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UK Climate Investments to pour GBP 200m in India, Africa

By : sustainabilityo..., Nov 18, 2015

A green joint venture between the UK government-backed Green Investment Bank Plc (GIB) and the Department of Energy and Climate Change (DECC) will invest up to GBP 200 million (USD 304m/EUR 284m) in India and Africa.

The announcement was made last week, as part of a...

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Climate change investment up 18 pct in 2014 as clean energy surges

By : sustainabilityo..., Nov 18, 2015

Global investment in activities to reduce planet-warming emissions and vulnerability to climate change grew 18 percent to $391 billion in 2014, as private backing for renewable energy technologies surged, researchers said.

More money than...

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India Innovation Lab to call for funding ideas

By : sustainabilityo..., Nov 16, 2015

The India Innovation Lab for Green Finance, part of the Global Innovation Lab for Climate Finance, will call for funding ideas from November 23.

“Examples might be credit enhancement of renewable energy projects to attract institutional investors, or tools to reduce...

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Subject Tags: Climate Finance

BRICS New Development Bank to finance its first renewable energy project — Indian PM

By : sustainabilityo..., Nov 16, 2015

The New Development Bank of the BRICS (an association of Brazil, Russia, India, China and South Africa) is to finance its first project in the sphere of renewable energy, India’s Prime Minister Narendra Modi said on Sunday at a meeting of the BRICS leaders on the sidelines of...

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Indian Railways To Issue Green Bonds

By : sustainabilityo..., Nov 16, 2015

One of the world’s largest rail networks is planning to raise funding through green bonds to finance development of renewable energy infrastructure.

Indian Railways is expected to issue its first...

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Pre-COP21 Meeting Jumps Some Review and Finance Hurdles

By : sustainabilityo..., Nov 16, 2015

High-level government officials and ministers from more than 70 countries attended a meeting Monday and Tuesday of this week. It served as a precursor to the upcoming 21st session of the Conference of the Parties to the UN Framework Convention on Climate Change.

The...

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Green bond issues surpass 2014 total to set new record

By : sustainabilityo..., Nov 12, 2015

The green bond market has edged past last year's record issuance with almost $36.7 billion of new issues so far this year, and more believed to be on the way.

India makes strong pitch for climate finance ahead of Paris climate summit

By : sustainabilityo..., Nov 12, 2015

With the world expecting to sign a global climate deal in Paris next month, India on Tuesday said that the crucial issue of post-2020 finance would be fundamental to the success of the climate summit in the French capital where the countries would hopefully arrive at an...

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U.N. climate fund approves first projects ahead of Paris summit

By : sustainabilityo..., Nov 6, 2015

A multi-billion dollar fund set up by the United Nations to help poor countries tackle climate change on Friday approved its first eight projects, which will receive $168 million, a key step before a global climate summit starts on Nov. 30....

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India wants Paris climate change pact to recognise its need for growth, funding

By : sustainabilityo..., Nov 6, 2015

India has demanded that the climate change pact to be agreed upon at the UN-sponsored climate meet in Paris (COP-21) in December should recognise its need for growth, assign differentiated responsibilities on countries based on their carbon emissions in the past, enhance the...

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