Smaller firms make 40 per cent of India’s steel and are the backbone of cities like Raipur. Some are exploring solar power, but face big constraints to make a deeper shift from coal.
Growing water stress is creating financial and supply chain risks for businesses, with many companies still lacking systems to assess and manage their exposure.
Participating factories emit up to 30 per cent less particulate pollution than non-market counterparts. But can the scheme work in Rio’s vastly different context?