In early August, the Union Cabinet approved India’s updated Nationally Determined Contributions (NDC) that have hence been formally communicated to the United Nations Framework Convention on Climate Change (UNFCCC). These include goals like reducing the emission intensity...
Introduction Electric vehicles (EVs) have recently become the buzz word for all the wrong reasons. Almost half a dozen incidents of EVs catching fire have been reported in India since late March of this...
India is aggressively promoting the growth of renewable energy in its quest to be a global leader on climate action, but it continues to ignore concerns about the social and environmental impacts of promoting...
Clean energy projects got 74% of the total funds from financial institutions last year, or ₹24380 crore, according to a report by Climate Trends and Centre for Financial Accountability. Indian lenders channeled more funds to...
The Inaugural Session of the 2nd Energy Finance Conference India 2020 builds the blueprint for an economically and socio-politically feasible sustainable energy transition A distinguished panel of academics, policy experts and activists pitches for...
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...
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...
As India struggles through battling a pandemic and subsequent shut down, the government seems to be in no mood on pausing in stifling controversial issues that majorly impact the economy of the country. After...
Any Act or bill to get an act on electricity (or the larger issues of primary energy), has to first comprehend the basic functions electricity has in human society. Presumably, some form of electricity might...
India’s target of achieving 175 GW of renewable energy capacity by 2022 might appear ambitious, but it is crucial as it will have a positive impact on the country’s economic growth, energy security and...
New analysis by Center for Financial Accountability shows that the Andhra Pradesh government appears to be singling out renewable energy projects in the guise of lowering electricity purchase costs, while ignoring higher cost coal...
India’s government has ambitious plans to achieve 175 GW of renewable energy capacity by March 2022, although it was standing only at over 81 GW by the end of July 2019. It is even...
Lenders prefer renewable energy over coal, especially in 2018: Centre for Financial Accountability Report Coal Vs Renewable Is coal losing its charm? Yes, if the recently released report Coal Vs Renewable is to be believed. Lenders...
The Centre for Financial Accountability has found that only five coal power projects with a total capacity of 3800 MW received financing of ₹6,081 crore in 2018. New Delhi: Amid economic slowdown, a latest...
NEW DELHI: India may be the fastest-growing energy market in the world, but its lending to coal power projects had seen a massive dip last year as compared to 2017. The renewables (solar and...