In Short : According to GTRI, achieving India’s 2030 solar targets could increase the annual import bill for solar equipment to approximately $30 billion. This surge is attributed to the growing demand for solar energy infrastructure needed to meet ambitious renewable energy goals. The reliance on imports highlights the need for strengthening domestic manufacturing capabilities […]
UAE commits $30 billion to climate change action vehicle ALTRRA at COP28 – EQ
In Short : The United Arab Emirates (UAE) has made a significant commitment of $30 billion to the climate change action vehicle ALTRRA at the 28th Conference of the Parties (COP28). This substantial financial commitment underscores the UAE’s dedication to addressing climate change and supporting global efforts to combat environmental challenges. In Detail : Dubai […]
PNC EXPANDS ITS ENVIRONMENTAL FINANCE PLEDGE TO $30 BILLION – EQ Mag
Focused on green buildings, renewable energy and clean transportation, commitment deepens the bank’s support of clients transitioning to a low-carbon economy PITTSBURGH : The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion […]