Victory for public health and the environment! The International Finance Corporation (IFC) withdraws from the proposed investment of USD 40 million for four waste incineration plants in Gujarat, India.
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Victory for public health and the environment!
The International Finance Corporation (IFC), of the World Bank, decides against investing in the proposed funding of USD 40 million for waste incineration plants in India. PRESS RELEASE February 19, 2025 – In a...
Delhi Residents Oppose the Proposed Bawana Waste-to-Energy Plant
Press release 16 January 2025 | New Delhi: The People’s Alliance for Waste Accountability and Delhi residents have expressed deep disappointment over the poorly managed public hearing held on December 27, 2024, to discuss...
Renewable energy lending up by 60% last year
Companies engaged in coal power expansion received US$ 2 billion in underwriting services from US based financial institute New Delhi, December 19, 2024: The Centre for Financial Accountability released its seventh annual Coal vs Renewables...
World Bank’s approval of Amaravati project is disregard of Indian judiciary and disrespectful of people & their concerns.
Press Release New Delhi | December 23, 2024 The Working Group on International Financial Institutions (WgonIFIs) is disappointed with the recent decision of the World Bank Board of Directors to approve $800 million for...
North Chennai Residents and Civil Society Demand Scrapping of Proposed Kodungaiyur Incinerator over Health Hazard Concerns
Residents of North Chennai, communities, and civil society organizations have filed complaints with the Tamil Nadu Pollution Control Board (TNPCB) demanding the scrapping of the proposed incinerator plant in Kodungaiyur due to increased health...
Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary
Press Release 23.10.2024 | New Delhi: Close to 200 individuals and civil society groups, representing a wide range of social movements, campaigns, and grassroots organisations and campaigns in a statement have called for the creation...
Centre for Financial Accountability Launches a New Microsite dedicated to its Plastics Fuel Infertility Campaign
Press Note 12 September 2024, Delhi: Centre for Financial Accountability (CFA) launched an exclusive microsite dedicated to its ‘Plastics Fuel Infertility’ campaign (PFIC), on 28th August 2024 through an online event. The Campaign aims...
174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India
PRESS RELEASE | 23.08.24 August 23, 2024 – A collective letter written by the Centre for Financial Accountability, International Accountability Project, National Hawkers Federation, GAIA-Asia Pacific, and Break Free From Plastics and endorsed by...
Are we planning monumental destruction in the name of the Great Nicobar Development Plan?
The Great Nicobar Development Plan, also known as the "Holistic Development of Great Nicobar Island" plan, is a major infrastructure initiative planned in the Great Nicobar Island, located in the Andaman and Nicobar archipelago...
Response to the Reserve Bank of India’s Draft Prudential Framework for Project Finance
“Civil society organisations urge RBI to incorporate environmental, climate and social considerations in the project finance framework!”
Experts & Activists Demand Immediate Decarbonisation of Energy Sector
Chennai, January 19, 2024: “The issue of energy and climate havoc are very complex and have been approached in a reductive way. That’s why we have not moved towards real solutions,” noted environmentalist and...
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...
Financial Institutions Should Have Accountability Mechanisms To Avoid Investing in Projects Causing Environmental, Climate and Social Harm
“For years the people of Teesta valley had been campaigning against the dam, we repeatedly warned them about the possible disaster, but we were targeted and ignored. And now the dam has been washed...
Claims of Employment Rate Increase a Sham: Economists
New Delhi: At a time when the Centre for Monitoring Indian Economy’s report claims an upward trend in employment in India’s labour market with 15 million people entering the workforce, economists exposed that claim...
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