Today, the transport sector accounts for almost a quarter of energy-based, polluting CO2 emissions, a share that is expected to grow. If no countermeasures are taken, CO2 emissions from the transport sector are projected to rise by about 70% between 2010 and 2050.
New research demonstrates that for every one tonne of CO2 emissions removed from the atmosphere through carbon offsetting, a further $664 of value is delivered in economic, social and environmental benefits to local communities around the world.
The guidebook aims to provide private sector to enhance their low-carbon businesses in India. As India aims to regain its economic growth momentum at the rate of about 9%, the demand for energy, particularly commercial energy, is expected to rise rapidly.