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Fossil Fuel

Home > Posts tagged Fossil Fuel

IMF’s new policy at odds with green Covid-19 recovery

A new review of the International Monetary Fund’s (IMF) most recent economic policy advice for five countries with ongoing coal sector expansions show it is green-lighting fossil fuel expansion, despite the fund’s stated support...

Read more October 10, 2020 at 6:30 pm CFA

India Tops G20 Governments as Third Largest Supporter of Coal

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...

Read more May 27, 2020 at 2:01 pm CFA

STILL DIGGING: G20 GOVERNMENTS CONTINUE TO FINANCE THE CLIMATE CRISIS

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...

Read more May 27, 2020 at 1:20 pm CFA

Too Many Costs for Too Little: The Story of Tata Mundra

Statement in response to news reports that the company has written to the Ministry of Power that they will stop operating the Mundra project from February 2020. Mundra, Gujarat January 13, 2020: Tata power...

Read more January 13, 2020 at 3:13 pm CFA

Asia Digs up and Burns Three-quarters of the World’s Coal

That must change if the climate is not to A LARGE SIGN in the city hall of San Carlos, on the island of Negros in the Philippines, lays out the local government’s ambitions. It...

Read more August 22, 2019 at 2:44 pm The Economist

Regulators, Experts, Activists Discusses Energy Finance in India Over Two Days

August 18, 2019, Chennai: The recently concluded two-day conference on Energy Finance in India at IIT Madras witnessed enthusiastic participation from various regulators, experts, industry leaders, bankers, activists and discussion on issues related to...

Read more August 18, 2019 at 12:24 pm Ankit Agrawal

JPMorgan Chase Must Stop Financing Fossil Fuels, Demand 300 CSOs

Around 300 organisations, representing over thirty million supporters from around the world, called on the JPMorgan Chase to stop financing expansion of fossil fuels, and commit to phasing out funding of fossil fuels in...

Read more May 24, 2019 at 5:39 pm Ankit Agrawal

Over 300 Organisations Ask JPMorgan Chase to Stop Financing Fossil Fuels

On the occasion of Chase’s Annual General Meeting (AGM), over 300 organisations from across the world demanded that JPMorgan Chase must do its part to realize the goals of the Paris Agreement, which calls...

Read more May 21, 2019 at 10:19 am CFA

Banks Invested $1.9 trillion On Fossil Fuels Since The Paris Agreement

Executive summary from the report Banking on Climate Change, Fossil Fuel Finance Report Card 2019. The report is prepared by Rainforests Action Network, BankTrack, Sierra Club, Oil Change, Indigenous Environmental Network, Honour The Earth. This year, 163...

Read more March 22, 2019 at 4:58 pm CFA

Banks Need to Follow StanChart’s Lead and End New Coal Finance

By ruling out funding new coal-fired power plants globally, Standard Chartered has sent the message that developing countries such as Vietnam deserve clean air and water. Standard Chartered announced this week that it “will...

Read more September 28, 2018 at 11:29 am The Asia Times

How International Investors Can Stop Rampal Power Project, the World’s Most Dangerous Coal Plant

For immediate release How International Investors Can Stop Rampal Power Project, the World’s Most Dangerous Coal Plant  Report Shines a Light on Hidden Backers of World’s Most Destructive Coal Project  October 12, 2017, New...

Read more October 13, 2017 at 11:34 am CFA

Communities affected by Tata Mundra rejects ADB’s Annual Monitoring Report

Report subverts the real issues while focusing only on the frivolous ones August 25, 2017, Kutch, Gujarat: Communities affected by the Tata Mundra (Coastal Gujarat Power Ltd – CGPL) coal power plant in Kutch...

Read more August 26, 2017 at 2:26 pm Anuradha Munshi

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination and from the dirty coal mines.  As per the “State of Global Air...

Read more August 26, 2017 at 1:57 pm Soumya Dutta

Indian Movements/CSOs Submit Comments on NITI Aayog’s Draft of National Energy Policy

A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...

Read more July 25, 2017 at 10:01 pm CFA

Press release: Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities

For Immediate Release Federal Appeals Court Rules That World Bank Group Cannot Be Sued For Harming Communities Affected Communities Plan Further Legal Challenge June 27, 2017, Washington D.C., and Mundra: The U.S. Court of...

Read more June 27, 2017 at 4:37 pm CFA
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May 18, 2022 0

The Hidden Environmental Costs of India’s Data Centre Push

Data centres are giant industrial collections of servers that store and process data underlying the modern information economy. Most...

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May 18, 2022 0

Private Investments in Highways Expected to Reach Rs 1 Trillion by FY29

The previous Infrastructure Finance Updates have covered reports from various sectors including roads, highways, airports, railroads, and real estate...

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