The Centre for Financial Accountability held a consultative discussion on Environmental and Social Safeguards Policy for Indian financial institutions at the National Consultation on Safeguards in Delhi on December 1, 2023.
Solar power was the dominant renewable energy, accounting for six out of 11 deals, or 40% of financing, says the report. While India did not sign the pledge to triple renewable energy globally by...
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding. Not...
The report, jointly conducted by the Centre for Financial Accountability (CFA) and Climate Trends, assessed project finance loans across various renewable energy projects. In a notable shift in India‘s energy financing landscape, no coal...
As representatives from nearly 200 nations gather for over a week for COP28, this year’s annual UN climate conference, being held in the oil-producing UAE and led by the head of the country’s state...
New Delhi: āThe flow of 100 billion dollars for climate finance from developed to developing countries for mitigation and adaptation of climate impacts are neither enough to meet the needs of addressing the climate...
Even as the Asian Infrastructure Investment Bank (AIIB) announced its long-awaited review of its Project-affected Peopleās Mechanism at its annual meeting in Egypt 25-26 September 2023, a new research, published by Recourse, Inclusive Development...
The State of Finance in India report is a first of its kind that expands the domain of finance and economics beyond the confines of ivory tower experts.
A report presented by Poonam Gupta and Arvind Panagaraiya at the India Policy Forum 2022 on 12th July, is clearly a prescription for destroying the Indian Economy which is already on the verge of...
In August 2021 the NDA government unveiled its grand design to put chunks of the nationās public assets on lease for private profits. The plan has been named the National Monetization Pipeline, the idea...
New Delhi, Dec 14 (IANS): An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power...
New Delhi, December 14, 2021: Coal vs Renewables Financial Analysis 2020 identifies PFC, and its subsidiary REC, as the sole state-owned financial institutions that provided project financing to coal power projects in 2020.
At COP26, India announced its objectives to reach net zero by 2070. In addition, the country aims to install 500 GW of non-fossil capacity by 2030, 450 GW of which would come from renewable...
The claim that there has been a record recovery may seem correct on paper. Comparing the figures for growth in quarter ending in June 2021 - 22 with June 2020-21 there is a 20.1%...