News on Medial

Startups: Key To Economic & Geopolitical Risk Mitigation Through Circularity

Inc42Inc42 · 8m
Startups: Key To Economic & Geopolitical Risk Mitigation Through Circularity

The growth of renewable energy is driven by advancements in solar and wind technologies available through startup-led markets worldwide. However, most of India's energy still comes from coal, making up 80% of the energy mix. This dependence on coal and limited supply of energy transition materials pose economic and geopolitical risks. Material circularity, achieved through initiatives like battery recycling and repurposing startups, can mitigate these risks and ensure energy security. Various international initiatives are also promoting sustainable practices in the energy sector. Startups are crucial in driving innovation and accelerating the adoption of new technologies in the transition to a circular economy.

Comments

Download the medial app to read full posts, comements and news.