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Climate, Environment, Renewable Energy
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Shell wins appeal against landmark Dutch climate ruling
The appeals court in The Hague said Shell had a responsibility to...
SBI Ventures plans to raise $237 million Climate Fund
The fund will invest in small and mid-sized companies that are...
World far short of climate goals during ‘decade of action’ -report
The report also said big developing countries like India and China, which in 2018 accounted for 42% of all emissions, "will dominate the uncertainty” in climate progress with their emissions growing faster in coming years than emissions are reduced elsewhere...
SCOR Investment Partners launches an ESG focused debt fund
SCOR Infrastructure Loans IV, available to institutional investors, has secured an investment commitment of EUR 150 million from SCOR, the company’s anchor investor, and has a target fund size of between EUR 750 million and EUR 1 billion. Paris: SCOR Investment...
DBS Bank India launches Green Deposits programme enabling institutions to support sustainable projects
The Green Deposits proposition combines all the benefits of a regular fixed deposit with a commitment from DBS to support green and sustainable loans disbursed by the bank Mumbai: In line with its focus on responsible banking, DBS Bank India has announced the launch...
India plans Rs 24,000 cr sovereign green bond as economy goes low carbon
India's maiden foray into the green bond space comes as it plans to fund renewable energy projects that will help meet its goal of net-zero emissions by 2070. The government is expecting lower yields on green bonds, as otherwise it sees little purpose in issuing them,...
Govt plans rejuvenation 13 rivers by forestry interventions, increase forest cover by 7,417.36 sq km
The proposed ''forestry interventions'' will help to sequester 50.21 million tons carbon dioxide equivalent in 10-year-old plantations and 74.76 million tons of CO2 equivalent in 20-year-old plantations, senior officials said The proposed interventions in the 13...
Mumbai becomes first South Asian city to detail net-zero roadmap
By 2050, rising sea levels are expected to flood those parts of the city. In total, unabated climate change could cost the city $920 million Drawing on inputs from officials, citizens, researchers and companies, Mumbai’s plan lists changes across six domains. This...
Investors push 10,000 companies to disclose environmental data to CDP
The call comes as money managers demand better information on climate change, biodiversity and water security to help them analyse the performance of company boards as the world looks to come good on a plan to limit human-driven global warming This year, more than 680...
India needs $ 20 billion investments each year to achieve climate targets: Report
The narrative around ESG has changed significantly over the last couple of years, from being seen as compliance imperative to taking the centre stage at boardroom discussions and driving investment and business strategy decisions, FICCI said in a statement New Delhi;...
Climate action lags as COVID hits goals in developing nations
Across the world, COVID-19 has hit economic growth and tax revenue, making it harder for governments - particularly in developing nations - to meet their targets on cutting carbon emissions and adapting to climate change Across sub-Saharan Africa, rising debt...
US says $ 100 billion soon to help poor nations with climate
U.S. climate envoy John Kerry Kerry said to fund the economic transition that all countries must make to tackle climate change, "it's going to require not just $100 billion but trillions of dollars.No single government — no group of governments — can meet the $2.5...