Tags: climate action

IFC, HDFC Partners to Promote Affordable Green Housing Finance for Low-income Borrowers in India

Low- and middle-income borrowers will be able to own homes with improved access to finance, thanks to a new investment aiming to boost affordable housing finance in India, while supporting the country’s climate goals by focusing on green affordable housing. IFC’s $250 million loan to HDFC Ltd—India’s largest housing finance company—will support its moves to grow its affordable housing […]

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The momentum of climate action can be accelerated when there is enough financial support: Yadav

The momentum of climate action can be accelerated only when there is enough financial and technological support to developing nations, Union Environment Minister Bhupender Yadav said on Friday. Speaking virtually on the second and concluding day of the 16 th Environment Ministerial Meeting of G20 countries, Yadav sought that the grouping must respond to the […]

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Poor operation and maintenance of water harvesting threatening water security in Yavatmal: Study

According to a study by the Institute for Sustainable Communities water security in Yavatmal district could be at risk if steps are not taken to revive and renovate water harvesting and recharge structures. The report titled “Water Harvesting and Recharge Structures in Yavatmal District: A Status Check” examines the current status of the water harvesting and recharge structures and measures their effectiveness based on an analysis of the […]

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Vedanta Aluminium invites waste-to-wealth partnerships with cement industry for low-carbon products

Vedanta Aluminium Business invites partnerships from cement producers for using its by-products for manufacturing low-carbon cement. The company expressed its interest for long-term collaboration with cement industry players on opportunities of using fly ash (a by-product in thermal power generation) and bauxite residue (a by-product of producing alumina from bauxite) in cement manufacturing, in a […]

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Climate-focused investors give warm welcome to EU masterplan

European Union climate masterplan to raise the cost of pollution and eliminate emissions is a step towards a single carbon price that many investors striving to make companies more sustainable say can help to engineer deeper change. In its biggest climate package yet, the European Commission, the EU’s executive body, on Wednesday announced 13 policy […]

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World Bank Group Increases Support for Climate Action in Developing Countries

The World Bank Group has announced its new Climate Change Action Plan that aims to deliver record levels of climate finance to developing countries, reduce emissions, strengthen adaptation, and align financial flows with the goals of the Paris Agreement. The Action Plan for 2021-25 broadens World Bank Group efforts from investing in “green” projects to helping countries […]

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River water quality in India did not improve during COVID lockdowns: CSE

India has 39 glaciers and water bodies that are melting fast and have recorded more than 40 per cent increase in water levels since 2009. The states at high risk are Assam, Arunachal Pradesh and the erstwhile state of Jammu & Kashmir. In October 2020, 136 glaciers had indicated an increase in area by 20 […]

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EESL, TERRE signs MoU to Mainstream carbon neutrality in the Higher Educational institutes

Accelerating the momentum for promoting Sustainable Development Goals and carbon neutrality across the national Universities and Higher Educational Institutes through energy efficiency and renewable energy, Energy Efficiency Services Limited (EESL), a joint venture under the administration of Ministry of Power has signed a Memorandum of Understanding (MoU) with Technology, Education, Research and Rehabilitation for the […]

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Supporting battery swapping solutions would lead to faster EV adoption: Chargeup

Founded in 2019 by Akshay Kashyap and Varun Goenka, Chargeup is building country’s one of the largest network of Battery Swapping Stations for e-rickshaws. The company is helping India achieve its electric mobility target by creating the largest distribution network for electric 2 & 3 wheelers. It has deployed an advanced technology based approach and […]

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