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Press Releases

Home > Posts tagged Press Releases

Renewable energy lending up by 60% last year

Companies engaged in coal power expansion received US$ 2 billion in underwriting services from US based financial institute New Delhi, December 19, 2024: The Centre for Financial Accountability released its seventh annual Coal vs Renewables...

Read more January 1, 2025 at 11:50 am CFA

174 Civil Society Organizations, Networks, and Activists Oppose Financing by IFC for Abellon Clean Energy’s Toxic, Pollution Waste-to-Energy Projects in Gujarat, India

PRESS RELEASE | 23.08.24 August 23, 2024 – A collective letter written by the Centre for Financial Accountability,  International Accountability Project, National Hawkers Federation, GAIA-Asia Pacific, and Break Free From Plastics and endorsed by...

Read more August 23, 2024 at 3:29 pm CFA

 Response to the Reserve Bank of India’s Draft Prudential Framework for Project Finance

“Civil society organisations urge RBI to incorporate environmental, climate and social considerations in the project finance framework!”

Read more June 15, 2024 at 11:30 am CFA

Claims of Employment Rate Increase a Sham: Economists

New Delhi: At a time when the Centre for Monitoring Indian Economy’s report claims an upward trend in employment in India’s labour market with 15 million people entering the workforce, economists exposed that claim...

Read more December 1, 2023 at 3:38 pm CFA

Nobel Prize-Winning Economist Joseph Stiglitz and Others Urge the US Supreme Court to Review World Bank Group Immunity in the Tata Mundra Finance Case

This week, prominent 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 – submitted amicus briefs urging...

Read more February 17, 2022 at 1:15 pm CFA

PFC was the sole coal financier in 2020 | Press Release

New Delhi, December 14, 2021: Coal vs Renewables Financial Analysis 2020 identifies PFC, and its subsidiary REC, as the sole state-owned financial institutions that provided project financing to coal power projects in 2020.

Read more December 14, 2021 at 4:13 pm CFA

BRICS Summit: People’s Forum calls it “lost opportunity”

The  13th BRICS Summit, chaired by Indian Prime Minister Narendra Modi and attended by Brazil President Jair Bolsanaro, South African President Cyril Ramaphosa, Russian President Vladimir Putin, and Chinese President Xi Jinping was held...

Read more September 10, 2021 at 6:00 pm CFA

What does the US Supreme Court’s Judgement mean for the People of Mundra?

What does the US Supreme Court’s Judgement on World Bank Group’s Immunity Mean for the people of Mundra, Gujarat, India and beyond? Dr Bharat Patel General Secretary, Machimar Adhikar Sangharsh Sangathan and one of...

Read more March 2, 2019 at 12:03 am WGIFIs

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