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Current Issue - Volume 18 Issue 12 (March 2026)
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Cover story
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| Green Hydrogen: A Silver Bullet for Decarbonization of Hard-to-Abate Sectors |
 Climate change remains humanity's most pressing challenge, driven by rising emissions from power, industry, and transport. Although renewables supply over 40 per cent of global electricity, sectors such as steel, cement, chemicals, aviation, and shipping continue to emit heavily. Dr M R Nouni highlights green hydrogen as a transformative solution. Produced using renewable energy, it offers a clean alternative where electrification is difficult. It can decarbonize ammonia and methanol production, support steelmaking, provide industrial heat, and fuel long-haul transport. While costs remain high, scaling and co-location are expected to improve competitiveness. India's National Green Hydrogen Mission targets 5 million tonnes by 2030, positioning green hydrogen as key to achieving net-zero goals.
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Feature |
| Deepening India's Secondary Market for Green Bonds: Opportunities, Challenges and a Strategic Growth Path |
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 In this article, Dr Ria Sinha says India's green bond market has grown significantly, reaching about USD 55.9 billion by 2024, but remains underdeveloped in secondary market liquidity and investor participation. While issuances by corporates, sovereigns, and municipalities have expanded climate financing, most bonds are held to maturity, limiting trading and price discovery. Weak liquidity, limited ESG mandates, and lack of supportive policies constrain the emergence of a "greenium." Strengthening secondary markets through benchmark issuances, market-making, tax incentives, and improved transparency is essential to mobilize private capital and support India's low-carbon transition.
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TERI Analysis |
| Union Budget 2026 Signals a Shift: From Farm Subsidies to Outcome-Driven Agricultural Research |
In this article, Dr Pushplata Singh highlights that the Union Budget 2026 for agriculture marks a decisive recalibration of India's farm policy, signalling a gradual transition from a subsidy-reliant, relief-driven approach to a more technology-enabled, outcome-oriented, and sustainability-focused growth paradigm. read
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Green Challenges |
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| From Framework to Function: India's Carbon Market Takes Shape |
The launch of the Indian Carbon Market (ICM) Portal at Prakriti 2026 marks India's shift from policy intent to implementation in climate action. Anchored in the Carbon Credit Trading Scheme (CCTS), it establishes a unified framework combining compliance, voluntary participation, and market incentives. Supported by robust MRV systems and digital infrastructure, the market aims to ensure transparency, credibility, and scalability. Positioned within evolving global mechanisms, it also drives green investment and economic transformation. While challenges remain, this milestone signals India's move towards a functional, globally relevant carbon market, says Manish Dabkara in this article.
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Special Report |
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| Why Kolkata Keeps Shaking: Unravelling the Science behind Recurrent Earthquakes |
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Earthquake tremors were felt in the city of Kolkata throughout the month of February 2026, prompting people to rush out of high-rise buildings onto the streets in panic. The tremors were experienced not only in Kolkata but also in neighbouring districts. Why has the state of West Bengal, including its capital Kolkata, been repeatedly affected by earthquakes? Dr Shamim Haque Mondal explores this question in the article.
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Pioneer |
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| Green Guardians: Community Action by The Hans Foundation for Fire-Safe Forests |
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The Hans Foundation's forest fire initiative in Himachal Pradesh highlights the power of community-led conservation. By mobilizing villagers through awareness campaigns, school activities, and cultural programmes, the project built a strong network of "Green Guardians." Training, mock drills, and toolkits enabled rapid fire response, while sustainable fodder practices reduced dependence on forest burning. Integrating traditional knowledge with modern strategies, 210 villages developed fire-focused action plans. The initiative demonstrates that empowered communities can effectively prevent forest fires, while future efforts aim to convert fire-prone pine needles into sustainable livelihood opportunities.
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In Conversation |
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| From Classrooms to Climate Leadership: Shaping India's Sustainability Future |
The Mehta Family Foundation (MFF) has been associated with the Indian Institute of Technology (IIT) system for over two decades. Today, MFF runs 8 Mehta Family Schools across 6 IITs in areas such as AI, biosciences, and sustainability; subjects core to India's future growth story. Here, we are in an exclusive email conversation with Rahul Mehta, Founder, Mehta Family Foundation and Prof. Pritee Sharma, Head of the Mehta Family School of Sustainability, IIT Indore.
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Special Feature |
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| Porites rus: Can a Coral Species Help Us Tackle Climate Change? |
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In January 2025, an international citizen science initiative recorded an astonishing synchronous spawning of a resilient coral species-Porites rus. The event is particularly significant, as Porites rus has been documented to be highly adaptable and capable of withstanding temperature fluctuations and bleaching events. Read on as Dr Rina Mukherji explores this remarkable phenomenon in greater detail...
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Wildlife |
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| Birding in Pará: A Day in the Heart of the Amazon Rainforest |
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Sharif Qamar's fascinating account captures a deeply personal journey into one of the world's richest ecological landscapes. Beginning near Belém in Brazil's Pará state during COP30 in November 2025, the narrative blends travel, birding, and reflection. From first sightings of hummingbirds to rare encounters like the Dot-eared Coquette, the experience unfolds as both an exploration of extraordinary avian diversity and a lesson in patience, endurance, and wonder. Through vivid encounters and local stories, the author reveals the Amazon not just as a biodiversity hotspot, but as a living, fragile ecosystem that leaves a lasting imprint on the observer. Keep reading to learn more…
Sharif Qamar's fascinating account captures a deeply personal journey into one of the world's richest ecological landscapes. Beginning near Belém in Brazil's Pará state during COP30 in November 2025, the narrative blends travel, birding, and reflection. From first sightings of hummingbirds to rare encounters like the Dot-eared Coquette, the experience unfolds as both an exploration of extraordinary avian diversity and a lesson in patience, endurance, and wonder. Through vivid encounters and local stories, the author reveals the Amazon not just as a biodiversity hotspot, but as a living, fragile ecosystem that leaves a lasting imprint on the observer. Keep reading to learn more…
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