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SBI Chairman identifies solar, city gas, oil as bright spots for funding

By : Sustainability ..., Dec 23, 2019

SBI Chairman Rajnish Kumar on Saturday stressed that there is an adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. "Our first indication is that we are the largest financier of projects, we have a...

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Longest UN climate talks end with no deal on carbon markets, UN chief 'disappointed'

By : Sustainability ..., Dec 16, 2019

The longest UN climate talks ended here on Sunday with no deal on carbon markets as delegates from almost 200 countries failed to come up with more ambitious targets to cut greenhouse gases to fulfil the terms of the 2015 Paris agreement, prompting UN chief Antonio Guterres...

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India Announces a “Green Window” to Catalyze Climate Finance

By : Sustainability ..., Dec 12, 2019

To meet India’s massive 450 gigawatts of clean energy target, Indian officials announced new financing approach to boost investment in clean energy during the climate talks in Madrid this week. The Indian Renewable Energy Development Agency (IREDA), the country’s premier...

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India needs support from advanced nations to fight climate change: Govt

By : Sustainability ..., Dec 10, 2019

India is meeting all its commitments and making huge efforts towards tackling climate change as part of the UN Framework Convention on Climate Change (UNFCCC), but climate resilience for future will depend on financial and technological support of developed countries, the...

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Climate talks: Javadekar says will protect long-term development interests

By : Sustainability ..., Dec 9, 2019

India is participating with a constructive outlook at the Madrid climate talks and will work to protect its long-term development interests, Union Environment Prakash Javadekar said on Saturday. Before leaving for the UN-hosted climate negotiations in the Spanish city,...

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India to insist on ‘differentiated responsibilities’ at Madrid climate talks

By : Sustainability ..., Nov 28, 2019

India will insist upon the principle of ‘equity and common but differentiated responsibilities’ at next week’s climate talks in Madrid, Spain. In simpler terms, it means that while all countries should do their best to fight global warming, developed countries – with deeper...

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BASIC ministers call for comprehensive implementation of Paris climate deal

By : Sustainability ..., Oct 29, 2019

Environment ministers of the BASIC countries have called for "comprehensive" implementation of the Paris climate deal amid threats by US President Donald Trump to withdraw from it. They also called on the developed nations to deliver on their commitment to provide USD 100...

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India Calls on Developed Countries to Increase “Scope, Scale and Speed” of Climate Finance

By : Sustainability ..., Sep 25, 2019

The Government of India released a position paper outlining India’s perspective on climate finance. The document was issued to inform stakeholder deliberations under the Climate Finance and Carbon Pricing action area of the UN Secretary-General’s Climate Action Summit on 23...

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Climate finance: India hits out at developed countries for ‘reluctance’ to support projects

By : Sustainability ..., Sep 18, 2019

India on Tuesday warned developed countries that their reluctance to loosen purse strings to support climate change mitigation plans by developing countries may threaten the progress achieved, leading to an uncertain future. In a discussion paper released on Tuesday, the...

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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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