Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities…
As the host of the G20 presidency, India makes a strong case for green finance for developing countries through its Economic Survey tabled in the Parliament on January 31. It…
About four months ago, in September 2022, a state government report confirmed that Joshimath, a town in Uttarakhand, situated at an altitude of 1,875 metres, is sinking. Last week, a…
Moving a step ahead towards boosting investor confidence in financing climate action, the Government of India (GoI) has developed a framework for Sovereign Green bonds (SGrB), in which it defines…
After a brief pause during COVID-19-related lockdowns, global carbon emission levels have been rising again. Carbon dioxide emissions from fossil fuels in 2022 are estimated to reach a record level,…
India's Rooftop Solar (RTS) programme has received a four-year extension and now aims at achieving its target of 4000 MW (40 GW) rooftop solar (RTS) capacity addition, by March 2026.…
India is on the way to decommissioning thermal power plants (TPP) and disposing of coal mines at a large scale in the coming few years. However, the country has no…
October, a month that is typically associated with celebration and festive fervour in India, came with some unexpected news for those who track global finance. In the first week, reports…
In India's energy transition, solar will emerge as a dominant source of energy, but coal is still going to be the mainstay of the country's energy sector. In the coming…
When the Union Government proposed amendments to the Biological Diversity Act (2002) in December 2021, it was criticised for opening up the country’s biodiversity resources to increased exploitation. Subsequently, the…
In 2014, the installed capacity of wind energy was eight times that of solar energy in India. Now, eight years later, in 2022, the solar energy installed capacity has not…
In a bid to make India’s financial system resilient to climate-related risks, the Reserve Bank of India (RBI) is mulling over possible regulations. As a start, the central bank has…
On June 13, the National Human Rights Commission (NHRC) issued a notice to the Haryana government regarding inaction over hazardous waste contaminating the groundwater near the Bandhwari landfill. The waste…
“My youngest son was critically ill. It was touch and go. Dnyaneshwar Patil came to my home. He stayed there all day saying I had to leave for Delhi the…
Around a month ago, the managing director of Tata Steel, India’s leading private steel manufacturer, said that there was not enough scrap and gas available to produce cleaner steel in…
There are two emerging trends visible in the Indian capital market for the past couple of years. The first is the sharp increase in the number of retail investors and…
As many as 12 states and union territories in India have recorded no deaths due to extreme weather events − or they don’t have any mechanism to monitor the same…
Announcing a timeline for net-zero emissions has been the buzzword in the global climate change debate and India has been under intense pressure to announce it as well. Indian has…
It was the year 1991 when India decided to open its economy. Hakki Bai, a five-year-old girl then, used to go to nearby forests with her mother to pick woods…
The Covid-19 pandemic has laid bare the Indian government’s dependence on fossil fuels for revenue generation and this could impact the country’s plans for large-scale adoption of clean energy at…
