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Investing in climate adaptation can stimulate trillions in benefits

By : Sustainability ..., Sep 13, 2019

Unless you are the President of the United States or some such exalted position that allows you to be out of touch with reality, it is really impossible for sane and rational people to ignore the impending impact of climate change. Because it is not really impending anymore....

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Cleantech firm 75F lands $18M funding from Breakthrough Energy Ventures & OGCI

By : Sustainability ..., Sep 5, 2019

Cleantech firm 75F today said that it had raised $18 million in Series A funding, led by Breakthrough Energy Ventures and Oil & Gas Climate Initiative (OGCI). The round also had participation from Building Ventures, Rise of the Rest, and Clean Energy Trust, making it the...

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Mutual fund houses are coming up with 'ESG' schemes

By : Sustainability ..., Sep 4, 2019

Mutual fund houses seem to be fascinated by the concept of ESG, short for environment, social and governance. After ESG schemes from Quantum Mutual Fund and SBI Mutual Fund, it is the turn of Kotak Mutual Fund and ICICI Prudential Mutual Fund. Both the fund houses have filed...

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ADB willing to lend over $12 billion to India over the next three years

By : Sustainability ..., Aug 30, 2019

The Asian Development Bank (ADB) said it was ready to commit over $12 billion in lending to India over the next three years (2020-22), pledging support to the Narendra Modi-led government’s new flagship initiatives such as the Jal Jeevan Mission. This was conveyed during a...

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IOC to invest Rs 2 trn in 5-7 yrs, develop a new energy storage technology

By : Sustainability ..., Aug 29, 2019

State-run Indian Oil Corporation (IOC) will invest Rs 2 trillion over the next five to seven years, the company’s chairman told shareholders on Wednesday. The company is also at an advanced stage of developing a new energy storage technology. “Indian Oil has planned a Rs 2...

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Schneider Electric Pumps $565 Million into Energy Management and E-Mobility Industry

By : Sustainability ..., Aug 29, 2019

The grand-old daddy of the industrial revolution continues to lead the way in Digital Transformationwith new investments, hiring, and innovation. Global Automation and Energy Management company Schneider Electric released a $565 million Global Investment fund to expand with...

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India's First Investor Showcase for Circular & Sustainable Fashion Startups by Intellecap's CAIF Took Place at Lakm Fashion Week

By : Sustainability ..., Aug 27, 2019

This year - the fashion industry saw a new perspective on what sustainable fashion means at Lakm Fashion Week. Delegates at Sustainable Fashion Day - Lakm Fashion Week witnessed India's first...

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Experts stress equity in India’s push for a green economy

By : Sustainability ..., Aug 27, 2019

A transition to a green economy in India must be a ‘Just Transition’, keeping in mind vulnerable livelihoods. A Just Transition would need to look at the labour surplus issue in India especially...

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India’s Greenko Energy Raises $350 Million In Fresh Green Bond Issue

By : Sustainability ..., Aug 22, 2019

One of India’s leading renewable energy companies, Greenko Energy Holdings, has successfully issued yet another green bond, making it at least the fourth green bond issue since 2014. According...

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BASIC nations urge developed countries to fulfill their climate finance commitments

By : Sustainability ..., Aug 20, 2019

With issue of finance being considered a major sticking point in negotiations ahead of future climate summit, the BASIC nations - Brazil, South Africa, India and China - on Saturday jointly...

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