WEF Davos 2023: Adani Group Pledges To Grow 100 Million Trees By 2030

"Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world," Gautam Adani said

Topics

Gautam Adani | World Economic Forum | Davos

BS Reporter 



Photo: Bloomberg

Photo: Bloomberg

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

The will plant 100 million trees by 2030 as part of India’s commitment at Paris COP21 to create additional carbon sinks of 2.5-3.0 billion tonnes of carbon dioxide. The pledge was made at the in .

“Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world,” Group Chairman said.

The group's commitment at WEF is the largest pledge in India so far; the 100 million would include mangroves as well as terrestrial trees. The pledge was made on 1t.org the “Trillion Trees Platform” of the .

The has planted 29.52 million trees as a number of projects by the conglomerate focus on mangroves as many businesses are located along the coast. The group aims to have 37.10 million mangrove trees by 2030.


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Mon, January 16 2023. 22:37 IST


RECENT NEWS

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more

Stablecoin The Future Of Currency?

The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more