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Hero comes out with 'climate bonds'

By : sustainabilityo..., Feb 8, 2016

The Indian corporate debt market saw a new opening for clean energy funding with Hero Future Energies coming out with the country's first certified 'climate bonds' to secure Rs 300 crore for...

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Yes Bank commits $ 5 bn for climate action in India

By : sustainabilityo..., Dec 9, 2015

Yes Bank, India’s fifth largest private sector bank, has announced mobilisation of $ 5 billion towards its commitment to climate finance in India.

The bank made the declaration to coincide with the Conference of Parties (COP) 21 climate summit underway in Paris this...

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Fin institutions commit to Mainstream Climate Action

By : sustainabilityo..., Dec 8, 2015

At COP21, a coalition of the world’s leading financial institutions officially signed on to five voluntary Principles to Mainstream Climate Action into their operations.

The landmark move was undertaken by 26 financial institutions, from both the public and private...

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World Bank launches $500 mln carbon market scheme

By : sustainabilityo..., Dec 2, 2015

The World Bank on Monday launched a $500 million market-based scheme designed to help developing countries pay for emission reductions and combat climate change.

Germany, Norway, Sweden and Switzerland have jointly pledged an initial $250...

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FinMin raises questions on OECD report on climate change finance

By : sustainabilityo..., Nov 30, 2015

Ahead of the climate conference in Paris, the Finance Ministry has raised questions over the progress in climate change finance that is aimed at $100 billion a year by 2020.

Raising questions about a recent report by the Organisation for Economic Cooperation and...

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Too many emission curbs to hit India’s competitive power: Goyal

By : sustainabilityo..., Nov 27, 2015

Ahead of Paris climate talks at the end of this month, Power Minister Piyush Goyal today said too many restrictions on carbon emission will curb India’s competitive strength.

“Too many restrictions on carbon emissions will curb India’s competitive strength. The...

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The Africa Climate Business Plan Fast-Tracks Climate Resilience

By : sustainabilityo..., Nov 26, 2015

A new plan created by the World Bank is aiming to fast-track the climate resilience and low-carbon development in Sub-Saharan Africa.

Revealed on Tuesday, the new plan calls for $16 billion to be invested to help Africa’s people and countries adapt to the rapidly...

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Not Good Enough: Meta-Analysis Of Climate INDC Studies

By : sustainabilityo..., Nov 24, 2015

Last week, analysts Kelly Levin and Taryn Fransen of the World Resources Institute munched and crunched about a dozen very recent reports that examine how far the world’s climate action commitments (intended nationally determined contributions) will combat global warming. Not...

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Global Investment in Climate Change Mitigation Reaches All-Time High in 2014

By : sustainabilityo..., Nov 20, 2015

As COP21 draws nearer, there is more and more hope that the 2015 UN Climate Summit will be a turning point in tackling climate change globally. And the...

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Barclays Hits £1 Billion Green Bond Target, Commits To £1 Billion More

By : sustainabilityo..., Nov 19, 2015

British banking giant Barclays announced Tuesday that it had reached its target of investing £1 billion in green bonds, and has committed to £1 billion more.

Just over a year ago,...

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