RM calls for balancing operational requirements with research freedom to drive innovation (See 'Corp Brief') APEDA facilitates export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai (See 'Corp Brief') India elected President of ISA for the 3rd consecutive term: Minister (See 'Corp Brief') Competition Act - Relief being of the nature of final relief cannot be sought at a stage when the matter is being investigated by the DG: CCI (See 'Legal Desk') National Orientation Programme for Tribal Healers on Public Health held in Hyderabad (See 'Corp Brief') CSIR-NIScPR organises third International Conference on Dissemination of Traditional Knowledge (See 'Corp Brief') A&C - Judicial intervention in arbitral proceedings is warranted only in exceptional cases, such as where party is left remediless under the statute or where clear bad faith is established: HC (See 'Legal Desk') WCL emerges as Growth Engine of Coal India, Records Strong Growth in Production (See 'Corp Brief') DPIIT implements Special Campaign to minimise Pendency Across Offices (See 'Corp Brief') SEBI ACT - Provisions of SEBI (Prohibition of Insider Trading) Regulations are violated where an employee of the Company, possessed & communicated Unpublished Price Sensitive Information regarding its forthcoming financial results to an outsider who then traded in company's shares based on such information: SAT (See 'Legal Desk') CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS (See 'Corp Brief') CCI approves acquisition of equity of Solenergi Power by Aditya Birla Renewables (See 'Corp Brief') CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - A post-admission settlement can automatically bypass statutory mechanism mandated under Section 12A of the IBC, 2016, particularly in light of stringent amended provisions governing withdrawal of admitted applications: NCLAT (See 'Legal Desk') CCI approves acquisition of equity share capital of IntelliSmart Infrastructure by Adani Energy (See 'Corp Brief') CCI approves merger of Sapphire Foods India with and into Devyani International (See 'Corp Brief') 87 Crores Individuals Screened for Oral, Breast and Cervical Cancers (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - Liquidator's claim for refund cannot be adjudicated in the summary jurisdiction under Section 60(5) of the Code, more so where the parties' claims have not been crystallised through adjudication: NCLT (See 'Legal Desk') India-BLEU Joint Economic Commission Session Held in Luxembourg (See 'Corp Brief') India to promote South-South Cooperation and share Agricultural Innovations (See 'Corp Brief') Companies Act, 2013 - Pendency of challenge to a judgment before a Division Bench does not extinguish its binding force, where judgment is neither set aside nor stayed: HC (See 'Legal Desk') Of 137 commercial mines allocated since 2020, 25 are producing (See 'Corp Brief') MoS releases Foreign Language Compendium of DRDO Products for engagement with international partners (See 'Corp Brief') Trade Marks Act, 1999 - Court's intervention is needed where the parties furnish affidavits making undertakings that effectively resolve the issues at hand: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Print

MoS says decarbonizing of buildings should be highest priority

Published: Sep 24, 2022

By TIOLCorplaws News Service

NEW DELHI, SEP 24, 2022: INDIA'S Science and Technology Minister, Dr Jitendra Singh, who is leading a high-level Joint Ministerial Delegation of S&T and Ministry of Power, New & Renewable Energy, yesterday said that Decarbonizing of cities and buildings should be the highest priority for the public and private sectors and it needs to be done at scale, pace, and by using an integrated and digitalized approach to bring systemic efficiency.

In his address at the Roundtable on "Net Zero Built Environment with Connected Communities" at Global Clean Energy Action Forum-2022 at Pittsburgh, in the United States, Dr Jitendra Singh said, we cannot solve climate change without transforming our cities and buildings and this requires massive efforts from the private and public sectors, but it is possible with today's technologies.

Dr Jitendra Singh pointed out that increasingly, cooling is recognized as a developmental need that is linked with achieving many Sustainable Development Goals. He said, Demonstration and Deployment, investment, technology are the key challenges to achieve net zero connected communities at a global level.

Dr Jitendra Singh pointed out that the development of a robust R&D innovation ecosystem will, inter alia, involve further development of scientific manpower in the area, requisite academic and R&D institutional capacities, support for R&D activities on various facets of cooling, including but not limited to refrigerants, cooling equipment, passive building design interventions, not-in-kind technologies and new emerging technologies; and industry preparedness to assimilate new technologies.

India called for important actions to address these challenges like a global Memorandum of Understanding (MoU) with respect to enhancing the R&D, and Deployment, Knowledge and technology sharing related to demand driven solutions, a tailored financing plan that would look into feasible funding sources and aggregating member countries' demand for the potential designing of a global tender/ procurement process.

Dr Jitendra Singh informed the Ministers and Delegates that his Ministry of Science and Technology has actively engaged several industry players, especially for demonstration and deployment and today we have over 78 industries participating in the Building Energy Efficiency and Smart Grid Program.

The Minister, however, acknowledged that the decarbonization of cities is a multifaceted challenge and requires a holistic approach and systemic efficiency. He said, alongside buildings, the electrification of private and public transport plays a pivotal role in not only achieving net zero emission targets, but also improving urban air quality. The public and Private sectors need to work closely to ensure the implementation of research outcomes, the Minister added.

Dr Jitendra Singh said that three major actions for which public and private sectors can come together to achieve planning and demonstrations of net zero connected communities are- Catalysing effective capital reallocation and new financing structures, including through scaling up climate finance, Lowering technology costs with R&D, nurturing industrial ecosystems, collaborating across value chains to reduce cost, and Establishing compensating mechanisms to address socioeconomic impacts, through economic diversification programs, reskilling and redeployment programs.

Highlighting the measures taken by India, Dr Jitendra Singh concluded that the Ministry of Science and Technology has supported research development and deployment of technologies with an investment of 34.3 million USD during the last decade. We have strengthened the R&D infrastructure and forced bilateral and multilateral collaborations through R&D programs in the field of Building Energy Efficiency and Smart Grids, the Minister emphasised.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.