Renewable Energy Policies to Shrink the Carbon Footprint in Cities: Developing CSR Programmes

Abstract

The need for urban development patterns that are more ecologically sustainable becomes obvious in present context. Therefore, renewable energy is gaining importance day by day, particularly in the era of rapid urbanisation. As such, renewable energy could help in an organisation’s Corporate Social Responsibility (CSR). As part of a CSR initiative, a business can set up renewable energy systems in urban and peri-urban areas that will be maintained by local residents who have undergone training. Installing a mix of solar panels, wind mills and biogas plants can make urban and peri-urban areas energy self-sufficient. By adding renewable energy projects to their CSR activities, businesses will make a very positive intervention that will go a long way in improving the socio-economic lot of the disempowered. Increased use of renewable energy sources and thus energy conversation is the main pillar of a sustainable energy supply. This paper deals with the importance of Renewable Energy Sources in this context and strategies to be adopted for integrating these sources as a means of a sustainable development mechanism for procuring carbon credits and meeting different energy tasks in urban and peri-urban areas.