Stay updated with the latest climate-finance news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on climate-finance topics.
New Delhi, Oct 29 (PTI) Four developed countries, including the US and Australia, are overwhelmingly responsible for derailing potential global progress on phasing out oil and gas since the Paris Agreement, while the rest of the world has either slowed or reduced fossil fuel extraction, according to a report published on Tuesday. The report titled "Planet Wreckers: Global North Countries Fueling the Fire Since the Paris Agreement", by research institution Oil Change International, said that the ...Read More >
New Delhi: In a bid to boost climate finance, the Union ministry of new and renewable energy (MNRE) plans to urge the finance ministry to offer tax incentives to green bond buyers, according to two people familiar with the matter. The consideration aims to boost investor interest in green bonds, which is necessary to meet the financing requirements for the clean energy targets. "Though sovereign green bonds were launched a few years back, they are yet to pick up. Now the interest rate of green ...Read More >
New Delhi: India will require around $1.5 trillion in investments by 2030 to tackle climate change and accelerate its energy transition, according to a new report by Deloitte. The report, titled The Climate Response: Tapping into India's Climate and Energy Transition Opportunity, highlights the scale of capital needed across renewable energy, biofuels, decarbonisation efforts, and sustainable infrastructure to meet the country's climate goals. To reach the government's target of 500 GW of non- ...Read More >
New Delhi, Jul 17 (PTI) India will require USD 1.5 trillion investment by 2030 across key areas to address the climate challenge at scale, according to a Deloitte India report. The investments will be driven by India's efforts towards renewable energy, biofuels, decarbonisation and sustainable infrastructure to combat climate change, the report, 'The climate response: Tapping into India's climate and energy transition opportunity', said. Also Read | 'A Decade of Digital India' Reel Contest by ...Read More >
Mumbai, July 17 (SocialNews.XYZ) Dairy company Heritage Foods Limited on Thursday reported a sharp decline in net profit for the first quarter of FY26, as the company posted a net profit of Rs 40.5 crore for the April-June quarter, down 30.7 per cent from Rs 58.4 crore reported in the same period previous year (Q1 FY25). The fall in profit came despite a 10.1 per cent year-on-year (YoY) growth in revenue, which rose to Rs 1,136.7 crore from Rs 1,032.6 crore in a year-ago period, according to it ...Read More >
New Delhi, Jul 17 (PTI) India will require USD 1.5 trillion investment by 2030 across key areas to address the climate challenge at scale, according to a Deloitte India report. The investments will be driven by India's efforts towards renewable energy, biofuels, decarbonisation and sustainable infrastructure to combat climate change, the report, 'The climate response: Tapping into India's climate and energy transition opportunity', said. The report highlighted water security, sustainable agric ...Read More >
New Delhi, Jul 8 (PTI) Bringing investment to the rural sector is a key priority for the International Fund for Agricultural Development (IFAD), President Alvaro Lario said, adding that investment in agriculture is two to three times more effective in reducing poverty than in any other sector. In an interview with PTI, Lario stressed on the importance of bringing private capital to the rural sector, and said that globally, investments worth around USD 75 billion is required to adapt to the impa ...Read More >
New Delhi, July 8 (SocialNews.XYZ) Prime Minister Narendra Modi at the Rio 2025 BRICS Summit highlighted India's approach towards key issues like climate change and health security as the country is set to chair BRICS next year, emphasising that under India's presidency, it will endeavour to present BRICS in a new form with a 'humanity-first' approach. After wrapping up a "very productive" visit to Rio de Janeiro where PM Modi attended the 17th BRICS Summit, the Prime Minister on Monday arrived ...Read More >
CHENNAI: India emerged as a key architect of the BRICS agenda -- driving local-currency trade, global governance reform, green investments, and digital regulation. These developments offer strong tailwinds for sectors spanning finance, infrastructure, technology, agriculture, and clean energy. With India set to assume BRICS Chairmanship in 2026, its businesses are well-positioned to capitalise on newfound opportunities. Following are some of the highlights from the Summit as far as such opportu ...Read More >
New Delhi: BRICS, the developing world's stand-in to the G-7 grouping. was expanded at the Kazan Summit, last year. Post expansion, Indonesia, Iran, Egypt, Ethiopia, Saudi Arabia and the UAE have joined the founding members Brazil, Russia, India, China and South Africa. In a world divided in silos, BRICS nations are advancing pragmatic pluralism. Under its presidency, Brazil has resisted strong pressures to position BRICS as an anti-West alliance. Six key agenda points at the 2025 Summit in Ri ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Friday flagged persistent asymmetry in global financial flows as a major impediment to sustainable development in the Global South, warning that it continues to stifle long-term investments in clean energy, urban mobility, and climate-resilient infrastructure. Speaking at the New Development Bank's (NDB) Governors Seminar in Rio de Janeiro, Brazil, Sitharaman urged a fundamental rethink of the global financial architecture to better align with t ...Read More >
New Delhi [India], July 1 (ANI): Union Finance and Corporate Minister Nirmala Sitharaman on Tuesday said that India's tax reforms and digital transformation in tax administration have increased revenue and reduced compliance costs. Speaking at the Third Plenary Meeting during the #FFD4 in Seville of Spain, the Finance Minister said, 'We support international cooperation to modernise tax systems and curb illicit financial flows. India's comprehensive tax reforms and digital transformation in tax ...Read More >
New Delhi: Prime Minister Narendra Modi is set to embark on a multi-nation visit to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia in the first week of July, with a primary focus on attending the 17th BRICS Summit in Rio de Janeiro and holding bilateral meetings with key global leaders, officials said on Monday. Addressing a special briefing by the Ministry of External Affairs (MEA) on the Prime Minister's visit to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia, Secretary ...Read More >
Bengaluru, June 5 (SocialNews.XYZ) Envisioned by Sadhguru, the Cauvery Calling movement enabled the plantation of 1.36 crore saplings across 34,000 acres in the Cauvery basin during 2024-25. To date, a total of 12.2 crore saplings have been planted, supporting 2.38 lakh farmers in adopting tree-based agriculture, the Isha Foundation said in a statement on Thursday. Remarkably, in the last year alone, 50,931 farmers and citizens actively participated in this large-scale ecological effort, stated ...Read More >
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. ...Read More >
The United Nations' top court is set to hold hearings on countries' legal obligations to combat climate change. While non-binding, the ICJ's opinions hold significant weight and could influence worldwide climate litigation. Developing nations criticized a COP29 summit's agreement as insufficient. The ICJ's decision could provide fresh avenues for climate justice. Next week, the United Nations' International Court of Justice (ICJ) embarks on pivotal hearings to address the legal obligations of n ...Read More >
Still, the ongoing U.N. climate talks have thrown a spotlight on their efforts to tackle global warming. While the COP29 summit in Baku, Azerbaijan, is tasked with agreeing a goal to mobilize hundreds of billions of dollars for climate, leaders of the Group of 20 major economies half a world away in Rio are holding the purse strings. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. "The sp ...Read More >
The escalating conflict could upset a hard-fought consensus that G20 negotiators reached around 5 a.m. on Sunday, after an overnight push to ready the joint statement for final review by leaders arriving in Rio. That preliminary consensus after six days of negotiations included streamlined language about global conflicts including the war in Ukraine, focusing on the need to negotiate peace rather than criticism of any participants. However, sources said even that "simpler" consensus may now be ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.