After two years of fear, illness, deaths and economic loss due to the COVID-19 pandemic, 2022 was a year that brought rays of sunshine. When India, like the rest of…
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 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…
Can liquefied petroleum gas (LPG) continue to be the most popular cooking fuel in India in the face of a steady price increase in recent months? The widely popular Pradhan…
India has approved its updated Nationally Determined Contributions (NDCs) which it will submit to the United Nations Framework Convention on Climate Change (UNFCCC). NDCs, which are long-term voluntary commitments made…
In the 1920s, a British economist, Arthur Pigou, highlighted the social benefits of making industries pay for the costs of the pollution they caused. In time, this concept was taken…
Given the challenges associated with accessing finance for climate action, India is issuing a new category of financial instruments. This year, the budget has made a proposal for issuing sovereign…
As the United Nations climate conference in Glasgow nears its end and negotiators wrangle over the minutiae of the proposed consensus document, pressure is mounting on them to act on…
Global carbon dioxide emissions have resumed their relentless rise after a brief lull due to the disruption caused by COVID-19 in 2020, according to the 16th annual report prepared for…
India is struggling to lift millions out of poverty and is going to be hit harder than almost any other nation from increasing storms, heat waves, and floods, which together…
As the United Nations secretary-general calls for countries to ramp up climate action, India demands the appeal be matched with climate finance to developing countries. The UN Climate Action Summit…