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Coverage

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...

Read more January 19, 2023 at 3:52 pm Counterview

‘Mindless’ development model financed by top institutions ’caused Joshimath disaster’

In a statement signed by over 50 civil society organisations and concerned citizens, FAN believes, Joshimath Disaster is the”inevitable result of long neglect of scientific warnings, of gross financialization of nature and total lack...

Read more January 17, 2023 at 2:01 pm CFA

Did the Supreme Court really vindicate the Modi government’s demonetisation decision?

The BJP is projecting this judgement as an endorsement of its move. But the court only commented on narrow point of the legality of demonetisation.

Read more January 17, 2023 at 9:43 am Umang Poddar

Black hole of public finance: Unequal fiscal burden on citizens

73% of the wealth generated in India in 2017 went to the richest 1%, while the poorest half of the population saw only a 1% increase in their wealth.

Read more January 11, 2023 at 3:55 pm Suchak Patel

India Pitches for Climate Finance Internationally, But Prioritises ‘Development’ at Home

The year 2022 saw renewed urgency and consistency in India’s pitch to demand ‘climate finance’.

Read more January 3, 2023 at 3:25 pm Amitanshu Verma

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...

Read more December 16, 2022 at 2:41 pm Sanskrita Bharadwaj

L&T Finance replaced SBI as the biggest renewable energy financier in 2021:  Study 

The fifth edition of Coal vs Renewable Financial Analysis, authored by Climate Trends and Centre for Financial Accountability (CFA), was released at CFA’s annual energy finance conference hosted in collaboration with IIT Madras on Tuesday. ...

Read more December 13, 2022 at 5:55 pm The Economic Times

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...

Read more December 13, 2022 at 4:23 pm Daiji World

Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021

A study titled “Financiers Prefer Wind And Solar Over Coal” 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...

Read more December 13, 2022 at 4:04 pm Saur Energy International

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...

Read more December 12, 2022 at 5:38 pm MANKA BEHL

“India can Achieve Net-Zero By 2047”: 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...

Read more December 12, 2022 at 3:20 pm Shivam Dwivedi

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...

Read more December 12, 2022 at 12:26 pm Shuchita Jha

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...

Read more October 13, 2022 at 3:46 pm Neelam Gaur

Hanuman’s leap: Why India’s firms aren’t making investments despite Nirmala Sitharaman’s pleading 

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...

Read more October 11, 2022 at 2:40 pm Anirban Bhattacharya

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...

Read more October 3, 2022 at 1:21 pm Tanvi Deshpande
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