The world’s second most populous country, as well as one of the most significant emitters of greenhouse gases, is attempting to meet net zero targets, and this is demonstrated by the recent Energy Conservation Amendment Bill 2022, which promotes non-fossil energy sources while simultaneously introducing and encouraging the market of carbon credits.
There have been numerous fervent investment and charitable interests lately. For instance, Yvon Chouinard, the founder of Patagonia, pledged that any revenues from the company, up to $100 million a year, would be used to fight climate change. Microsoft founder Bill Gates recently gave $20 billion to efforts to address social and environmental issues worldwide.
Keep an eye on India’s Climate Tech Sector if you aree a global venture capitalist looking for a place to invest your money.
