In Short : Power Minister Manohar Lal highlighted the importance of climate finance in accelerating India’s clean energy transition. He stressed the need for increased investments in renewable energy, energy efficiency, and low-carbon technologies to achieve national sustainability goals. Strengthening climate finance mechanisms is crucial for enabling large-scale decarbonization, fostering green growth, and supporting India’s […]
India Showcases Solar Surge, Urges Fair Climate Finance at BRICS Environment Summit – EQ
In Short : At the BRICS Environment Ministers’ meet in Brazil, India showcased a 4,000% surge in solar capacity over the past decade and reaffirmed its Paris goals achievement. It strongly advocated for scaled-up, predictable climate finance to support developing nations. The BRICS bloc urged wealthy countries to increase concessional funding and backed reforms in […]
Framework of India’s Climate Finance Taxonomy – EQ
Framework of India’s Climate Finance Taxonomy For more information please see below link:
India’s Climate Finance Taxonomy: The Green Rulebook – EQ
The Ministry of Finance has released the Draft Framework of India’s #Climate #Finance #Taxonomy, and for anyone working in sustainability, finance, policy, infrastructure or #ESG, this is a document that demands your attention. What is it? The Climate Finance Taxonomy is India’s first official classification system to define what qualifies as a “climate-aligned” activity or […]
South Africa’s G20 presidency to prioritise climate finance – EQ
In Short : South Africa’s G20 presidency will focus on climate finance, debt relief, and fair access to critical minerals. President Cyril Ramaphosa urges developed nations to fulfill financial commitments to aid developing economies. The agenda includes boosting green investments and reforming global credit systems. However, geopolitical tensions, including U.S. criticism, pose challenges to achieving […]
India’s Intervention at the Plenary Session of the UNFCCC-CoP29 – EQ
In Short : At COP29 in Baku, India condemned unilateral trade measures like the EU’s Carbon Border Adjustment Mechanism (CBAM) as inequitable and harmful to global cooperation. Emphasizing equity and the CBDR principle, India urged climate policies to focus on concessional finance and capacity-building for developing nations, ensuring just transitions and sustainable development. In Detail […]
India expresses dissatisfaction on unwillingness by Developed countries to engage on Climate Finance and Mitigation Work Programme at CoP29 in Baku, Azerbaijan – EQ
In Short : At COP29 in Baku, Azerbaijan, India expressed dissatisfaction over the reluctance of developed countries to engage meaningfully on climate finance and the Mitigation Work Programme. India emphasized that developed nations, historically responsible for the majority of emissions, must fulfill their financial commitments to support developing countries in addressing climate change. The lack […]
India delivers Statement on behalf of Like-Minded Developing Countries at the High-Level Ministerial on Climate Finance in CoP29 Summit at Baku, Azerbaijan – EQ
In Short : At COP29 in Baku, India, representing Like-Minded Developing Countries (LMDCs), highlighted the unmet $100 billion climate finance pledge from developed nations. It emphasized the need for equitable climate finance, prioritizing adaptation, loss and damage, and reforms to improve finance delivery mechanisms. India called for transparent accountability, a balance between public and private […]
India’s push for $1 trillion in climate finance to take centre stage at COP29 – EQ
In Short : India’s call for $1 trillion in climate finance will take center stage at COP29, as the country advocates for increased financial support to tackle climate change. The push focuses on securing funding for climate mitigation, adaptation, and technology transfer, particularly for developing nations. India’s stance aims to highlight the urgent need for […]
Multilateral Development Banks to Boost Climate Finance – EQ
In Short : Multilateral Development Banks (MDBs) are crucial for boosting climate finance, particularly in developing countries. By leveraging resources, mitigating risks, and providing technical support, MDBs help mobilize large-scale investments for climate adaptation and mitigation projects. Their efforts align with global goals like the Paris Agreement, though challenges remain, including funding gaps and the […]