MoEFCC Issues Revised GEI Targets for Iron & Steel Sector Under CCTS for 2026-27

MoEFCC Amends GHG Emission Intensity Targets for Refineries & Textiles Under CCTS, Drops 2025-26 Compliance Year

The Ministry of Environment, Forest and Climate Change has amended legally binding GHG emission intensity targets for petroleum refineries and textile units, revising baselines for seven IOC refineries and removing 2025-26 compliance targets. This creates uncertainty in India's domestic carbon market (CCTS) as industries face shifting deadlines, affecting long-term investment planning.

15th FC Air-Quality Grant: BMC Spends ₹573.88 Cr, but Mumbai Clean Air Rank Falls to 28th

BMC spent 92.54% (₹573.88 Cr) of the 15th Finance Commission's air-quality grant, but Mumbai's clean air ranking slipped to 28th from 25th. The bulk (79.56%) went to electric buses, yet BEST's fleet shrunk and half the buses are undelivered. This is a classic case of misaligned spending – examiners will ask why funds meant for pollution mitigation were diverted without addressing local hotspots.

India Crosses 300 GW Non-Fossil Fuel Capacity, Targets 60% by 2035 Under Revised NDC

India has crossed 300 GW of non-fossil fuel electricity capacity (July 31, 2026), achieving 60% of its 500 GW target for 2030. The government has also revised its NDCs for 2035, targeting 60% non-fossil capacity and a 47% reduction in emissions intensity. This milestone is critical for UPSC Environment and Economy syllabus.

Indian Railways Achieves 99.6% Electrification, Targets Net-Zero Carbon by 2030

Indian Railways has achieved 99.6% broad gauge electrification as of March 2026, positioning itself to meet the net-zero carbon target by 2030. This transition involves renewable energy integration, green hydrogen trains, and structural financing reforms, impacting India's climate commitments and energy security.

India Crosses 300 GW Non-Fossil Capacity, Targets 500 GW by 2030; Solar Leads at 164.59 GW

India has crossed 300 GW non-fossil fuel capacity (300.50 GW as of July 31, 2026), accounting for over 54% of total installed capacity. Solar power leads at 164.59 GW. The country is on track for 500 GW by 2030. Key schemes like PM Surya Ghar have benefited 19 lakh households with zero electricity bills. This milestone is crucial for exams on energy transition, climate policy, and government schemes.

UK Recognises India's Carbon Credit Trading Scheme (CCTS) Under CBAM for Carbon Price Relief

The UK has officially recognised India's Carbon Credit Trading Scheme (CCTS) as a qualifying carbon pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM). This allows UK importers of eligible Indian goods to claim carbon price relief, reducing the tax burden on Indian exporters and avoiding double taxation.

ICAI Issues SSA 5000 for Sustainability Assurance, Effective April 1, 2027

ICAI has issued SSA 5000, a new standard for sustainability assurance effective April 1, 2027, aimed at bringing audit-like discipline to ESG disclosures and combating greenwashing. This is a critical regulatory shift for listed companies and the growing sustainability consulting market.

India's Next Energy Transition: Electrifying Industrial Heat for MSMEs, Manufacturing Competitiveness

India's next energy transition phase targets electrifying industrial heat, especially for MSMEs, to boost manufacturing competitiveness, energy security, and decarbonisation. The article draws a parallel with the solar PV revolution and calls for a coordinated ecosystem of policies, financing, and cluster-level planning to scale the transition.