NZBA Drops the Binding 1.5 DegreeC Net-Zero Mandate
NZBA allows banks greater flexibility in managing targets and transitioning balance sheets while maintaining net-zero by 2050 low or no overshoot 1.5°C pathways
GreenLine Commits $275M for Electric and LNG Trucks
GreenLine Mobility Solutions Ltd, announced a $275 million equity investment to help deploy over 10,000 LNG and EV trucks and set up 100 LNG refuelling stations and EV charging points.
India, Singapore Sign LoI for Green Shipping Corridor
The partnership between Singapore and India will be formalized through a memorandum of understanding on the Singapore-India Green Shipping Corridor
ONGC Videsh, Petrobras Partner for Joint Opportunities
Both companies will work together to explore opportunities across upstream, marketing, decarbonization, and low-carbon solutions.
GoI to Establish National Green Financing Institution
The National Green Finance Institution will help to fast-track the country’s green transition and bridge the financing gap in the renewable energy sector
Vijay Nirani Appointed Co-Chair of India SAF Alliance
The India SAF Alliance, initiated by The Carbon Market Association of India (CMAI), aims to accelerate SAF adoption and foster collaborative efforts towards achieving India’s climate goals
Miral Announces Sustainability Strategy
Miral has unveiled its Sustainability Strategy, aiming to become a regional benchmark for sustainable LET experiences by 2030
UAE Fast-Tracking Decarbonization with Smart Infrastructure
UAE aims to achieve 44% renewable energy capacity by 2050 by promoting, developing, and implementing advanced policies and technologies for smart infrastructure
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
Green Pathways for the Steel Industry
A report presents a comprehensive plan for India’s steel industry to decarbonize, addressing various aspects of carbon emissions
MPSF, DNV Partner for Sustainable Maritime Sector
Under the MoU, DNV team will collaborate with MPSF to explore low-carbon fuel bunkering, storage, and leverage MPSF ESG and circularity Center
Leading Indian Companies Fall Short of RE/Decarbonization Targets
Indian corporates are falling short of their decarbonization targets; only 5% of their yearly electricity consumption comes from RE
