What’s new At Fitsol?
Introducing 2°Talks – A Fitsol Podcast
In a world where climate urgency is rising, 2° Talks brings bold conversations with climate leaders, clean energy pioneers, and changemakers shaping a sustainable future. Fitsol is introducing its new podcast to spark critical dialogue on climate innovation, policy, and impact. From real stories to actionable insights, each episode breaks down what matters and why.
Tune in on Spotify and YouTube and be part of the change!
On the Agenda: Events & Panels Featuring Fitsol
You’re Invited: Powering India’s Net-Zero Future through CCTS
Fitsol, in collaboration with Mission LiFE (Ministry of Environment, Forests & Climate Change, Government of India) and the PHD Chamber of Commerce and Industry, Centre for Sustainability & Carbon Market Forum, invites you to a high-impact webinar exploring India’s newly launched Carbon Credit Trading Scheme (CCTS). This session will break down the strategic framework of CCTS and its potential to drive measurable emissions reductions across industries. Gain real-world insights from leading voices in sustainability, including Monika Shrivastava (JSW Cement), Atik Sheikh (Aditya Birla Group), and Meenakshi (Bureau of Energy Efficiency - BEE), as they share practical approaches to industrial decarbonization. We thank our partners for their continued support and look forward to enabling a future built on smart, scalable climate action.
Date: Friday, 25th July
Time: 4:00 PM – 5:30 PM
Venue: Online (Register here: https://lnkd.in/gTrcHkyy )
Fitsol Joins as Judge at Future 5.0: Climate Action
We’re proud to share that Fitsol has been invited to judge Future 5.0: Climate Action, a flagship event hosted by the CII Yi YUVA Student Council in collaboration with the IIC and UHV Club of RDIAS. This initiative empowers students to tackle pressing climate challenges through innovation and collaboration.
The event will feature problem-solving around key sustainability issues including urban heat mitigation, water conservation, and e-waste management. We look forward to engaging with the next generation of climate leaders and supporting youth-led climate action.
Venue: RDIAS Campus, Delhi
Date: Monday, July 21, 2025
Time: 11:00 AM – 1:00 PM
Around the World: Trends Shaping Climate & Business
Saudi Arabia Targets 50% Renewable Electricity by 2030
In a move to expand its renewable energy generation capacity, Saudi Arabia has come up with a plan to invest $8.3 billion in the sector. This is aimed at reaching its goal of generating 50 per cent of electricity from renewable energy sources by 2030. The money is intended to go to the development of five solar power plants and two wind farms. As of now, a majority share of the electricity is coming from oil and gas fired plants. However, these sustainable ambitions are sure to change this soon. It recorded 4.34 gigawatts (GW) of solar capacity in 2024, and plans to plans to reach 130 GW of solar and wind energy by 2030.
Source: KnowESG
EU Faces Scrutiny Over Rollback of Sustainability Rules
In a bold move, European Ombudsman Teresa Anjinho has launched a formal inquiry into the European Commission’s preparation of its Omnibus I proposal, which aims to scale back key sustainability regulations for businesses. The probe questions why the Commission bypassed essential procedural steps, such as an impact assessment, climate consistency review, and public consultation, all mandated under the EU’s Better Regulation Guidelines and the European Climate Law. The Commission has been given until 15 September 2025 to respond, with no extension to be granted, signaling the seriousness of the oversight concerns.
Source: ESG News
Australia Approves Sector-Wide Push for Sustainable Finance Innovation
The Australian Sustainable Finance Institute (ASFI) and a group of industry partners have received a five-year green light from the ACCC to collaborate on sustainable finance initiatives. The partnership aims to integrate natural capital data, support sustainable agriculture, and help meet Australia’s emission reduction targets. To ensure fair market practices, the ACCC has outlined five conditions to prevent anti-competitive behavior. This marks a significant step toward aligning Australia’s finance sector with long-term environmental goals.
Source: ESG News
India achieves 50% non-fossil power ahead of five years ahead of 2030 clean energy target
India has announced that over half of its total installed electricity capacity now comes from non-fossil fuel sources, achieving its 2030 Paris Agreement target five years early. This marks a strong shift toward clean energy, driven by record solar and wind additions in 2024 and early 2025. In the first half of 2025, renewable power output rose at its fastest pace since 2022, even as coal-fired generation declined by nearly 3%. While fossil fuels still dominate total generation and expansion plans include 80 GW more coal capacity by 2032, India is also investing in battery storage, circularity in renewables, and green hydrogen to deepen decarbonization.
Source: Reuters
Global Climate Leaders Urge AI, Crypto Taxation for Sustainability Funding
Governments should consider taxing artificial intelligence and cryptocurrencies to help fund climate action, according to Laurence Tubiana, chief executive of the European Climate Foundation and a key architect of the Paris Agreement. As co-lead of the Global Solidarity Levies Task Force, Tubiana emphasized that these energy-intensive sectors remain largely unregulated and could serve as new revenue sources to tackle the climate crisis. The task force is exploring ways to tax high-emission activities such as aviation, fossil fuel extraction, and now emerging digital industries, to build sustainable climate financing mechanisms.
Source: The Guardian
As the number one decarbonization solutions provider, Fitsol is proudly setting the standard for credible, tech-driven climate action across the carbon value chain. Join us as we take charge in redefining sustainability for a greener tomorrow.