In Short : A consortium of global lenders is set to finance Brookfield Asset Management renewable energy projects in India with $600 million. Covering over 1 GW of hybrid capacity, the initiative highlights strong international confidence in India’s clean energy sector. The projects will accelerate renewable deployment, strengthen energy security, and support the country’s transition […]
Global banks keep up pace with $742bn in fossil fuel finance despite climate pledges – EQ Mag Pro
World’s largest lenders provided only slightly less financing last year than in 2020, analysis shows JPMorgan Chase remains the biggest financier of fossil fuels Cumulative fossil fuel financing, 2016-21 Global banks provided $742bn in financing to coal, oil and gas companies last year, despite the fanfare of climate pledges by lenders that signed up to […]