In Short : Union Minister Bhupender Yadav, speaking at FICCI’s 4th edition of LEADS, emphasized green finance as the foundation for sustainable and collaborative growth. He highlighted the need for increased investments in clean technologies, renewable energy, and climate resilience. Yadav underlined that aligning financial flows with environmental priorities is crucial for India’s sustainable development […]
Green finance for sustainability – EQ Mag Pro
Egypt is introducing more green finance solutions as a way of facing up to climate change, writes Ahmed Kotb The transition to green energy is now a top priority worldwide, as it is clear that the impacts of climate change will affect every country. One of the contested issues in climate policies, debated at every […]
Role of green finance in accelerating India’s Green Hydrogen Revolution – EQ Mag Pro
In the initial phase, to mobilise the necessary capital to make Green Hydrogen bankable, the role of the government and multilateral funding agencies will be crucial This year has undoubtedly been pivotal for green hydrogen. The Hydrogen Insights 2021 report by the Hydrogen Council is testimony to that. Over 30 nations have released hydrogen roadmaps, […]
Green Finance Set to Touch $2.36 Trillion Globally by 2023: Report
The concept of green bonds in the global finance ecosystem is fast catching up. Green bonds valued at $106.86 billion were issued in just the first quarter of 2021, according to a report published by the British non-profit Climate Bonds Initiative. A green bond is a type of fixed-income instrument that is specifically earmarked to […]
Why Investors Bought the First Certified Green Bond to Protect Forests for Drinking Water
Lake Maumelle in central Arkansas is a blue gem surrounded by rich forests of oak, hickory and short-leaf pine. Not only is it popular with local boaters and fishers, it also supplies much of the drinking water to half a million people in and around Little Rock. However, much of the land around the lake is privately […]
With Patchy Guidance, Companies May Have Climate Risk Blind Spots
The record-breaking wildfires and hurricanes of 2020 may not stand out as the worst catastrophes in a year defined by compounding crises. But these natural disasters are among the long list of physical climate hazards becoming more frequent and intense. Globally, natural disasters caused $210 billion in damages in 2020, $95 billion in the United States alone. Scientific evidence tells us […]
Will China Finally Block “Clean Coal” from Green Bonds Market?
Chinese regulators recently proposed eliminating so-called “clean coal” from the list of projects that can raise funds using green bonds. While this may not sound like a big deal, if it goes through, it could be the start of a much-needed transformation in China’s green finance market – and a move away from coal power, which […]
‘Green finance’ led by S’pore can help mobilise global action against climate change: Ong Ye Kung
SINGAPORE: Even though Singapore accounts for only a tiny fraction of global emissions, it aims to use “green financing”, technology and innovation to help mobilise the fight against “the ultimate challenge for humankind” of climate change, Education Minister Ong Ye Kung said on Monday (Nov 11). Mr Ong, who is also a board member of […]
China provides $1 billion in ‘green’ finance to coal projects in first half of the year
SHANGHAI: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]
The urgent case for green finance
Existing sources of capital will not suffice to tackle climate change concerns. Here’s what needs to be done. Mumbai: A silent revolution is taking place, one which we cannot ignore. Climate change has been thrust into the foreground of the public consciousness and institutional investors are under pressure to act. This year’s annual general meeting […]
