Page 27 - Craftcil Feb 2024

seminars

detection and capability development among others. He Sharma has more than two decades of industry experience having
highlighted success stories on career engineering and sustainable worked in sectors like, Packaging, Textile, Retail, Telecom,
business growth- cultural transformation, customer centric Executive Education and Trainings. He has an MBA in Marketing
output. Mr. Sharma concluded with a slide on energy efficiency and HR. He has been associated with CII for more than a decade,
with a mention of EPCH’s initiative taken with CII about looking after industry capability development and
Competitive Nest Acceleration support for EPCH members. Mr. competitiveness enhancement initiatives.

Crafting a Circular Future: Navigating Sustainability and Carbon Impact

• Circular Economy Concept and Circular Economy Models • Carbon Impacts on Eco system
• Evaluation criteria for Environmental, Social, and Governance (ESG)
• Carbon Border Adjustment Mechanism (CBAM)

8th February 2024: Led by speakers, Mr. Manoj Kumar
Upadhyay(online) from Niti Ayog and independent
consultant, Mr. Noel Alexander Peters, this seminar covered
crucial topics concerning climate change, energy
consumption, circular economy principles, and policy
initiatives. Overall, the deliberations underscored the
importance of collaborative efforts among government,
Mr. Manoj Kumar Upadhyay, Dy. Adviser, Energy Vertical, NITI Aayog
industries, and communities to embrace sustainability and
circularity principles for a resilient, environmentally conscious India's Path Towards Net Zero: India possesses the potential
future.The session was graced by Mr. O P Prahladka, Convenor, to progress towards achieving net zero carbon emissions by
Eastern Region, EPCH; Mr. K L Ramesh, Convenor, Southern Region, leveraging advancements in technology, such as enhanced
EPCH; Mr. Ravi K Passi and Mr. Raj K Malhotra - COA members and carbon capture methods and ocean-based carbon sequestration.
Past Chairmen, EPCH; and Mrs. Priya Agarwal, President, IHGF Various scenarios, ranging from less ambitious to accelerated
Delhi Fair-Spring 2024 and was attended by several exporters approaches, were deliberated upon, underscoring the
and their personnel. significance of policy revisions and technological innovations.
Key points discussed by Mr. Manoj Upadhyay: Balancing the 'Energy Trilemma': Effectively managing the

Climate Change & Humanity: Human activities, particularly primary energy supply, ensuring the reliability of energy
burning of fossil fuels like coal, oil, and gas, play a significant role infrastructure, and satisfying both present and future energy
in exacerbating global climate change, resulting in an array of demands while upholding energy accessibility and affordability
adverse consequences, including heightened incidents of heat- are pivotal considerations. This necessitates enhancements in
related health problems, coastal flooding, biodiversity depletion, both supply-side and demand-side efficiencies, along with a
and other negative impacts. transition towards renewable and low-carbon energy sources.

Primary Energy Consumption by Source: On a global scale, India's Revised NDC Targets: India has established ambitious
fossil fuels dominate the energy consumption landscape, while objectives to accomplish by 2030, encompassing the
renewable energy and nuclear sources represent a smaller augmentation of non-fossil power capacity, reduction in emission
fraction. Similarly, in India, there exists a comparable trend, with intensity, and augmentation of carbon sinks through the
fossil fuels constituting a substantial portion, albeit slightly less expansion of forest and tree cover. The ultimate objective is to
than the global average. attain net-zero emissions by 2070.

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