In his address, Choubey said the country is focussed on lowering its carbon emissions by reducing its dependency on fossil fuel. New Delhi : India’s growing population needs to be controlled, Minister of State (MoS) for Environment Ashwini Kumar Choubey said on Friday, while reiterating that it is not easy to ensure development, clean air […]
India’s Coal Ambition Negating Its Climate Action, Feel Experts
Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that the expansion and addition of new coal-based power plants is negating its climate actions. New Delhi : Although India’s total installed renewable energy generation capacity crossed the 100 GW-mark in an incredible achievement, experts feel that […]
Momentum of Climate Action Can Be Expedited When There is Enough Financial Support: Yadav
New Delhi : The momentum of climate action can be accelerated only when there is enough financial and technological support to developing nations, Union Environment Minister Bhupender Yadav said on Friday. Speaking virtually on the second and concluding day of the 16 th Environment Ministerial Meeting of G20 countries, Yadav sought that the grouping must […]
Public Electric-Vehicle Charging Network to Expand in Chilliwack
Four new EV charging stations to be installed near Five Corners in downtown Chilliwack. Chilliwack is getting four new charging stations for electric vehicles. The EV chargers will be installed in a city-owned parking lot just north of Five Corners. Work on the new charging stations is expected to begin in October 2021 and cost […]
EUR 56 Billion EIB Response to COVID-19 Crisis, Climate Action And Stronger Development Focus Welcomed By EU Finance Ministers
President Hoyer confirms EUR 56 billion EIB Group backing for COVID response since pandemic EUR 24 billion increased EIB support for climate action EIB to enhance impact of engagement and presence outside Europe Finnish Finance Minister Annika Saarikko to be new chair of EIB Board of Governors European finance ministers today welcomed the European Investment […]
DBS, SGX, Standard Chartered and Temasek to Take Climate Action Through Global Carbon Exchange and Marketplace
DBS, SGX, Standard Chartered and Temasek to develop a carbon exchange and marketplace, Climate Impact X; providing organisations with high-quality carbon credits to address hard-to-abate emissions Climate Impact X will use satellite monitoring, machine learning and blockchain technology to enhance transparency, integrity and quality of carbon credits. Forged as a result of Singapore’s Emerging Stronger […]
5 Ways the World Bank’s Climate Action Plan Could Go Further
The recent 2021 World Bank Group/International Monetary Fund spring meetings took place during challenging times. The COVID-19 pandemic has caused loss of life and exacerbated global poverty and inequality, while draining governments resources. Meanwhile, the impacts of climate change are starting to be felt on a broad scale, resulting in the loss of homes, crops […]
KSA’s Solar Energy Investment Pivotal to Achieving Climate Action and Economic Objectives of Vision 2030
The opening of the Sakaka solar power plant coupled with the announcement of seven new solar power projects as part of the new Saudi Arabia Green initiative makes a powerful statement that one of the world’s leading oil producers is absolutely committed to being a leader in the global fight against climate change. By Nava […]
New €100 Million EIB and State Bank of India Private Sector Climate Action Initiative Launched at EU-India Leaders Meeting
Strengthened EIB support for climate action and environmental sustainability in Asia EIB investment in Neev Fund II one of its first equity operations in India Neev Fund II is a result of the shared commitment of the EIB and SBI to supporting climate action and environmental sustainability The private equity fund will invest up to […]
EIB backs € 3.4 billion investment for climate action and clean energy, sustainable transport, communications, water and private sector
€ 2 billion to scale up the use of renewable energy € 700 million for sustainable transport € 720 million for corporate research, innovation and business investment € 837 million for urban investment, housing, education and communications € 3.4 billion of new financing approved today by the European Investment Bank (EIB) will accelerate shift towards […]