Green Financing

UK learning from India's work in financial inclusion: London Lord Mayor

Scope for UK green finance investments in India, says Nicholas Lyons

EU closer to end trade dispute with US, moves on Green Deal funds

The European Union moved closer to ending a trade dispute with US President Joe Biden on Wednesday following months of wrangling over the billions of America-first incentives in his clean technology plans and said it would ramp up a similar subsidy-laden effort at home. European Commission President Ursula von der Leyen told the parliament plenary that in its attempt to produce at least 40 per cent of the clean tech needed by 2030 in the 27-nation bloc, it would allow for the tax breaks and the flexible use of EU funds on top of simplifying and speeding up industrial approvals. She spoke of a striking symmetry between the US efforts and the European Green Deal plans. Both of them are simultaneously a climate strategy and a strategy for investment and growth, von der Leyen said. Her upbeat comments came on the eve of the European Commission, the EU's executive arm, tabling plans for the Net-Zero Industry Act on industrial incentives and a Critical Raw Materials Act, which seeks to .

Green finance: Taxonomy, a clear legal definition keenly awaited

Even as the central bank is drawing up taxonomy for this emerging business, the degree of awareness at bank board level could be the weakest link yet

We will look at a wider spectrum of Green economy companies: Renuka Ramnath

Consistent with that strategy, we feel that "clean mobility" is going to be a space that will create growth

Rehaul rules to improve financing Indian green projects: Fitch unit

In a report listing steps to revise the framework, the unit of Fitch Ratings said implementing public-sector credit guarantees would help lower financing costs

How financial reforms can quicken pace for India to become a $5-trn economy

In the Union Budget for FY22, no funds were earmarked for recapitalising state-run banks. This was a decadal first, and will temper their eagerness to lend

Govt to finance green bond projects and initiatives under 9 categories

Proceeds will be deposited in the Consolidated Fund of India

Revfin raises $10 mn in series A funding from Green Frontier Capital

Revfin plans to use the funds to expand its geographical footprint to 25 states and capture over 10 per cent national market share of financed electric three-wheelers

India to push big for multilateral reforms of WTO, IMF as G20 Chair

Focus will also be on climate justice, green financing

India's annual green finance just one-fourth of its needs, finds study

An analysis and advisory organisation's update on India's "first-ever effort" to track green investment flows, which are far short of the country's current need for its ambitious climate targets

'Green finance could be bright, robust strand of growing India-US ties'

Green finance could become a bright and robust strand of the growing India-US economic relations in the next 25 years, India's envoy said

Fintech meets sustainability as new-age entrepreneurs bet on green energy

Entrepreneurs are trying to lure investors to such platforms with monthly returns, carbon credits and even discounts on electricity bills

Reserve Bank of India green focus likely to change way of financing

As the world suffers from unseasonal rains and cyclones, sporadic wildfires lasting days, reducing assets worth billions to ashes, extreme weather events have become a crucial component

BS Views of the Week: Fixing green finance and some hard choices on China

Financing India's green future

'Green investments must therefore compete with brown (non-green) investments to find large markets and generate attractive returns', says the author

India INX inks pact with Luxembourg Stock Exchange to develop green finance

The pact will provide opportunities for dual listing, enhancing visibility and also increase secondary market trading in green, India INX said in a statement

Data tagging absent in green finance despite rising demand: Study

Climate Policy Initiative, a global analysis and advisory organisation specialising in sustainable finance, is planning to launch a portal to track such investment in the country

Climate Policy Initiative reveals green financing tools for India

Gireesh Shrimali, Climate Policy Initiative's director, said there was potential to mobilise $9 of foreign debt per dollar of public subsidy