TEC, Delhi IIT sign MoU for collaboration on Joint Studies in Telecom Technologies (See 'Corp Brief') MoS urges Indian Diaspora in Baku to Mentor, Invest, and Shape India's Future (See 'Corp Brief') India Responding to Global Textile Demand with Strength and Confidence: MoS (See 'Corp Brief') 60-40 model to be adopted in Sports with 60% Focus on HRD: Scindia (See 'Corp Brief') Misc - When election process was initiated by notifying election and subsequently commenced, writ petition is not maintainable against it without exhausting alternate remedy: HC (See 'Legal Desk') Our goal must be to make natural farming a fully science-backed movement: PM (See 'Corp Brief') AIM, CFA Institute India forge strategic partnership to boost financial literacy (See 'Corp Brief') Indigenous 'CRISPR' based gene therapy launched for Sickle Cell Disease (See 'Corp Brief') PMLA - Question of substitution of attached property by way of any cash deposit or fixed deposit does not arise, if said property directly/indirectly acquired are attached, but not attached as value thereof: SAFEMA (See 'Legal Desk') CCI allows India Resurgence Fund to pick up equity in Digvijay Cement (See 'Corp Brief') CCI okays merger of ADES International Cayman, with and into Shelf Drilling (See 'Corp Brief') IBC - Assignment of loan by lender/bank to new entity does not necessarily require express consent of borrower, but knowledge by borrower would suffice: HC (See 'Legal Desk') Govt introduces new modalities under PMFBY to strengthen farmer protection (See 'Corp Brief') Second regional meeting of Urban Development Ministers held in Hyderabad (See 'Corp Brief') Trade Marks Act - New trade mark be struck off where it seeks to bank on existing goodwill accumulated by original trade mark & where original mark's owner has superior right over trade mark: HC (See 'Legal Desk') Reddy to inaugurate GSI's International Seminar in Jaipur (See 'Corp Brief') Joshi highlights role of technology in strengthening PDS and reaching the poorest (See 'Corp Brief') SAFEMA: If relative or associate of convict/detenue establish that property is not acquired with monies or assets provided by detenu, then properties of relatives/associates cannot be forfeited even if illegally acquired: SAFEMA (See 'Legal Desk') Mandaviya inaugurates EPFO's first-ever Modernised Digital Pavilion at IITF 2025 (See 'Corp Brief') NHAI takes Initiative to Publish Updates for Underbidding Projects on Website (See 'Corp Brief') India, Russia hold High-Level Interagency Consultations in New Delhi (See 'Corp Brief') Gati Shakti Vishwavidyalaya, DRDO sign MoU to develop Smart Tech Solutions (See 'Corp Brief') Misc - Legal heirs who are guilty of misconduct disentitles them to seek indulgence of Court to condone delay: HC (See 'Legal Desk') India unveils ARKA-GKT1, First Generation Energy-Efficient Edge Silicon Chip (See 'Corp Brief') MSME, KVIC, COIR and NSSH Pavilions inaugurated at Trade Fair (See 'Corp Brief') India highlights Rapid Telecom Transformation; Urges Collaborative Cybersecure Future (See 'Corp Brief') 5 institutes of Ministry of Earth Sciences brought under single umbrella (See 'Corp Brief') From Markets to Monuments: Advancing Clean Toilets and Hygienic Spaces (See 'Corp Brief') Capital Market - Fact that transactions in particular contract were reversed with same counterparty for same quantity of units, indicates prior meeting of minds with view to execute reversal trades at pre-determined price: SEBI (See 'Legal Desk') Puri visits Hanwha Ocean's shipbuilding facility in South Korea (See 'Corp Brief') IPR - Mere fact that any mark consists of numbers does not, in itself, make it unregistrable: HC (See 'Legal Desk') IndiaAI Zone unveiled showcasing India's Journey from Action to Impact (See 'Corp Brief') IPR - Counterfeiting not only harms brand reputation but also misleads consumers, making strict legal action necessary to deter such unlawful practices: HC (See 'Legal Desk') Puri holds Shipbuilding Meetings to boost India's Maritime Vision (See 'Corp Brief') Company Law - Company can prosecute any of its officers and when any officer of Company is to be prosecuted, then Section 439 of Companies Act would not be applicable: HC (See 'Legal Desk') AAI showcases future of Aviation at 44th India International Trade Fair 2025 (See 'Corp Brief') IPR - Mere identity or similarity of mark, of which registration is sought, and earlier mark, is not sufficient as ground to reject registration application: HC (See 'Legal Desk') India-Canada Ministerial Dialogue on Trade and Investment concludes (See 'Corp Brief') Misc - Remedy for recovery of money instituted under Article 226 of Constitution of India is not intended to enable claimant to recover monies, recovery of which by suit is barred by limitation: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

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