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HomePosts Tagged "climate change" (Page 2)
Agro Universities, Agrotech, Environment, Sustainability

The seminar registered participation by more than 500 participants

The ICAR-Indian Institute of Millets Research, Hyderabad in collaboration with the Karnataka Agri-Professionals Association (KAPA) recently organised a National Seminar-cum-Webinar on ‘Climate Change Concerns: Challenges for Agriculture Sector and Food & Nutrition Security.’

Dr Jaqueline Hughes, Director General, ICRISAT, Patancheru, Telangana delivered the Keynote Address and Dr CL Laxmipathi Gowda, Former Deputy Director General, ICRISAT chaired the inauguration session.
Dr Ramesh Kalghatagi, President, KAPA outlined the functioning of the KAPA.

Dr Himanshu Pathak, Director, ICAR-National Institute of Abiotic Stress Management, Baramati, Maharashtra delivered the valedictory address on “Emerging Technologies and Innovations for Addressing Climate Change in Agriculture”.

Earlier, delivering the welcome address, Dr Vilas A. Tonapi, Director, ICAR-IIMR, Hyderabad underlined the main objective of the National Seminar-cum-Webinar.
The seminar registered participation by more than 500 participants from ICAR Institutes, ICRISAT, state agricultural universities and private sector companies from all over the country.

The seminar registered participation by more than

Environment, Nature, Sustainability, Uncategorized

Announced its commitment to become net-zero by 2030 in addition to defining a target to mobilise up to 1 billion credits within the next five years

EKI Energy Services Ltd (EKIESL) announced its strategic plans in preparation for COP27. Charting a new roadmap for the financial year 2022-23 to gear up its continued focus on climate action, EKI unveiled a new brand identity and new brand positioning of ‘Steering the planet to net-zero’. The company also announced its commitment to become net-zero by 2030 in addition to defining a target to mobilise up to 1 billion credits within the next five years (by 2027).

The new identity highlights that brand EKI is gearing up to take the role of being a major contributor to climate action as it navigates the world to a greener tomorrow. The new logo reflects the vision by combining the green and blue colours of the planet with a leaf at its heart to symbolise its efforts for the restoration of nature across the globe. With its net-zero commitment, the company will take climate action in India to newer heights by enabling the country to fast-track its stride to its net-zero commitment by the year 2070.

The company’s definitive target to contribute 1 billion credits by 2027 will play a significant role to meet the world’s requirement of 58 billion credits per year to enable temperature capping, which is an urgent and critical measure to save the planet.

Manish Dabkara, CMD & CEO, EKI Energy Services said, “With a deep passion for climate change, we have driven targeted efforts in the last 6 months since COP26. As we plan for this financial year and gear up for COP27 which is about six months from now, we want to accelerate climate action to full throttle and step up our strategic efforts manifold. Our renewed commitments will enable us to take greater charge of steering the planet to net-zero even as we create history by becoming a service provider who leads by example to inspire a million others in this quest.”

Announced its commitment to become net-zero by 2030 in

Agrotech, Finance

The new fund will continue to invest in early-stage start-ups developing breakthrough technologies for agriculture, food, climate, and the rural economy

Omnivore, India’s leading agritech venture capital firm, announced that the launch of its third fund, with a target corpus of $130 million (Rs 1000 crore). The new fund will continue to invest in early-stage start-ups developing breakthrough technologies for agriculture, food, climate, and the rural economy. Omnivore generally invests in Seed, Pre-Series A, and Series A rounds, with follow-on capital for future growth. 

Originally founded by Jinesh Shah and Mark Kahn in 2010, Omnivore pioneered agritech investing in India, and over the past decade has backed over 35 start-ups which are making farming more profitable, resilient, sustainable, and climate-proof.  Omnivore is targeting a first close of the new fund by September 2022 and a final close by June 2023.  With this new fund, Omnivore expects to make 25 to 30 new investments over the next four years, continuing to fund entrepreneurs building the future of Indian agriculture and food systems. 

Omnivore Fund 3 will have a sharper focus on catalysing climate action in agriculture, backing start-ups addressing both climate mitigation (reducing India’s GHG emissions) and climate adaptation/resilience (securing a future for India’s farmers).  Along these lines, earlier this year, Omnivore launched the OmniX Bio initiative to provide additional support to agrifood life science startups, initially targeting the fields of agricultural biotechnology, novel farming systems, bioenergy and biomaterials, as well as innovative foods, including alternative protein.  With the new fund, Omnivore aims to deepen the reach and impact of OmniX Bio, and help reboot the agrifood life sciences ecosystem in India.

Mark Kahn, Managing Partner of Omnivore, stated, “For over a decade now, we have been a part of the evolution of the agritech ecosystem in India. Through Omnivore’s investments, we have touched the lives of almost 7 million smallholder farmers, improving their profitability and resilience, while creating value for our investors.  We believe agritech is just getting started, and we look forward to supporting a new generation of entrepreneurs building a future for rural India.”

The new fund will continue to invest

Agrotech, Sustainability

The report shares insights into sustainability transformation as the company drives action across its four strategic priorities of advancing soil health and soil carbon sequestration through smart solutions

AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has recently released its 2021 Sustainability Report.

“In 2020, we established AGCO’s sustainability strategy and have made meaningful progress in 2021 against our goals,” said Eric Hansotia, AGCO’s Chairman, President and CEO. “These early results have confirmed that our commitment to precision agriculture innovation places us on the right path to addressing sustainability.”

The report shares insights into sustainability transformation as the company drives action across its four strategic priorities of advancing soil health and soil carbon sequestration through smart solutions; decarbonising our operations and products; elevating employee health and safety; and prioritising animal welfare in food production. It represents a significant step forward in measuring and demonstrating our progress against our goals and commitments set in 2020, including:

  • Completing a global climate risk assessment and disclosing against the Task Force on Climate-related Financial Disclosures (TCFD) framework in inaugural TCFD report.
  • 13 per cent reduction in GHG emission intensity (scope 1 and 2)
  • 52 per cent renewable electricity use, up from 40 per cent and 32 per cent renewable energy use, up from 27 per cent.

“Our 2021 Sustainability Report shows AGCO is committed to accelerating progress in sustainability into our design, manufacturing, and distribution of smart agricultural solutions across the entire value chain,” said Roger Batkin, Senior Vice President, General Counsel, Chief ESG Officer, and Corporate Secretary.

The report shares insights into sustainability transformation

Environment, Nature

The country needs to take multitude approaches to address COP 26

While addressing a webinar on ‘Climate Change: Challenges and Response (for Scientists & Technologists)’, Dr Akhilesh Gupta, Sr Adviser Department of Science & Technology (DST), Government of India highlighted that, “India needs to take multitude of approaches to address COP 26 (Cooperation of Partnerships 26) announcements made recently by the Prime Minister Narendra Modi.”

The 5-day online training programme at the Centre for Disaster Management (CDM), Lal Bahadur Shastri National Academy of Administration (LBSNAA), Mussoorie, is being supported by DST.

“Bringing economy’s carbon intensity down to 45 per cent by 2030 is achievable with some major initiatives on Electric vehicle and green Hydrogen energy. Fulfilling 50 per cent of India’s energy requirement through renewable energy by 2030 is also achievable as India already achieved 40 per cent share of renewable energy. Reducing 1 billion tonnes of carbon emissions by 2030 is challenging as India will have to cut down its carbon emissions by nearly 22 per cent. The biggest challenge for the country is to achieve carbon neutrality by 2070, which would entail scaling up of renewable energy production by several-fold.” Added Dr Akhilesh Gupta.

Dr Gupta informed that according to the Climate Change vulnerability ranking of states carried out by DST, the 8 most vulnerable states are Jharkhand, Mizoram, Orissa, Chhattisgarh, Assam, Bihar, Arunachal Pradesh, and West Bengal – all in the eastern region, and there is a direct relationship between poverty and low HDI with the vulnerability of a place.

The country needs to take multitude approaches