Home
Focus Areas
About Us
India wants to be carbon-free by 2070, and it's going to require hundreds of billions of dollars in investments over the next half-century, according to a new report from the Center for Economic and Policy Research.
"India needs to invest trillions of dollars in meeting its Net Zero commitment," says the report, which notes that the country emits about 3.5 billion tons of carbon dioxide per year.
"For India to reach emission levels of zero, it will require the annual emission curve, which has risen along with India's GDP (though not proportionally), to eventually be on a path of decline every year," the report says. "Soon, the curve must peak and then start its journey downward."
The report estimates that India will need to invest hundreds of billions of dollars a year until 2030 to hit the goal, which the government has set as a target of 2070.
India's economy is expected to grow at about 8% per year through 2030, and the country will need to ramp up its energy production by 50% by then to meet the target, the Times of India reports.
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"I didn't want to acknowledge any life challenges I had along the waywhich left me feeling burnt out from not showing my whole self," says Trish Boes, founder and CEO of UnlimitMe. But now, she...more
Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports. According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8...more
"America's rural communities are on the frontlines of climate change, and the Biden-Harris Administration is committed to growing and supporting a conservation workforce that can implement the...more
Bryant University in Rhode Island will bestow an honorary degree on one of Africa's most prominent philanthropists during its May Commencement ceremony, the Providence Journal reports. Tsitsi...more
"As students become more independent, being able to get where they are going safely is an essential life skill. Our goal is to educate these students so they can get where they are going, safely,...more
If a $194,197 grant from the National Science Foundation isn't enough to convince you to grow your own food, you're not the only one. An Indiana company has been awarded $9,993 from the second...more
Gov. Janet Mills has announced $5 million in grants to help communities in Maine protect themselves from the effects of climate change. The grants, awarded through the Community Resilience...more
"Climate change is real, and it's going to get worse before it gets better." That's the message from Charles Fletcher, newly appointed special adviser on climate change and resilience for Hawaii,...more
Marfaa Naseem is a 22-year-old student of Pakistan's Quaid-i-Azam University, and she's used a US grant to set up a rainwater harvesting and hydroponic farm on her rooftop. The idea came to her...more
The Ukrainian city of Rivne is trying to become the first city in the world to be carbon neutral by 2030, the Guardian reports. According to the Telegraph, Ukraine has been grappling with a lack...more
Environment News from...
Gates Foundation
Silicon Valley Community Foundation
California Endowment
California Community Foundation
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.
