Perils of banking on fossil fuels
A new report shows that nine major Asian banks, including three of India, are open to doing business in coal – the dirtiest of all fossil fuels. These three banks are State Bank of...
Fossil Fuel Phase-Out Poses A Narrowing Window For India
While the climate change conference marks the beginning of the end of the fossil fuel era, India will have to urgently find ways to move away from coal. Securing finance for new projects is...
No coal power plant in India receives lending second consecutive year: Analysis
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...
Renewables prevail: Second consecutive year without project finance for coal power plants in India
Against the backdrop of intensifying global discussions on phasing out fossil fuels at COP28 in Dubai, a report by the Centre for Financial Accountability (CFA) and Climate Trends, an environmental think tank, reveals a...
Lenders choose renewables over coal for second year in a row
As negotiations and discussions build up around the Fossil Fuels phase-out at the COP28 in Dubai, back home, for the second year in a row, no coal power plant has received project finance lending...
Coal vs Renewables Investment Report 2023
This analysis assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure between 1 January 2022 and 31 December 2022. Renewable energy projects are defined as...
Update from the Thermal Energy Sector in India (July, 2023)
Given the global trend towards sustainable finance, the Government of India has limited options to sell its stake in IDBI. Without a commitment to a "no new coal" policy, major international financial institutions would...
कोयले की शक्ति : अक्षय ऊर्जा के महत्वाकांक्षी लक्ष्यों के बावजूद उत्तर प्रदेश में कोयला आधारित 1600 मेगावाट पावर प्लांट को मंजूरी
भारत का लक्ष्य 2022 तक अक्षय ऊर्जा यानी रिन्यूएबल एनर्जी (अक्षय ऊर्जा या नवीकरणीय ऊर्जा के उदाहरण हैं – बायोगैस, बायोमास, सौर ऊर्जा इत्यादि.) से 175 गीगावॉट बिजली उत्पादन करने का था।
India’s divestment efforts could benefit from a ‘no new coal’ policy
India already has ambitious renewable energy plans, but its coal baggage and failure..
झाबुआ थर्मल पावर प्लांट से निकलने वाली राख स्वास्थ्य और पर्यावरण के लिए एक गंभीर खतरा
मध्य प्रदेश के गोरखपुर गांव में स्थित झाबुआ थर्मल पावर प्लांट से निकलने वाली राख आम लोगों के जीवन में जहर घोल रही है। क्षेत्र में विकास और रोजगार का वादा करने वाला यह...
வளர்ச்சியின் விளைவு- எண்ணூரில் தொடரும் சுற்றுச்சூழல் மாசுபாடும் சவால்களும்
தமிழ்நாட்டின் தலைநகரமாகிய சென்னையின் எண்ணூர் பகுதி பல ஆண்டுகளாக
Are we parting ways with coal or digging in deeper?
The expenditure budgeted for the year 2023-24 is 192 crores which is 50% less than the budget of the previous years. At the face of it, it would seem that India is phasing out...
विकास का महा तांडव: एन्नोर क्रीक में स्थानीय लोगों की चुनौतियां और पर्यावरणीय प्रदूषण जारी है
तमिलनाडु राज्य के चेन्नई का एन्नोर क्षेत्र वर्षों से औद्योगिक परियोजनाओं की एक श्रृंखला का केंद्र बना है, मुख्य रूप से थर्मल पावर स्टेशन, उर्वरक कारखाने, औद्योगिक बंदरगाह, ऑइल एण्ड पट्रोलीअम इंडस्ट्रीज़ इत्यादि उद्योग...
Demand to scrap ‘unnecessary, potentially harmful’ large, new coal blocks’ auction
As many as 70 people’s movements, trade unions and civil society organisations (CSOs)* have asserted that India’s biggest ever coal mine auction, announced in November last year “will aggravate climate crisis” and “is against...
India’s Biggest Ever Coal Mine Auction will Aggravate Climate Crisis; Is Against India’s Climate Pledges
The central government opening the biggest new coal mine auction, announced in November 2022, is a mockery of the Prime Minister’s own climate announcements at climate change summits, and an invitation to worsening the...
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