Financial Analysis for a Changed World
Our expertise lies in identifying and analysing the impact on investment value that the climate crisis is already exerting, and how this is likely to play out over longer time horizons.
Maharashtra's Energy Transition: A 75,000 cr. savings opportunity
Surplus electricity generation capacity, air pollution regulations and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 cr. in 5 years, and over Rs.75,000 cr. in the coming decade
TPP Replacement Savings Calculator
Replacing thermal power plants with renewable energy can result in huge savings for states thanks to the continuing drop in RE prices, combined with the low plant load factor regime that most power plants are trapped in today. But calculating exactly how much is complex - this dashboard allows you to simulate the savings from shutting down and replacing thermal power plants selected for age, state/central operation and other factors. Many states can make significant savings on their current tariff dispatch orders, and this tool allows you to estimate these savings quickly, with sufficient nuance.
News & Events
In the News
Energy transition is ₹75,000 cr. opportunity for Maharashtra
10 June, 2021
June 10, 2021: With Maharashtra’s state budget stretched thin by the Covid-19 pandemic, new analysis suggests significant savings opportunities in the state’s electricity generation sector – up to ₹ 16,000 crores over five years and...
WHAT WE BELIEVE
Financial stability is dependent on ecosystem stability.
The climate crisis poses threats to both financial and environmental systems. These threats arise directly from climate change itself, and indirectly from changes in the socio-political economy that are propelled by the climate crisis.
Given the over-arching nature of climate change impacts, risks manifest in varying ways, from changing physical conditions due to altered weather patterns to evolving policies impacts and the loss of social license for industries that were once considered foundations of the economy.
CEO & Lead Analyst
CEO & Lead Analyst
Ashish has over two decades of international experience in the ESG sphere. He believes that the financial sector is not prepared to mitigate the value destruction that will accompany rapid climate change and associated environmental & social upheaval. Ashish is an alumnus of St. Xavier’s College, Mumbai, where he studied Economics.
Vinuta is a founder and Chief Executive Officer of Asar Social Impact Advisors. She has more than 20 years of experience in environmental and justice issues in India. Before joining Asar, Vinuta was Interim Executive Director and Program Director of Greenpeace India. She is a Chartered Accountant by qualification.
Brikesh is a mobilisation strategist at Asar. His expertise includes conceptualising, planning and implementing innovative and engaging mobilisation strategies. He is a networker and skilled communicator with two decades of experience in the field.
Harshit has research experience on air pollution and the power sector, particularly on coal and related environmental issues. He strives to use his research and analytical skills to bring regulatory and policy changes favourable for a smoother and faster energy transition. Harshit holds a Master’s degree in Conflict Management and Development and is based in Delhi.
Abhishek is a business undergraduate and has cleared all three levels of CFA. He holds the Sustainability and Climate Risk (SCR™) certificate, issued by Global Association of Risk Professionals and has a background in financial planning & analysis at Societe Generale. He believes that overcoming information asymmetries in the finance sector is key to build resilience towards climate risks and facilitate the transition to net zero carbon.
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Climate Risk Horizons
No 40, 16th Cross Road, Malleshwaram,