climate-change

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Netherlands to Spend €28 Billion on New Climate Package

The Netherlands has presented a new climate package worth €28 billion (~$31 billion) to reduce greenhouse gas emissions and combat climate change, in line with the...

May 8, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Australia to Introduce Sovereign Green Bonds Program in 2024

The Australian Government will introduce a sovereign green bonds program in 2024 to enable investors to support public projects driving Australia’s net-zero...

April 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Hard-to-abate Sectors Call for Financing to Support Decarbonization

Decarbonization budgets are a significant source of concern, with less than a third of executives from ‘hard-to-abate’ industries saying they have adequate budgets to...

March 9, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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MIT Researchers Find Way to Remove Carbon Dioxide from Seawater

Researchers from the Massachusetts Institute of Technology (MIT) said they have discovered the key to removing carbon dioxide directly from ocean water, which absorbs...

February 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Technology
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Cabinet Approves ₹197 Billion National Green Hydrogen Mission

The Union Cabinet has approved the National Green Hydrogen Mission to facilitate demand creation, production, utilization, and export of green hydrogen with an initial...

January 4, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Reaches Deal on Major Carbon Market Reform to Cut Emissions by 2030

European Union (EU) member states and parliamentarians have agreed on a major reform to the bloc’s carbon market or emission trading system (ETS) to reduce...

December 19, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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India Could Attract $1.6 Trillion for Developing Technology to Tackle Climate Change

The steadily rising temperatures due to climate change could create investment opportunities worth $1.6 trillion by 2040 in alternative and innovative energy-efficient...

December 8, 2022

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Satish Shetty

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Energy Efficiency

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Finance and M&A

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Other
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EU to Speed Up Permissions and Deployment of Renewable Projects

The European Union energy ministers have agreed on a temporary framework, valid for 18 months, to accelerate the permit-granting process and the deployment of renewable...

November 28, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Study Says Faster Renewable Adoption Can Cut Emissions by Half

A new study by Columbia University reveals that building the infrastructure for cleaner energy generation will by itself create carbon emissions. A huge chunk of the...

November 25, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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India Announces Long-Term Low-Carbon Development Strategy at COP27

At the UN Climate Change Conference (COP27) in Egypt, India unveiled a multi-pronged strategy to achieve low-carbon growth, which includes expanding and stabilizing the...

November 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Climate Plans Aimed at Limiting Global Temperature Rise Remain Insufficient: Report

Climate plans are bending the curve of global greenhouse gas emissions downward but remain insufficient to limit rising temperatures to 1.5°C as set out in the 2015...

October 31, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Jobs Globally Reach 12.7 million, Asia Accounts for Two-Thirds

Worldwide employment in renewable energy reached 12.7 million in 2021, an increase of 700,000 new jobs despite economic setbacks resulting from Covid-19 and the growing...

September 27, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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India Pledges 50% of the Installed Power Capacity from Non-Fossil Sources by 2030

The Union Cabinet has approved the Nationally Determined Contribution (NDC) as part of the global response toward climate change goals as agreed under the Paris...

August 5, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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1.5°C Goal is Alive but, its Pulse is Weak: COP26 Concludes

The 2021 United Nations Climate Change Conference (COP26) concluded with nearly 200 countries agreeing with the Glasgow Climate Pact to keep the target of limiting...

November 18, 2021

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Arjun Joshi

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Other

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Renewable Energy

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