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India to launch ₹5,000 crore plan to cut steel sector emissions using clean tech and alternatives.
India plans to launch a ₹5,000 crore scheme to cut carbon emissions in its steel industry by promoting clean technologies and alternative materials.
The initiative, under consideration for a National Mission for Sustainable Steel, will cover all steelmakers, with most funds directed toward smaller producers.
Steel accounts for 12% of India’s greenhouse gas emissions, with higher emission intensity than the global average.
The scheme is expected to become operational in the coming months.
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India lanzará un plan de ₹ 5,000 crores para reducir las emisiones del sector siderúrgico utilizando tecnología limpia y alternativas.