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Green recovery can revive virus-hit economies and tackle climate change: study

By : Sustainability ..., May 5, 2020

Massive programmes of green public investment would be the most cost-effective way both to revive virus-hit economies and strike a decisive blow against climate change, top U.S. and British economists said in a study published on Tuesday. With co-authors including Nobel...

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In talks with Indian firms to issue green bonds: Luxembourg Stock Exchange CEO

By : Sustainability ..., Jan 22, 2020

The Luxembourg Stock Exchange is in talks with Indian conglomerates to issue green bonds and tap into India's green finance market, its CEO Robert Scharfe has said. “Some Indian banks have tapped into the market and a number of companies are considering this. Bond market is...

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Policy action needed to boost green financing: RBI

By : Sustainability ..., Dec 26, 2019

The Reserve Bank of India said that “policy action is needed” to set up an enabling framework to promote green financing in India. The development of green financing—funding of environment-friendly sustainable development— faces many challenges including false compliance...

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Climate Transparency Review Warns All G20 Countries Need to Increase NDC Ambition

By : Sustainability ..., Nov 20, 2019

Climate Transparency has released the 2019 ‘Brown to Green’ report, an annual review of climate action by the Group of 20 (G20). The report analyzes G20 country mitigation, adaptation and finance measures, and assesses where G20 countries are in relation to 1.5°C benchmarks....

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City of London explores steps to ‘supercharge’ India’s green finance sector

By : Sustainability ..., Nov 8, 2019

Aiming at “supercharging” India’s green finance sector, the City of London Corporation, the financial hub of the British capital, on Thursday unveiled a series of recommendations, including reducing structural barriers to investment and innovative financing mechanisms...

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IFC looks to provide $43.3 million debt financing to Hero Future Energies for solar farm business

By : Sustainability ..., Apr 26, 2019

International Finance Corporation, a sister organisation of the World Bank, is looking to invest $43.3 million in Munjal family-promoted Hero Future Energies Global (HFE) through the debt-...

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Amazon India partners with Kudumbashree in Kerala

By : Sustainability ..., Mar 8, 2019

Amazon India recently signed an agreement with Kudumbashree, a poverty eradication and women empowerment programme of the Kerala State Poverty Eradication Mission for its initiative called...

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Andhra Pradesh gets fresh lithium battery investment worth $485m

By : Sustainability ..., Mar 7, 2019

The Andhra Pradesh Economic Development Board has signed two memoranda of understanding for investments worth INR3,400 crore ($485 million) in lithium ion cell and battery manufacturing. ...

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Fortum boosts solar pipeline winning 250MW India project

By : Sustainability ..., Mar 5, 2019

Fortum in the latest Solar Energy Corporation (SEC) tender has won the right to build a 250MW solar array in the Indian state of Rajasthan, adding to a growing solar portfolio of the Finnish...

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‘Cheap money’ to speed up global PV, storage momentum

By : Sustainability ..., Feb 22, 2019

Cheaper finance from development players would shorten the renewable transition of many countries and kickstart the local small-scale PV and storage market, according to BloombergNEF (BNEF). ...

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