Question
Download Solution PDFWhich two organizations launched the book ‘Trading Blue Gold: A Blueprint for Water Credit Valuation in India’ at Raisina Dialogue 2025?
Answer (Detailed Solution Below)
Option 4 : Bisleri International and Observer Research Foundation
Detailed Solution
Download Solution PDFThe correct answer is Bisleri International and Observer Research Foundation.
In News
- Bisleri International, in collaboration with the Observer Research Foundation (ORF), launched a book on ‘Water Credits Valuation’ at Raisina Dialogue 2025.
- The book, titled "Trading Blue Gold: A Blueprint for Water Credit Valuation in India," aims to extend the water credit framework beyond the beverage sector.
Key Points
- Water Credits are a market-based mechanism promoting sustainable water management.
- Bisleri International has committed to being a water-positive company by replenishing more water than it extracts.
- The book was developed by Bisleri and ORF, with contributions from experts Nilanjan Ghosh and Soumya Bhowmick.
- The study reinforces sustainable water use and aligns with the "Lifestyle for Environment" (LiFE) initiative launched by the Hon’ble Prime Minister.
Additional Information
- Water Credits
- Similar to carbon credits, companies can purchase water credits to offset their water consumption.
- Credits are generated through conservation, rainwater harvesting, wastewater treatment, and efficient water use.
- Bisleri International Pvt. Ltd.
- India's leading packaged drinking water brand, established over 54 years ago.
- Operates 128 plants and has a strong distribution network across India and neighboring countries.
- Observer Research Foundation (ORF)
- A leading public policy think tank in India focused on development studies and sustainability.
- Collaborates with institutions to drive policy innovation and environmental research.
- Raisina Dialogue
- An annual conference hosted in India that brings together global policymakers and industry leaders.
- Focuses on addressing key challenges, including water sustainability and environmental conservation.