You are here

L&T Infra Finance gets USD 50 mn from AIIB for renewable energy funding

By : Chetanya Mehra, Jul 8, 2020

L&T Infrastructure Finance Company Ltd (LTIFCL) on Tuesday said it has received the first tranche of USD 50 million of the total USD 100-million ECB loan...

Read more..

EU lawmakers ban nuclear from green transition fund, leave loophole for gas

By : Chetanya Mehra, Jul 7, 2020

European Union leaders are split over which fuels deserve support from the bloc's flagship green energy fund, after...

Read more..

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...

Read more..

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...

Read more..

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...

Read more..

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....

Read more..

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...

Read more..

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-...

Read more..

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...

Read more..

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. ...

Read more..