Banks offering greater proportion of green loans have stronger financial stability: IIM researchResearch from the Indian Institute of Management, Lucknow, highlights that banks with a higher proportion of green loans see improved long-...
21 Feb, 2025, 10.09 AM IST
Taxonomy for climate finance should be ready in 6 months: DEA secretaryEconomic Affairs Secretary Ajay Seth announced the development of a comprehensive taxonomy for climate finance, expected to be ready in six...
09 Feb, 2025, 09.58 AM IST
Budget 2025: Green funding door may open for clean projectsThe govt plans to introduce a credit guarantee fund in the February 1 budget to promote green financing and support companies transitioning...
21 Jan, 2025, 06.12 AM IST
Will Budget 2025 green-light India’s climate finance taxonomy?Finance Minister Nirmala Sitharaman's Budget 2025 announcement to establish a climate taxonomy aims to guide investments towards sustainabl...
20 Jan, 2025, 11.20 AM IST
Bid to promote green funding: Centre reviews proposals to promote transition financeThe government is considering recommendations to promote transition finance for high carbon-emitting industries. A proposed fund by state-r...
24 Sep, 2024, 11.53 PM IST
IREDA plans to raise around Rs 29,500 crore in debt, equity in FY25IREDA plans to raise around Rs 25,000 crore from the debt market and Rs 4,500 crore through equity this fiscal. The agency has submitted a ...
02 Sep, 2024, 10.40 PM IST
Sovereign green bonds trading at IFSC to commence in 2nd half of this fiscal: RBI GuvReserve Bank Governor Shaktikanta Das revealed plans to begin trading sovereign green bonds at Gujarat's International Financial Services C...
10 Aug, 2024, 04.07 PM IST
Govt to release financial sector vision, strategy document for 5 yearsThe Indian government plans to release a five-year financial sector vision and strategy document to meet the country's financial needs. The...
23 Jul, 2024, 09.30 PM IST
There should be realistic green ratings to assess actual environmental impact of projects: RBI GovernorReserve Bank of India (RBI) Governor Shaktikanta Das has called for realistic green ratings reflecting the actual environmental impact of p...
11 Aug, 2023, 10.17 PM IST
Regulations, policies need to be updated to reduce carbon emissions: RBI reportThe report titled 'Towards Cleaner Greener India' said that besides carbon taxes and and ETS standards for carbon emission rates and energy...
03 May, 2023, 07.36 PM IST
Strengthen Capital markets to help GDP hit $40 trillion by 2047: AssochamIn a report titled 'Indian Capital Markets: Driver of Growth During Amrit Kaal' released on Monday, Assocham recommended easier market norm...
28 Feb, 2023, 01.02 AM IST
India plans to classify clean activities, technologies under a new policy: SourcesThe renewable energy ministry and the finance ministry are working on the draft policy. Neither ministry responded to queries from Reuters.
27 Jan, 2023, 02.06 PM IST
Greening India while growing India: Creating fresh capacities in green energyIt is clear that India has begun to walk its talk on making the country net-zero by 2070. This is interesting, given that the onset of the ...
01 Jan, 2023, 10.45 PM IST
G20 Presidency: Can India be the global south’s voice for climate finance?MDBs are being encouraged by the G20 to submit an update on the recommendations of the G20’s independent CAF review in Spring 2023 on the s...
23 Dec, 2022, 11.15 AM IST
Taxonomy and clear definitions needed to prevent 'greenwashing': RBI deputy governor RaoReserve Bank Deputy Governor M Rajeshwar Rao on Thursday called for a taxonomy on green finance to avoid the risk of "greenwashing". Green ...
22 Dec, 2022, 05.22 PM IST
Net-Zero 2070 target: How India will need to fund the green transitionA look at the broad estimates of climate financing requirements and annual inflows indicate that financing has to be increased by almost a ...
29 Jul, 2022, 10.57 PM IST
Gas and nuclear are 'green'? Not so fast, say some investors"The main concern is almost one of principle. Once you start to interfere politically in the taxonomy, then actually you open the floodgate...
26 Jan, 2022, 01.10 PM IST