India Pitches for Climate Finance Internationally, But Prioritises āDevelopmentā at Home
The year 2022 saw renewed urgency and consistency in Indiaās pitch to demand āclimate financeā.
In Nagaland, Despite An Act To Protect Street Vendors, Women Vendors Struggle For Basic Amenities
The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 aims to protect livelihood rights and social security of street vendors but its implementation has been sluggish, putting street vendors at...
L&T Finance replaced SBI as the biggest renewable energy financier in 2021: Ā StudyĀ
The fifth edition of Coal vs Renewable Financial Analysis, authored by Climate Trends and Centre for Financial Accountability (CFA), was releasedĀ at CFA’s annual energy finance conference hosted in collaboration with IIT Madras on Tuesday.Ā ...
Financiers prefer wind and solar over coal: Study
Coal vs Renewables Financial Analysis 2022 identifies L&T Finance replacing SBI as the biggest financier in project finance for renewable energy in 2021. The fifth edition of Coal vs Renewable Financial Analysis, authored by...
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021
A study titled āFinanciers Prefer Wind And Solar Over Coalā has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the...
Financiers now back renewable energy projects more: Study
For the first time, 100% of the value of the project finance loans identified last year went to renewable energy projects. This is a considerable increase compared to 2020, where renewable energy loans accounted...
āIndia can Achieve Net-Zero By 2047ā: Experts
Sectoral experts, academics and climate activists deliberate on multiple issues related to Energy and Finance at the 4th annual Energy Finance Conference India, 2022 organised at IIT-Madras, Centre for Financial Accountability, Indo-German Center for...
On a clearing spree? Green nod to 2,250 projects, 270 of them in biodiversity hotspots
A new report has raised concerns over massive environmental clearances given to projects in eco-sensitive zones (ESZ) and Protected Areas (PA). The report has flagged that the dilution of environmental laws is a major...
Centralisation, no Public Representation Plague Smart Cities Mission after 7 Years
The Centre had committed Rs 48,000 crore for the mission but only Rs 41,544 crore was allocated till the end of the last financial year. The Narendra Modi government launched the Smart Cities Mission...
Hanumanās leap: Why Indiaās firms arenāt making investments despite Nirmala Sitharamanās pleadingĀ
Industrialists will only invest when it they see returns and it makes business sense. In Kishkinda Kanda, the fourth book of the epic Ramayana, the wise Jambavan reminds Hanuman of his own strength. As...
Three Months On, India’s Single-Use Plastic Ban A Dud
Banned plastic including straws, cutlery found in circulation in Mumbai and Delhi. Experts call the ban weak and ask that big players, that produce more plastic, and more plastic items be brought under the...
Infrastructure Projects In and Around Protected Areas Need to Be Held Financially Accountable
India is home to 96,000 species of animals and 47,000 species of plants and nearly half the worldās aquatic plants. Conservation of wild flora and fauna has been one of the key thrust areas...
At Indiaās Climate, Finance and Policy Intersection, Big Infra Remains King
As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the worldās coal investments. A 2021 report found that ICICI, the State Bank of India,...
How the row over āfreebiesā hides Indiaās failure to meet the basic needs of its citizens
While it targets welfare schemes, the Union government has also written off crores in outstanding loans for Indiaās rich and given huge corporate tax rebates.
A countdown to disaster: Breach in fly-ash bunds of Nagpur’s thermal power plants
Last month the residents of several villages of Nagpur district woke up to the nightmare of being inundated with fly-ash. Located in the north of Nagpur city are Koradi and Khaparkheda thermal power stations...
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