climate action

Canada, India Sign MoU On RE, Leave Coal Problem For A Deal In Future

Canada and India signed an Memorandum of Understanding on Thursday to mutually cooperate to make Renewable Energy a reliable source of electricity. However, the coal generated power is conspicuously absent from the MoU, raising several eyebrows since Canada is leading a global movement to end the burning of coal for electricity and India is the […]

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India says BRICS countries should explore cooperation in solar energy, climate resilience

Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for […]

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Sembcorp to Quadruple RE Capacity by 2025 & Deliver Net-zero by 2030

Singapore-headquartered Sembcorp Industries, a leading energy and urban solutions provider, yesterday announced its strategic plan to transform its portfolio from brown to green, including increasing its renewable energy capacity – by almost four times- to 10 GW by 2025 from 2.6 GW in 2020. To support the global energy transition and sustainable development, Sembcorp aims to […]

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Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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