India, Maldives Exchange MoUs on Energy Efficiency Updated On Tue, Mar 19th, 2019 by Saurenergy India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […] Read more
AfDB Pledges $25 Bn to Climate Finance For 2020-25 Updated On Tue, Mar 19th, 2019 by Saurenergy Key Bank projects include the co-financing of the 510 MW Ouarzazate Solar Complex in Morocco, one of the largest solar complexes in the world. The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said […] 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
IIED Shows New Ways To Channel Climate Funds To Meet Paris Agreement Updated On Thu, Mar 14th, 2019 by Saurenergy The latest research by IIED released at the One Planet Summit in Nairobi makes a strong case for ways that climate money could be used to actually make an effect on climate change. The One Planet Summit is hosted by French President Emmanuel Macron and Kenya’s President Uhuru Kenyatta in Nairobi, today to help accelerate and […] Read more
GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects Updated On Tue, Mar 5th, 2019 by Saurenergy The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment. The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […] Read more
India & Germany To Provide Financial Support to Climate Conservation Projects Updated On Thu, Feb 14th, 2019 by Saurenergy Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […] Read more
Solar helping India stay On Track to Fulfill Climate Commitments : WSDS 2019 Updated On Tue, Feb 12th, 2019 by Saurenergy The WSD Summit 2019 was kicked off in New Delhi, with Environment Minister Harsh Vardhan highlighting the need for efficiency and India’s momentum towards fulfilling its climate commitments. Building on the momentum of last year’s summit, The Energy and Resources Institute (TERI), one of India’s leading think tanks, kickstarted the World Sustainable Development 2019 (WSDS […] Read more
From MW to GW: A Change that Describes India’s Solar Journey Since 2014 Updated On Fri, Jan 25th, 2019 by Saurenergy Every industry evolves its own jargon as it grows. In solar industry in India, the biggest change has been the shift in the language used to express deal sizes and ambition today. Megawatts (MW) to Gigawatts (GW) is a game changer. It was an innocuous looking invite, like many the editorial team receives each day. […] Read more
India Set to Overachieve Paris Climate Commitments Updated On Fri, Dec 14th, 2018 by Saurenergy India has committed to reduce the use of fossil fuels for its energy needs by 40% and instead use clean and renewable energy by the year 2030. Amidst a growing demand to do more for climate change, India comfortably sits at a position to overachieve the Paris climate change commitments. India has committed to reduce […] Read more