India should receive $57 trillion in compensation from Global North for climate damages: Study 

US should provide a cumulative compensation of $80 trillion, the European Union and the United Kingdom owe $46 trillion & remaining …

Union Budget 2021-22: What should be the priorities for agriculture?

Increasing budgetary allocations towards Rural Employment Guarantee Act is non-negotiable   

Africa Climate Summit: Youth and children demand climate justice, call for action now

Africa Youth Climate Assembly emphasises need for collaborative and immediate action in a declaration, reflects urgency echoed in …

Paris finance meet: Momentum builds for polluter taxes to fund green transition

Panellists discuss shipping and airline levies, financial transaction taxes and fossil fuel taxes at Pact Summit

African cities and climate change: The real debate is who should pay to fix the problem

Re-balancing the carbon equation so African cities urbanise sustainably requires immediate and major investments in infrastructure

New economic model, collaborative effort needed to address environmental challenges in Africa: UNEP

Model must help Africa adapt to climate change while creating jobs for its people

Union Budget 2021-22 cuts funds for autonomous bodies under environment ministry

The allocations are also lower than the actual expenditure for 2019-20

Climate finance for Small Island Developing States slumped to 2017 levels in 2019: OECD

Small Island Developing States are vulnerable to increased risk of storm surges, sea-level rise and altered rainfall patterns

Paris finance meet: Barbados envoy proposes tool to make green finance affordable

A Partial FX Guarantee Mechanism will reduce cost of capital for renewable energy projects in developing countries, says Avinash Persaud in his paper

India’s G20 Presidency: As a major emitter, bloc is obliged to address climate change, sustainable development

Climate finance remains an area of contention within the G20 as there is an uneven distribution of financial resources to countries that are most …

Economic downturn eats into climate mitigation, adaptation funding: UNCTAD

Reduced green investment will put a spanner in the efforts to fasttrack solutions for climate change. 

Egypt’s support to developing countries gives hope for COP27: Climate scientist Saleemul Huq

Part 1: The climate scientist talks about critical climate issues that can play a major role at the Sharm El-Sheikh summit

Green bonds: Is it green finance or green-washing?

A foremost requirement to develop a robust green bond market is to harmonise international and domestic guidelines and standards for …

Union Budget 2020-21: Finance Minister promises Rs 4,400 cr to fight air pollution

But the budget document does not reflect the bold increase  

Adaptation Gap Report 2023: Funding to developing nations declines 15% despite international pledges, rising costs

Neither domestic nor private funding sources could help bridge the adaptation finance gaps, report notes

Our cities need big funds to fight climate risks: World Bank

The COVID-19 pandemic added strain to cities’ finances in cities in developing countries; the disruption continues to make planning for …

UN launches 10 principles to close Asia-Pacific sustainable finance gap

Aimed at mobilising and deploying financing for key Sustainable Development Goals, particularly around climate action

COP28 recap: 5 insider highlights from negotiation rooms of Global Stocktake text

The two-week long battle of negotiations saw many competing priorities from countries influencing the text

COP27 diary (November 15): Political support to loss and damage facility critical, says Pakistan

A round-up of what went on at the Sharm El-Sheikh summit

Paris finance meet: What is the Summit for a New Global Financing Pact about?

Discussions on how to reform Multilateral Development Banks (MDB) to better serve the needs of the Global South will be in spotlight

COP27 diary (November 10): Rich countries admit funding gap in addressing loss & damage

A round-up of what went on at the Sharm El-Sheikh summit    

COVID-19 tanked India’s carbon emissions, but stimulus will drive them up again

The Rs 90,000-crore stimulus for power distribution companies fails to consider emissions reductions

Debt crisis and gap in affordable climate finance in focus at IMF, World Bank meeting

Spring Meetings 2023 took place from April 10-16, 2023 in Washington DC

Panchayats to spend Rs 1.42 lakh crore on water and sanitation

Spend 60% grant on water and sanitation: 15th Finance Commission recommends to rural local bodies  

Climate change could hit India, 58 other nations’ credit ratings

Countries ranking higher on sovereign ratings likely to face more severe downgrades