RBI Urges Adoption of Green Technologies in India's Cement Industry to Meet Net-Zero Goals

As India's urban population is set to increase significantly, the RBI highlights the need for the cement industry, a major carbon emitter, to adopt technologies like reverse calcination and carbon capture. This shift is crucial as the industry aims to reduce CO2 emissions by about 36% from 1996 to 2017 and further cut emissions by 2050. The RBI's report underscores the importance of aligning India's economic expansion with its climate commitments to support sustainable growth.