ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Promote RE to Ensure Energy Security & Protect Climate : Naidu Updated On Thu, Apr 4th, 2019 by Saurenergy The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […] Read more
Tata Power-DDL Sensitizing Over 1 Million Consumers to Make ‘Earth Hour’ a Success Updated On Fri, Mar 29th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL), is sensitizing over 1 million consumers to join WWF’s global campaign for raising awareness on climate change issues – ‘Earth Hour’. ‘Earth Hour’ will be observed worldwide on Saturday, March 30, wherein people and institutions from across the world will switch off their electrical appliances and non-essential lighting for […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
Cabinet Gives Approval to India’s Approach for COP 24 Updated On Thu, Jan 3rd, 2019 by Saurenergy The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […] Read more
Parliamentary Panel Suggest Portal to Track Climate Change Targets Updated On Mon, Dec 17th, 2018 by Saurenergy The move is to enable stakeholder to keep a track of progress and development in each specific sector including solar energy. To bring transparency to India’s climate change action plan, a parliamentary panel has asked the central government to launch a portal to display updated targets and achievements in the National Action Plan on Climate […] Read more
Cabinet Okays MoU among BRICS Nations on Environmental Coop Updated On Wed, Oct 24th, 2018 by Saurenergy The Memorandum of Understanding is expected to bring in the latest technologies and best practices suited for bringing about better environment protection, better conservation, and better management of climate change and wildlife protection/conservation. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its ex-post facto approval for Memorandum of Understanding (MoU) signed […] Read more