The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn India’s public-owned banks and finance groups lent more money to coal projects than renewables in 2017. That’s according...
The report, prepared by Delhi-based Centre for Financial Accountability (CFA), finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion). New Delhi: A majority...
India Wants More Renewables, but its Banks are Pouring Billions into Coal Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding...
A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies...
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
इस सेक्टर में निजी क्षत्रे को आकर्षित करने के लिए सरकार ने 2016 में इस पर चर्चा शुरू की कि नवीकरणीय ऊर्जा के क्षत्रे को और विस्तृत किया जाए ताकि 25 मेगावाट क्षमता से...
It is noteworthy that currently, coal-based power projects are under threat due to lack of coal linkages and power purchase agreements, thus stalling many existing power projects and discouraging many companies from expanding to...
Siddharth Chakravarty of The Research Collective explains the Blue Economy, its impact on the coastal economy, and the role of international financial institutions in pushing this project.
Jesu Rathnam, Coastal Action Network, says that the Sagarmala project, which envisages the development of infrastructure projects- like highways, ports, jetties- along with the coast of India, will lead to the destruction of the...
For immediate release MASS Welcomes the US Supreme Court’s Decision to Hear the Case Challenging World Bank Group Immunity This will be the first time the US Supreme Court will address the scope of...
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage – nearly double the previous year – while there...
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage – nearly double the previous year – while there...
The Council on Ethics for the Government Pension Fund Global (GPFG), an independent body of the world’s largest sovereign wealth fund, that makes recommendations to the Norges Bank with regards to either excluding companies...