Climate change clearly has two vital aspects – one is mitigation of greenhouse gas (GHG) emissions for low carbon growth and the other is adaptation to impacts of climate change on eco-systems and its services, assets and critical infrastructures and human beings.
In terms of mitigation, ever since the Climate Deal, as an outcome of the 21st Conference of Parties (COP 21) at Paris in 2015, was signed in 2016 by almost all countries across the globe with an overarching aim to limit the average global temperature rise in this century within 20C of the pre-industrial level, the focus of the Governments and the private companies have shifted towards more sustainable way of doing business in terms of smarter resource stewardship, supply chain risk assessment and an efficient system of Monitoring, Reporting and Verification (MRV) of measurable emission reduction targets.
In the space of adaptation, the focus of businesses is on assessing climate risk exposure of the critical assets, modelling of the climate drivers at both micro and macroeconomic levels and taking necessary measures to build a climate resilient economy.
Given the context, we can help you in a broad range of areas that include:
Our specific service offerings include:
Synopsis: We assisted an international donor agency and the Ministry of Environment and Forest of a neighboring country to prioritise climate change mitigation action plans in short, medium and long terms.
Synopsis: We advised an international developmental agency to develop a strategy for development of future carbon markets in India.
Synopsis: We advised an international developmental organization to develop national capacities of a neighboring country to identify, prioritize and appraise the costs of adaptation and mitigation in fragile mountain ecosystem services to reduce climate-induced disaster risks.
Partner and Leader, Sustainability and Responsible Business Advisory, PwC India
Tel: +91 124 330 6491