In Short : The Asian Development Bank (ADB) approved a $500 million loan to support India’s green infrastructure. The funding will enhance renewable energy, eco-friendly urban transport, and climate-resilient systems, aligning with India’s net-zero emissions target by 2070. This initiative promotes sustainability, reduces emissions, creates jobs, and strengthens ADB’s partnership in India’s sustainable growth and […]
India, Germany launch joint platform to boost global renewable energy investments – EQ
In Short : India and Germany have launched a joint platform to drive global investments in renewable energy projects. Announced during the RE-Invest 2024 event, this initiative is part of India’s efforts to achieve 500 GW of renewable energy capacity by 2030. The platform aims to attract international investors and enhance collaboration with countries like […]
ADB Proposes SDG Accelerator Bonds For Green Infrastructure Projects in Southeast Asia
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has launched a new report aimed at helping developing countries tap into global capital markets to support a green, resilient, and inclusive recovery from the coronavirus disease (COVID-19) pandemic and meet the Sustainable Development Goals (SDGs). The publication, Accelerating Sustainable Development after COVID-19: The Role of SDG […]
Why Investors Bought the First Certified Green Bond to Protect Forests for Drinking Water
Lake Maumelle in central Arkansas is a blue gem surrounded by rich forests of oak, hickory and short-leaf pine. Not only is it popular with local boaters and fishers, it also supplies much of the drinking water to half a million people in and around Little Rock. However, much of the land around the lake is privately […]
Govt must set up an investment trust to fund green infrastructure projects
The government needs to set up a Green Investment Trust to fund green infrastructure projects and look for an oversees green bond market. The “Earth Summit” of 1992, in Brazil, brought in a paradigm shift in concept of development with increasing recognition that environmental and economic policies must work in tandem to improve the quality […]