October 31, 2018, Washington, D.C. – The U.S. Supreme Court heard oral arguments today in Jam v. International Finance Corporation (IFC), a landmark lawsuit that will decide if international organizations are absolutely immune from lawsuits in U.S. courts....
October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic case filed by the villagers from Mundra, Gujarat against the absolute immunity granted...
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
अधोसंरचना, ख़ासकर ऊर्जा के नाम पर हमारे देश में जो हो रहा है उसे सार्वजनिक सम्पत्ति की खुल्लाम-खुल्ला लूट के अलावा क्या कहा जा सकता है? मध्यप्रदेश सरीखे राज्य में जहाँ ख़ुद सरकारी दस्तावेज़ों...
The plaintiffs contend that the plant’s construction caused saltwater to leach into the local groundwater. They say that the plant’s ‘cooling system discharges thermal pollution into the sea, killing off marine life on which...
NUSA DUA, Indonesia — Civil society groups have welcomed a move by the International Finance Corporation to transition the financial institutions it invests in away from supporting coal projects — but some say it...
Along with the unbridled sanctioning of the flow of foreign funds to the country’s energy sector in the bid to be a major driving force in the global energy market (which falters often on...
Today, rooftop solar capacity is 1,200 MW only as against Centre’s target of 40,000 MW by 2022 Nagpur: With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest...
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
The Transmission System Strengthening Project is a project to expand the interstate transmission network in western and southern India. The project, partly funded by ADB and AIIB (as co-financer) along with the Power Grid...
For Immediate Release U.S. Government Opposes “Absolute” Immunity for World Bank Group in Brief to SCOTUS Washington, D.C., August 1, 2018 – Late yesterday, the U.S. Government urged the U.S. Supreme Court to reverse...
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
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...
