H2 Revolution
The term “Green Transition” refers to the process of shifting from traditional, carbon-intensive practices and technologies to more sustainable, environmentally friendly alternatives. This transition encompasses changes across various sectors, including energy, transportation, agriculture, and manufacturing, with the aim of reducing greenhouse gas emissions, promoting renewable energy sources, enhancing energy efficiency, and conserving natural resources.
The green transition is often driven by the need to address climate change and its impacts, as well as to foster sustainable economic growth and resilience. Key components of this transition may include the adoption of clean energy technologies, the implementation of sustainable urban planning, the promotion of circular economy principles, and the development of green jobs. It requires collaboration among governments, businesses, communities, and individuals to create policies and practices that support environmental sustainability.
Ultimately, the green transition seeks to create a more sustainable future by balancing economic development with ecological integrity, ensuring that both current and future generations can thrive in a healthy environment.
India's Ministry of Ports, Shipping, and Waterways is actively working on establishing a dedicated Maritime Development Fund to support the green transition of the country's shipping sector. The fund aims…