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.
COP29: Hope for Climate Mitigation and Climate Fund
Climate incidents have played global havoc. The loss and damage are yet to be established. All eyes are now on COP29
India to Develop Taxonomy for Climate Finance
The GoI plans create a taxonomy for climate finance to increase the availability of funding for climate change adaptation
BRICS Environment Ministers Review Progress
BRICS countries must maintain close multilateral ties, to uphold equity and CBDR-RC values, and adopt sustainable lifestyles
G7 Agrees to Coal Phase-Out
The G7 decision is a crucial step towards the coal phase-out of polluting fuel from energy generation, based on consensus among major forces
SIDBI Secures $120 M Green Climate Fund Project
The green climate fund will contribute to the adaptation, mitigation, and strengthening of resilience in economically vulnerable sectors
Four government initiatives in sustainable energy sector this week
Despite initial concerns about the hurdles in sustainable energy, India’s 2070 net-zero goal is gaining traction due to recent policy actions
