{"id":252826,"date":"2023-07-20T21:28:25","date_gmt":"2023-07-20T15:58:25","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=252826"},"modified":"2023-08-31T11:48:50","modified_gmt":"2023-08-31T06:18:50","slug":"use-contextual-tools-and-models-to-catalyse-our-climate-transition","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/use-contextual-tools-and-models-to-catalyse-our-climate-transition\/","title":{"rendered":"Use contextual tools and models to catalyse our climate transition"},"content":{"rendered":"\n

Source:<\/strong> The post is based on the article \u201cUse contextual tools and models to catalyse our climate transition<\/strong>\u201d published in \u201cLive mint\u201d on 20th July 2023.<\/p>\n

Syllabus:<\/strong> GS 3- Conservation, environmental pollution and degradation, environmental impact assessment<\/p>\n

News:<\/strong> In this article the author discusses the importance of genuine and long-term business strategies in the climate transition, warning against short-lived tactics and emphasizing that eco-friendly investments are beneficial.<\/p>\n

About carbon emissions data<\/strong><\/h2>\n

Global Carbon Emissions:<\/strong><\/p>\n

Economic systems are now accounting for the cost of greenhouse gas (GHG) emissions.<\/p>\n

Transition to a low-carbon economy is driven by various stakeholders.<\/p>\n

Electric vehicles are a solution to replace traditional combustion engine vehicles.<\/p>\n

Rice cultivation contributes 10% of global methane emissions, a GHG 25 times stronger than CO2.<\/p>\n

India’s Carbon Emissions:<\/strong><\/h2>\n

India ranks as the third-largest emitter worldwide.<\/p>\n

Per capita emissions in India are one-fifth the global average.<\/p>\n

With a growing middle class and manufacturing base, India’s emissions will rise.<\/p>\n

What should be done to effectively catalyze the climate transition?<\/strong><\/h2>\n

Adopt Low-Carbon Technologies:<\/strong> Embrace alternatives for carbon-heavy industries to reduce emissions. Electric vehicles can replace traditional combustion engine vehicles, minimizing automotive emissions.<\/p>\n

Implement Digital Solutions: a)<\/strong> Optimizing supply chains can reduce carbon footprints, b)<\/strong> A McKinsey report highlights that 80% of an organization’s emissions come from its supply chain<\/strong>, signifying the importance of this optimization, c)<\/strong> Digital tools can monitor production processes, decreasing inefficiencies and waste, thus cutting emissions.<\/p>\n

Encourage Innovative Food Production<\/strong>: Adopt technologies like CRISPR for different food production methods. Like, String Bio is a model example, using methane-based synthetic biology to improve rice yields by 30-40% while decreasing methane emissions by 60%.<\/p>\n

Reduce Food Waste: a)<\/strong> It’s tied to 8-10% of all annual GHG emissions<\/strong>, b)<\/strong> Digital-enabled supply chains can help match demand with supply for perishable items, reducing waste rates to single digits.<\/p>\n

Develop the Carbon Accounting Market: a)<\/strong> Transition from legacy accounting systems that overlook the costs of earth’s resources, b)<\/strong> The potential growth of the carbon accounting market is vast, with estimates suggesting a leap from $12 billion to $65 billion by 2030<\/strong>, c) <\/strong>Use software and hardware-led methods for scalable and authentic carbon measurement and reporting.<\/p>\n

Promote Transparency and Accountability:<\/strong> Business opportunities in climate transition should prioritize transparency to counteract short-term opportunistic strategies like greenwashing.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cUse contextual tools and models to catalyse our climate transition\u201d published in \u201cLive mint\u201d on 20th July 2023. Syllabus: GS 3- Conservation, environmental pollution and degradation, environmental impact assessment News: In this article the author discusses the importance of genuine and long-term business strategies in the climate… Continue reading Use contextual tools and models to catalyse our climate transition<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[59,216,10501],"class_list":["post-252826","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-environment","tag-gs-paper-3","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700425687},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/252826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=252826"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/252826\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=252826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=252826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=252826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}