Is a Breakthrough Possible at COP29?
As COP29 draws to a close, delegates await updates on negotiations regarding a new climate finance target during COP29 climate talks
India Pushes for Equitable Climate Action
Though India met its 2015 emission reduction targets, it still faces significant challenges in balancing economic growth with climate action.
MDBs Pledge $120B Climate Finance
Multilateral development banks (MDBs) have pledged $120 billion in climate finance for countries to achieve climate outcomes
Climate finance Target: Real or Hogwash?
India is advocating for a $1 trillion annual climate finance target at the Azerbaijan United Nations Climate Change Conference or COP29
IFC’s $400 Million Support to Bajaj Finance Fund Raising Initiative
The funding for Bajaj Finance aims to support women-owned microenterprises, improve access to climate finance for EVs and EECG, promote financial inclusion
$78 T Needed to Achieve Net-Zero and 1.5 C Warming
A new report says that decisive action is needed to achieve net-zero by 2050, as world is currently on path for 2.5˚C to 3˚C global warming
5 Statements UN Climate Secretary Made to Step Up Climate Finance
The UN Climate Secretary made pertinent observations about the co-relation between climate finance and climate action. These 5 statements sum up his sentiments.
Vivriti Capital Secures $25 Million from ADB for Climate Finance
Vivriti Capital will use atleast 30 percent of the funds for EV financing, including charging stations and battery swapping stations.
Climate Financing Start-up Raises $6.3 M
Climate financing start-up Two Point O Capital has raised $6.3 million in a seed funding round led by Omnivore.
India Working on International Cooperation to Empower Global South
India is prioritizing international cooperation and is assessing its financial requirements at COP29 to set quantifiable goals.
COP 29 President Sets 14-Point Action Agenda
The COP 29 President has announced a 14-point action agenda to accelerate climate action and supplement the formal negotiated agenda
Sovereign Green Bonds May be Traded at IFSC
The Indian government introduced sovereign Green Bonds in FY 23 to mobilize funds for sustainable public sector projects.
