The Rise of Climate-Smart Commodities and Renewable Energy in India
Key Ideas
  • India's renewable energy capacity has surged, with a 165% increase over a decade, positioning the country as a global leader in renewable energy.
  • Integration of renewable energy in supply chains, including manufacturing and transportation, is crucial for creating sustainable, low-carbon products.
  • Green hydrogen, powered by renewable energy, is gaining traction in industries like steel and cement, supported by India's Green Hydrogen Mission.
  • Adoption of electric vehicles powered by renewable energy is reducing carbon emissions in transportation, especially for last-mile deliveries.
The article discusses the rise of climate-smart commodities and renewable energy in India as imperative for sustainable economic growth in the 21st century. Climate-smart commodities are goods produced with reduced greenhouse gas emissions and improved sustainability across various sectors. The integration of renewable energy, particularly in supply chains, is highlighted as a cost-effective solution to combat climate change. India has significantly increased its renewable energy capacity, ranking fourth globally. Green principles, such as using solar and wind power, are crucial in creating sustainable products. Storage technology advancements have made 24-hour renewable power available, addressing concerns about reliability. Green hydrogen, produced through electrolysis powered by renewable energy, is identified as a critical fuel alternative for industries like steel and cement. India's Green Hydrogen Mission aims to decarbonize hard-to-abate sectors with a substantial investment. The adoption of electric vehicles powered by renewable energy is emphasized as a way to reduce carbon emissions in transportation. Companies in India are investing in solar-powered warehouses and utilizing green power for logistics operations. By embracing renewable energy, Indian industries are aligning with global climate goals and creating resilient supply chains. The article concludes by highlighting that renewable energy has transitioned from a good-to-have to a strategic asset for industries in India, paving the way for sustainable economic growth.
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