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Moody's lowers forecast for green bond issuance this year

By : Sustainability ..., May 6, 2020

Moody's said on Tuesday it had lowered its estimate for green bond issuance this year to $175 billion to $225 billion, down from its previous forecast of $300 billion, due to the economic effects of the coronavirus pandemic. Green bonds are fixed-income securities that raise...

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Covid-19: World Bank sees FY21 India growth at 1.5-2.8%, slowest since 1991

By : Sustainability ..., Apr 13, 2020

India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year as the coronavirus outbreak severely disrupts the economy, the World Bank said on Sunday. India's economy is expected to grow 1.5 per cent to 2.8 per cent in the 2020-21...

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Covid-19 will result in greater income inequality and unemployment, says Kaushik Basu

By : Sustainability ..., Apr 3, 2020

Coronavirus will go, but the kind of world it will leave behind will be a very different one than now. There are widely varying views on how the new world will look, with each expert looking at it from his or her perspective. Dr Kaushik Basu, Professor of Economics at the...

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Climate change could put 4.5% of India’s GDP at risk: Study

By : Sustainability ..., Mar 9, 2020

Climate change and global warming may hit India’s GDP within a decade, a report published by the McKinsey Global Institute (MGI) has said. By 2030, temperatures in India could reach such levels that outdoor workers may be forced to cut short their daylight working hours to...

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Air pollution costs India $150 billion a year

By : Sustainability ..., Feb 13, 2020

Air pollution from burning fossil fuels is generating economic losses of $8 billion a day, according to a Greenpeace report. That’s about 3.3% of global gross domestic product, or $2.9 trillion per year, according to a report from Greenpeace Southeast Asia and Center for...

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India ranks 5th in Global Climate Risk Index

By : Sustainability ..., Dec 5, 2019

India is the fifth most vulnerable country to climate change, according to a report released by Environment think tank, Germanwatch. In the Climate Risk Index 2020, India’s rank has worsened from the 14th spot in 2017 to 5th in 2018 in the global vulnerability ladder. India...

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Understanding The Economic Consequences Of Climate Change For India

By : Sustainability ..., Apr 15, 2019

As per a report authorized by the UN Inter-governmental Panel on Climate Change (IPCC), India's exposure and high vulnerability to the adverse effects of climate change could hinder its economic...

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