The mining industry in India has constantly been in the spotlight for violations of many kinds, ranging from environmental degradation to labour violations and cases of child labour.
Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court...
Clean energy projects got 74% of the total funds from financial institutions last year, or ₹24380 crore, according to a report by Climate Trends and Centre for Financial Accountability. Indian lenders channeled more funds to...
New Delhi, Dec 14 (IANS): An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power...
Asian Development Bank has approved a new energy policy ostensibly to support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific. However a closer look...
A new report released today by Centre for Financial Accountability India and Recourse reveals how India’s 7th largest commercial bank – Federal Bank Limited – has turned its back on new coal. The bank received a $126...
India's power ecosystem, which depends overwhelmingly on coal to meet the country's baseline electricity demand, is suddenly faced with an acute coal shortage. Even when the Coal Ministry tried to play down the coal...
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)...
The Ministry of Coal (MoC), through a notification on June 18, 2020, officially launched the process of auctioning coal mines, thus opening up the Indian coal mining sector to commercial operations by the private...
हमारे देश में बिजली पैदा करने का प्रमुख संसाधन कोयला है, पर धरती की छाती चीरकर उसे निकालने वाले मजदूरों की बदहाली जहां-की-तहां है। पिछले साल कोविड-19 के कारण देश भर में लगे ‘लॉकडाउन’...
Coal has not been only always costlier from the perspective of socio, economic, and ecology, but it has also been one of the biggest greenhouse gas emitters in the energy sources. Despite that, post-pandemic,...
Press Release | May 27, 2020 New report updates analysis of public financing for energy projects To view or download the full report: http://foe.org/wp-content/uploads/2020/05/2020.05.26_Still-Digging-report_final.pdf WASHINGTON, D.C. / New Delhi – A new report released...
In 2015, governments around the world committed to hold global warming to well below 2 degrees Celsius (°C) and to strive to limit warming to 1.5°C by adopting the Paris Agreement. This analysis shows...
India’s pollution metrics fail to capture the complex reality of environmental degradation. The city is fine, really. Right outside the railway station, beneath the board that says Asansol Junction, an LED panel displays the...
In the last week of September 2019, as part of a team I attended a programme taking place in the village Bhumka in Sidhi District in eastern Madhya Pradesh. Sidhi is a neighbouring district...