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CleanTech

Global investors are pouring more money into climate tech


Global investment in green technology for the first three quarters of the year has already surpassed all of 2024. The fortunes of the sector have been in decline for three years, but explosive energy demand fueled by data centers has sparked a reversal.

Private and public investors worldwide channeled as much as $56 billion into green businesses ranging from clean energy to storage and electric vehicles during the nine months ending in September, according to a new BloombergNEF report. By contrast, the climate tech industry snagged less than $51…



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by The Economic Times

As sustainability evolves from a boardroom priority to a consumer expectation, packaging has quietly become the next frontier of India’s green transition. With single-use plastic bans tightening and eco-consciousness deepening among urban consumers, demand for bio-based, compostable materials is rising across the food, fast-moving consumer goods (FMCG), and hospitality sectors. According to industry estimates, India’s sustainable packaging market is expected to grow at over 18% annually, driven by new regulations under the Plastic Waste Management… Source link

by The Economic Times

BELÉM, BRAZIL: As the United States torpedoes climate action and Europe struggles to realise its green ambitions, a surprising shift is taking hold in many large, fast-growing economies where a majority of the world’s people live. Countries like Brazil, India, and Vietnam are rapidly expanding solar and wind power. Poorer countries like Ethiopia and Nepal are leapfrogging over gasoline-burning cars to battery-powered ones. Nigeria, a petrostate, plans to build its first solar-panel manufacturing plant. Morocco is creating a battery hub to supply… Source link

by The Economic Times

Promoting sustainable farming is central to our agricultural strategy, says Yashika Singh, Chief Corporate Affairs Officer and Head of Sustainability, PepsiCo India & South Asia. In an interaction with ET Digital, Singh highlights the range of sustainable initiatives undertaken by PepsiCo India to support farmers through technology, training, and improved market access. She notes that, globally, PepsiCo aims to implement regenerative farming practices that improve soil health, optimise water use, and strengthen livelihoods across 10 million acres by… Source link