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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Press Statement: Adani and Tata Projects – Hold them Accountable, Don’t Bailout.
Press Statement | 26 June 2017 Bailout Pleas by both Adani and Tata Projects in Mundra a symptom of larger menace; Government should not acquire liabilities, to waste public money; Both corporations should be...
Booklet: Coal Currency: Mapping Coal Project Finances in India
Mapping Coal Project Finances in India Who finances coal projects in India? What is the quantum of money behind these large coal projects? What proportion is financed by international financial institutions and national financial...
Open Letter to the Prime Minister of India on Rampal Power Project from India
October 18, 2016 An Open Letter to the Prime Minister on Rampal Power Project Respected Prime Minister, We, the people’s movements and other civil society organisations in India, draw your urgent attention to the...
Another Nail in the Sundarbans coffin?
With a heavy heart, I watched the news pour in. The Engineering Procurement and Construction (EPC) Contract between Bharat Heavy Electricals (BHEL) and the Bangladesh India Friendship Company Pvt. Ltd. was signed last week...