In 1994, the New York Times described the World Bank and International Monetary Fund (IMF) as “overlords of Africa” and ostensibly so the bankers have indeed become overlords of the global south since the globalisation...
On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund...
The news was flashed all across world’s media – the year 2023 was not only the warmest year on instrumented records (available for about the past 170 years), but was calculated to be the...
The CFA emphasised the critical need to empower shareholders, customers, and the general public with comprehensive information on the climate crisis's impact on FI investments.
Says clarity and specificity are needed to ensure effective implementation and compliance with disclosure requirements.
The second edition of the State of Finance in India Report was released in November 2023. It is a first of its kind that expands the domain of finance and economics beyond the confines...
Most Indian banks and financial institutions do not have any environmental and social safeguard mechanisms.
The year 2022 saw renewed urgency and consistency in India’s pitch to demand ‘climate finance’.
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...
Gender mainstreaming (the process of assessing the implications for women and men of any planned action, including legislation, policies or programmes, in all areas and at all levels) became popular in several international institutions,...
India’s commitments at the 26th Conference of Parties of the United Nations Convention on Climate Change (COP 26) held in Glasgow set clear targets for 2030: increasing non fossil fuel energy capacity to 500...
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.
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows. Indian banks and financial institutions, including the State Bank of India (SBI), ICICI, Axis Bank, the...
