In Short : The Environment Ministry has removed the dual compliance of Environmental Clearance (EC) and Consent to Establish (CTE) for 39 non-polluting industries, including white-category sectors like solar and wind energy. Industries with EC now bypass CTE, reducing delays and costs while maintaining environmental safeguards. This reform simplifies approvals, boosts ease of doing business, […]
India’s Intervention at Final Plenary of INC-5, in Busan, bats for a critical balance between preventing Plastic Pollution and affecting sustainable development, especially of Developing Economies – EQ
In Short : India’s intervention at INC-5 in Busan urged balancing plastic pollution prevention with sustainable development for developing economies. Highlighting the need for globally binding rules, India emphasized reducing plastic waste while protecting livelihoods reliant on plastics. The discussions aim to finalize a UN treaty addressing plastics’ full lifecycle, fostering environmental and economic harmony. […]
ADB Commits to Strengthening Disaster Resilience in New Action Plan – EQ
In Short : The Asian Development Bank (ADB) has launched a new action plan aimed at strengthening disaster resilience across its member countries. This initiative focuses on enhancing preparedness, response, and recovery strategies to mitigate the impacts of natural disasters. The plan includes investments in infrastructure, risk assessment, and community engagement, emphasizing the importance of […]
ADB Issues its First Biodiversity and Nature Bond – EQ
In Short : The Asian Development Bank (ADB) has issued its first Biodiversity and Nature Bond, aimed at financing projects that protect and restore biodiversity. This innovative financial instrument will support initiatives focused on sustainable land use, conservation efforts, and climate resilience. By attracting investments for nature-related projects, ADB seeks to address environmental challenges and […]
UN Climate Secretary Calls for Increased Climate Finance Ahead of COP29 – EQ
In Short : Ahead of COP29, the UN Climate Secretary urged nations to “step up, scale up” climate finance. Highlighting the urgent need for increased funding, the Secretary emphasized that developing countries require more support to combat climate change effectively. Enhanced financial commitments and innovative funding mechanisms are essential for addressing climate-related challenges and ensuring […]
Vedanta pledges Rs 1lakh crore for refinery and plant in Odisha – EQ
In Short – Vedanta has pledged ₹1 lakh crore for a refinery and plant in Odisha. This substantial investment aims to boost the state’s industrial growth and create numerous job opportunities. The project reflects Vedanta’s commitment to enhancing local infrastructure and supporting sustainable development in the region, contributing to India’s overall economic progress. In Detail […]
Union Minister of State Sh. Kirti Vardhan Singh and Colombian Vice Minister Mr. Jorge Enrique Rojas Rodriguez Discuss Climate Change, Strengthen Environmental Cooperation – EQ
In Short : Union Minister of State Sh. Kirti Vardhan Singh met with Colombian Vice Minister Mr. Jorge Enrique Rojas Rodriguez to discuss climate change issues. They emphasized the importance of collaboration in tackling environmental challenges and enhancing bilateral cooperation. The meeting aimed to strengthen ties between India and Colombia, focusing on sustainable development and […]
New Publications by GEMs Consortium Offer Further Insights into Emerging Market Credit Risk – EQ
In Short : The GEMs Consortium has released new publications that provide deeper insights into credit risk in emerging markets. These publications analyze current trends, challenges, and methodologies for assessing credit risk, helping investors and stakeholders make informed decisions. By focusing on emerging markets, the reports aim to enhance understanding and management of credit risks, […]
India Urged To Lead In Clean Development, Not Follow Outdated Western Practices: Commonwealth Secretary General – EQ
In Short : The Commonwealth Secretary General has urged India to lead in clean development and avoid outdated Western practices. Emphasizing India’s potential, she called for innovative, eco-friendly approaches to economic growth, positioning India as a global leader in sustainable development and climate action. In Detail : Amid escalating climate impacts, Commonwealth Secretary-General Patricia Scotland […]
CM Naidu pledges full support to Modi’s vision for sustainable development – EQ
In Short : CM Naidu has pledged full support for Prime Minister Modi’s vision of sustainable development, emphasizing collaboration to achieve environmental goals, enhance green initiatives, and promote eco-friendly practices to ensure a healthier and more sustainable future for India. In Detail : Vijayawada: Chief Minister Nara Chandrababu Naidu has lauded Prime Minister Narendra Modi […]