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
Climate change could hit India, 58 other nations’ credit ratings
Countries ranking higher on sovereign ratings likely to face more severe downgrades
COP27 diary (November 7): ‘World on a highway to climate hell, with our foot on the accelerator’
A round-up of what went on at the Sharm El-Sheikh summit
COP27 diary (November 17): Details on loss and damage facility, phasing out coal missing from ‘Cover Decision’ draft
Least developed countries set expectations for COP28 with Dakar Declaration
LDCs account for 1% of GHG emissions but are at forefront of the climate crisis, say ministers
How to make Budget discussions in Parliament more fruitful
Both ruling and opposition parties need to play constructive and responsible roles
COVID-19 lockdown shows why India needs social rental housing
Poor, low-income population needs rents below market rates
COP27 diary (November 16): ‘$100 billion in climate finance more of gesture from rich countries’
African leaders demand financial systems reform; launch ‘Africa Club’ at 37th African Union Summit
African heads of state highlighted need for transformation of global financial architecture to address climate & development needs
COM2024: Climate financing hurdles take centrestage at African economic ministers’ conference
Some of the home-grown financing solutions that some African countries have already started embracing include carbon trading
We must catalyse innovation towards sustainable finance to enhance India’s climate resilience
Tapping the vibrant innovation ecosystem and enabling smooth green finance can drive the adoption of sustainable projects
Pay attention to what’s happening with the Loss & Damage Fund
Climate justice hangs in the balance, as developed countries look for exit routes and seek to narrow eligibility for receiving money
What ancient wisdom can teach businesses about sustainable finance
By making business education much more inclusive of diverse cultures and wisdoms, more industry leaders can learn to operate with conscience, …
Green bonds and greener environment: Are they linked?
Green bonds, in particular, may play a key role in the forthcoming economic recovery and may help India achieve the SDGs
Union Budget 2021-22: How significant is it in the time of COVID-19?
Nirmala Sitharaman needs to announce bold measures for undertaking additional public spending on an urgent basis
Leg up for green bonds amid record sustainable debt in 2020
Sustainable debt worth $732 billion issued globally; $305 billion of that in green bonds
Cess excess: How India’s states remain deprived of what revenue Centre collects
Collection of cesses, surcharges strong tool for central govt to generate revenue, but at cost of states’ share
Leading financers who pledged Net Zero are still backing fossil fuel expansion, finds report
Over 100 major coal, oil and gas players given $269 billion by financial institutions part of GFANZ
There has been a decline in climate finance during COVID-19: WRI report
Countries have been forced to cut funding for many climate-related sectors to free up money for addressing pandemic-related expenditures and …
CoP26 Diary (Nov 10): Cover decision draft mentions ‘coal’, ‘fossil fuels’ for first time
Guinea, speaking on behalf of G77, commented that developed country partners showed “no appetite to discuss the definition of climate …
Green lending: World’s biggest banks’ latest initiative at COP26 is a step backwards
It wouldn’t make sense to abruptly forbid lending to non-green projects now, since we need to avoid hitting hardest the banks that are …
India’s G20 Presidency: It’s an opportunity to set the agenda on crucial challenges of our time
New Delhi’s presidency could prove instrumental in steering policy towards climate action, sustainable growth, energy security and a host …
In conversation with South Africa’s central bank governor Lesetja Kganyago
“There is nothing monetary policy can do to produce the engineers that the country needs in order for its economy to grow.”
India’s MSMEs must pare emissions and climate finance may be the nudge they need
Traditional funds are not enough for the MSME sector to achieve decarbonisation; we need to unlock international climate funds as well
COP 26: Contentious issues of finance, carbon markets pushed to week 2
CoP26 President Alok Sharma reported progress made during week one in Glasgow in an informal stocktaking plenary November 8