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“The Economic Imperative of Tackling Plastic Pollution: Toward a Clean and Sustainable Economy”
“The Economic Imperative of Tackling Plastic Pollution: Toward a Clean and Sustainable Economy” The ubiquitous character of plastic, once seen as a miracle material for its versatility and durability, has become one of the most pressure environments and financial challenges of our time. From the deepest sea tombs to the highest mountain peaks, plastic pollution,…
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“Energy Security and Global Development: The Crisis of Petroleum Dependence and the Need for Sustainable Resoource Management”
“Energy Security and Global Development: The Crisis of Petroleum Dependence and the Need for Sustainable Resource Management ” The 21st century unfolds against a backdrop of unprecedented global interconnectedness and ambition for widespread development. Yet, this very progress is inextricably linked to a resource that has fueled industrialization and shaped geopolitical landscapes for over a…
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How Rolls-Royce’s UltraFan Engine Revolutionizes Efficiency?
The aviation industry faces a pressing challenge: balancing the undeniable thrill and economic benefits of air travel with its environmental impact. Fuel consumption and emissions are major concerns, and innovation is crucial to ensure a sustainable future for flight. In this quest for progress, Rolls-Royce’s UltraFan engine emerges as a game-changer. This revolutionary technology isn’t…
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How Carbon Tax Promote Sustainable Resource Management and Influence Macroeconomic Variables?
How Carbon Tax Promote Sustainable Resource Management and Influence Macroeconomic Variables? The world experienced rapid expansion and technological advancement from last 100 years in different sectors like business, trade, banking, infrastructure, etc. However, it creates certain envirnmental challenges — global warming, ozone layer depletion, deforestration, water crisis, etc in certain areas. And therefore there is need to…
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“Green Hydrogen Investments: A Pivotal Path to GHG Emission Reduction and Sustainable Development” In the face of escalating climate change challenges, the urgency to transition towards renewable and sustainable energy sources has never been more pronounced. With greenhouse gas (GHG) emissions continuing to soar to unprecedented levels, the imperative to decarbonize our energy systems has…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 