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Climate change

From MW to GW: A Change that Describes India’s Solar Journey Since 2014

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. […]

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India Set to Overachieve Paris Climate Commitments

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 […]

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NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops

The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […]

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Three Essential S’s of Climate Finance

The discussion paper finds serious concerns with the various numbers on climate finance reported by the developed countries. On the sidelines of COP 24 to UNFCCC in Poland, the Department of Economic Affairs has released a discussion paper entitled ‘3 Essential ‘S’s of Climate Finance – Scope, Scale and Speed: A Reflection’. The discussion paper examines […]

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Braking Global Warming at 1.5 Degree Celsius Calls ‘Unprecedented Changes’: IPCC

IPCC has, on its shoulders, the task of providing the policymakers with a regular assessment of the scientific basis of climate change along with its impacts and future risks like global warming. While hundreds of scientists and government representatives from across the world contributing their inputs on climate change and resultant increasing global warming during […]

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ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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Wall Mount Solar Panels: How Much Are They Feasible For Indian Climate?

India is now aggressive in nurturing solar power and has set a target of 100 GW of solar power by 2022. After installing solar plants at utility scale and rooftops, recently New-York-based developer Quixotic Systems has set up a 37-kW generation unit on the wall side of Urban Health Plan’s Simpson Pavilion. The hospital’s restricted and […]

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Europe Moves to Grow Green Economy at Paris Climate Meeting

European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […]

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Climate Talks: India Scores Diplomatic Victory As China Announces Plan to Join International Solar Alliance

China’s decision to join the global solar alliance of 121 solar resource rich countries is seen as India’s significant victory as the former has become the most dominant player of renewable energy. In a significant development, China has announced its intention to join the India-led International Solar Alliance (ISA) at the UN-sponsored climate change conference […]

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