Environment & Clean Energy

India is currently experiencing a spurt in construction activities again after COVID-19 2.0. Highways, over-bridges, underpasses, malls, SEZs, and housing complexes are coming up across the country, putting strain on the environment and the ecology. Vast areas once under cultivation are turning into concrete jungles. The concept of environment-friendly or "green" buildings has not been picked up widely, and the shift from conventional construction to green construction — along with the integration of clean energy solutions like solar and energy-efficient systems — is yet to materialize at scale. This is largely due to cost considerations and a lack of dissemination of knowledge concerning the technique, technology, and materials. Buildings are known to consume a major share of energy in construction and maintenance, responsible for about 25-40% of energy consumption, 30-40% of material resource consumption, 30-40% of waste production, and 30-40% of the greenhouse gas released globally.

Inefficient and improper garbage disposal systems, shortage of water, and other civic services are imposing an unbearable burden on urban and city life. As the Paris Climate Change Agreement was officially signed by all 196 participating nations, signaling a global shift towards a low-carbon economy in the 21st century, businesses should seize the opportunity to significantly adjust business models toward low-carbon production, product-service systems, cradle-to-cradle design, industrial ecology, and greater adoption of renewable and clean energy sources. Businesses can expect increasing regulation with regard to disclosure, transparency, and carbon markets.

To meet the growing demand for sustainable goods and services, businesses around the world are innovating and developing new ways of doing business — including scaling up clean energy adoption across sectors. Indian businesses across all sectors must innovate and improve upon existing business practices, particularly around energy efficiency and clean power, to remain internationally competitive.

There is a huge opportunity for future-focused business leaders as the globe transitions to a low-carbon, clean energy future. The Paris Agreement allows individual countries flexibility in determining their carbon reductions and gives businesses a greater role in setting the agenda for this transition. This shift from a "top down" to a "bottom up" approach has created significant opportunities for innovation, positioning, restructuring, and growth in new markets — especially in renewable energy, energy storage, and clean-tech infrastructure. Businesses have the opportunity to engage in dialogue with governments to enable achievement of commitments. Our expert consultants can help governments and businesses meet the challenges posed by energy security and climate change, while delivering sustainable, clean energy-driven solutions that maximize the benefits for our clients. We provide expertise not only in India but across both developed and developing countries.