Global Climate Action: Where Do Indian Banks Stand?
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows.
IFC stake in Federal Bank Ltd results in no new coal commitment
India’s 7th-largest commercial bank, Federal Bank Limited, has turned its back on new coal, according to a new report released October 7, 2021. The bank is a key lender to firms such as Jindal Steel Works (JSW)...
Federal Bank to Discontinue Financing New Coal Projects
Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) in July 2021.
Smart City Deadline Looms But Targets Remain Distant
Mumbai: Imagine clean air all-year round in currently pollution-racked New Delhi, with sensors monitoring its air quality 24x7. Think of parched Chennai receiving 24x7 water supply through a smart metering system that conserves water....
Assam Fact Finding Report finds ‘Illegal’ Land Grab from Tribals for Solar Plant
Since March 2020, the indigenous people and Adivasi farmers from Mikir Bamuni Grant village in Samaguri Revenue Circle, Nagaon, Assam, have been up in arms against the alleged "forceful" takeover of their agricultural lands...
Where Do We Stand Five Years After the Paris Agreement?
India offers a case study for reducing greenhouse gas emissions It was five years ago this month, December 2015, when the globe’s nations came together in Paris to chart a path for addressing the...
What do human-elephant conflict, smart cities, thermal power plants on a sea coast, C-section births and the recent migrant labour debacle have in common?
To me, the first word that comes to mind is development. Cambridge Dictionary defines development as the process by which something grows or changes and becomes more advanced. In Economics, development is irretrievably tied...
India sees consecutive year-on-year decline in coal funding: Report
The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 per cent decrease in 2018. The report, made public on Tuesday,...
Report shows continued, sharp decline in coal plant financing in India
The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 per cent decrease in 2018. The report, made public on Tuesday,...
FINANCE FOR COAL POWER IN INDIA 2019 DROPS TO JUST 1.8% OF 2017 LEVELS
A new report shows that financial institutions in India are also progressively turning away from coal, in line with global energy finance Project financing for new coal power projects has recorded a precipitous decline...
En Inde, chute des financements pour le charbon (étude)
Les financements pour des projets miniers dans le charbon en Inde ont chuté en 2019 pour la deuxième année d’affilée, rapporte mardi un centre de recherches financier au moment où le pays réaffirme son...
India’s love affair with coal cools as pressure grows on sector
Funding for coal projects in India has plunged for the second straight year, new figures showed Tuesday, as the world’s second biggest coal importer weans itself off the dirty fuel. Research was released showing...
India sees consecutive year-on-year decline in coal funding: Report
New Delhi, Nov 24 (IANS) The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 per cent decrease in 2018. The report,...
India sees consecutive year-on-year decline in coal funding: Report
The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 per cent decrease in 2018. The report, made public on Tuesday,...
State-owned investors dump coal for solar and wind
Coal project finance in the year 2019 stood at just INR 1100 crore (US$190 million), compared to renewable energy lending aggregating to INR 22,971 crore (US$3220 million) A new report by the Centre for...
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