Govt Approves Scheme For Domestic Manufacturing Of EVs Updated On Mon, Jun 2nd, 2025 by Saurenergy The Union government has approved a scheme to promote the domestic manufacturing of passenger cars, with a special focus on electric vehicles (EVs), the government said Friday. The Ministry of Heavy Industries (MHI) issued a notification for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI) on March 15. The initiative aims […] Read more
CIF Grants $70 Million To Colombia For Renewable Energy Integration Updated On Tue, Feb 7th, 2023 by Saurenergy The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […] Read more
AfDB, CIF and CGC to Develop Green Financing Instruments for Africa Updated On Tue, Oct 15th, 2019 by Saurenergy AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […] Read more
Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more