Ukraine really set prices of […]
The Russia-Ukraine war has started to bring changes in the ESG investment process and supply chain of commodities. The investment processes in concern with ESG factors and requirements seem to take turns. This has resulted in a probable dismantling of the Russian economy, with factors aligning mainly against Russia. While this brings speculations over the […]
Solar panels or photovoltaic cells are increasingly finding their way into the mainstream energy generation methodologies. Solar cell trade between countries is increasingly growing and countries such as the US, China, and India are making headlong progress, inviting headlines. Imports and exports of solar cells increased in 2022 in a few countries compared to 2020. […]
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