Tamil NaduEnvironment
Tamil Nadu plans four-district decarbonisation drive, Rs 1,000-crore Green Climate Fund
Tamil Nadu announced decarbonisation plans for four districts, a Rs 1,000-crore Green Climate Fund, and passive-cooling building guidelines that could cut energy demand by about 30% over a building's lifetime.
At the CII Tamil Nadu Sustainable Manufacturing Summit, the state government outlined several climate initiatives. Bakan Jagdish Sudhakar, CEO of the Tamil Nadu Green Climate Company, said the state is working on decarbonisation plans for four districts. He also said a Rs 1,000-crore Green Climate Fund has been initiated, with an initial Rs 100-crore commitment from the state government and the remaining corpus proposed to be raised from the market to support businesses in areas including energy transition, the circular economy, and recycling. The CEO highlighted the state's recently launched passive-cooling guidelines for buildings, which he said could reduce energy demand by around 30% over a building's lifetime. The guidelines would require an incremental investment of about Rs 300 per square metre during construction, with the investment expected to be recovered through lower energy use, though the article did not specify the payback period.
Tamil NaduEnvironment
Tamil Nadu plans four-district decarbonisation drive, Rs 1,000-crore Green Climate Fund
Tamil Nadu announced decarbonisation plans for four districts, a Rs 1,000-crore Green Climate Fund, and passive-cooling building guidelines that could cut energy demand by about 30% over a building's lifetime.
At the CII Tamil Nadu Sustainable Manufacturing Summit, the state government outlined several climate initiatives. Bakan Jagdish Sudhakar, CEO of the Tamil Nadu Green Climate Company, said the state is working on decarbonisation plans for four districts. He also said a Rs 1,000-crore Green Climate Fund has been initiated, with an initial Rs 100-crore commitment from the state government and the remaining corpus proposed to be raised from the market to support businesses in areas including energy transition, the circular economy, and recycling. The CEO highlighted the state's recently launched passive-cooling guidelines for buildings, which he said could reduce energy demand by around 30% over a building's lifetime. The guidelines would require an incremental investment of about Rs 300 per square metre during construction, with the investment expected to be recovered through lower energy use, though the article did not specify the payback period.