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Green bonds set to flourish in Asia as China plans to open marketsBy : Sustainability ..., Jun 3, 2015
Asia may soon host a boom in green bond activity, according to leading international debt market players. Last week, Moody’s predicted there would be a surge in issuance from India and China, and Goldman Sachs set a new target to arrange $1bn in debt securities to finance... Read more.. Subject Tags: Financing , Renewable Energy |
Solar energy investment gaining ground globallyBy : Sustainability ..., Jun 2, 2015
Climate change is bringing more nations into the renewable energy fold as much as the possibility that the world would run out of fossil fuels. Solar power is among the fastest growing sources of clean energy, under the circumstances. Even oil-rich nations such as... Read more.. |
India to seek more funds from rich nations at climate talksBy : Sustainability ..., Jun 1, 2015
With 2015 heading towards being the hottest year on record, India and China will negotiate for a treaty to put a check on the rising temperature. The two countries will formally move a proposal at the Bonn climate talks starting from Monday, proposing that rich nations... Read more.. |
IMF says energy subsidies are now US$5.3 trillionBy : Sustainability ..., Jun 1, 2015
According to the International Monetary Fund (IMF), global energy subsidies increased from US$4.2 trillion in 2011 to US$5.3 trillion in 2015. As a percent of world GDP, the subsidies rose from 5.8 percent in 2011 to 6.5 percent in 2015 and now exceed worldwide... Read more.. |
Rs 125 crores to turn Northeast into organic farming hubBy : Sustainability ..., May 29, 2015
The ministry for development of Northeastern region has embarked upon an ambitious plan worth Rs 125 crore to convert the region into a hub of organic farming in India. Announcing this here on Wednesday minister of state for DoNER Jitendra Singh said that they are... Read more.. |
Big jump in renewable energy certificates trading volumesBy : Sustainability ..., May 29, 2015
The marked pick-up in the demand for renewable energy certificates that was seen in the trading session for May, which was held on Wednesday, has been attributed to a recent judgment of the Supreme Court. As many as 256,579 non-solar and 83,189 solar RECs were sold on... Read more.. |
Investors worth $12trn call for long term carbon targetBy : Sustainability ..., May 27, 2015
Chief executives of 120 funds are calling for a long term emissions reduction goal as part of a global climate pact to be struck in Paris this December. The institutional investors, representing more than US$12 trillion of assets, wrote to G7 finance ministers ahead of... Read more.. Subject Tags: climate change , Financing |
Investors Call On ExxonMobil, Chevron to Stop Resisting Transition to Clean EnergyBy : Sustainability ..., May 27, 2015
Shareholders of ExxonMobil and Chevron and members of the Interfaith Center on Corporate Responsibility (ICCR) say they will focus on climate change at the companies’ annual general meetings (AGMs) this coming Wednesday. Fossil fuel companies are facing increased... Read more.. |
JBM to invest Rs 1,600 crore on solar power verticalBy : Sustainability ..., May 27, 2015
CHENNAI: JBM group's ambitious 1,600 crore foray into solar power will be funded by a mixture of equity and debt. The solar diversification, to be called JBM Solar, will conduct ground-mounted and roof top power projects. This is the second big diversification by the... Read more.. |
Axa To Divest €500 Million In Coal Assets By End Of 2015By : Sustainability ..., May 27, 2015
French insurance megalith Axa has announced that it intends to divest from €500 million worth of coal assets by the end of 2015. Axa-2Speaking at the Paris 2015 Climate Finance Day on May 22, Axa CEO Henri de Castries made the announcement as he spoke about the danger... Read more.. |