Kolkata: In April 2022, IIM Calcutta’s Centre for Development and Environment Policy (CDEP) launched a new initiative - Building Roadmaps for Industrial Decarbonisation and Green Economy (BRIDGE). Broadly, BRIDGE has three interrelated objectives: first, contribute to the creation of knowledge and knowledge bases on how to accomplish an effective and just carbon transition, second, build awareness and train executives of public and private energy firms in evolving best practices on transition in India and other developing nations, and third, build awareness and expertise among postgraduate students and encourage doctoral research on low carbon transition finance and strategy.
The first training programme under the BRIDGE Initiative was conducted for NTPC in April 2022. Subsequent editions of the training programme have been planned for NTPC, Coal India and ONGC.
Towards the objective of contributing to the creation of knowledge and knowledge bases, the Initiative’s flagship activity is the publication of an Annual Report on pathways of transitioning to low carbon for industry in India and developing countries. While the findings of the annual reports will have a clear policy orientation, their primary objective is to help formulate a research agenda for developing pathways towards transition to low carbon for industry and creating knowledge support systems to enable the transition. Thus, it aspires to be a one-stop shop for anyone looking for extant and evolving knowledge, both in terms of theory and its applications, related to transition to low carbon for industry in India. This could help towards providing pointers for other countries in the global south while learning from them at the same time.
For the year 2022-23, the theme of the report is ‘Transitioning away from Coal for Energy generation’. To initiate the task of formulating the first report, a two-day roundtable discussion was held in the IIM Calcutta campus in Joka on May 16 and 17, 2022. The roundtable was attended by more than 30 contributing researchers and policy practitioners representing 20 organisations involved in the entire spectrum of decarbonisation activities. The slated date for the launch of the first Annual Report is March 2023.
The Climate Policy Initiative (CPI), International Institute for Sustainable Development (IISD) and the Stichting SED Fund are CDEP’s partners in the BRIDGE initiative.
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