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Coal vs Renewables Financial Analysis 2022 identifies L&T Finance replacing SBI as the biggest financier in project finance for renewable energy in 2021. The fifth edition of Coal vs Renewable Financial Analysis, authored by Climate Trends and Centre for Financial Accountability (CFA), was released at CFA's annual energy finance conference hosted in collaboration with IIT Madras on Tuesday. While the total funding for new energy projects in 2021 is 60 per cent lower compared to ...
Financiers prefer wind and solar over coal: Study
At the UN climate summit, European Commission Vice President Franz Timmermans on Tuesday announced that the EU is ready to update its climate target for 2030, with a new Nationally Determined Contribution (NDC) that climbs two points -- from 55 to 57 per cent, which, despite showing a modest improvement, would still not be in line with what the bloc's equitable contribution to the Paris Agreement should be: at least 65 per cent emission cuts. Timmermans, embracing implementation, said:...
COP27: European union ready to update climate target for 2030
Against a backdrop of weather extremes and geopolitical crises, two upcoming UN summits -- the climate change conference in Egypt and the biodiversity summit in Canada to which India is a crucial Party to both -- are considered to be pivotal moments in global efforts to address the interlinked global warming and extinction crises. Unlike other "gap" reports, including last week's UNEP Emissions Gap report, which describe a divide between mitigation ambition and the emissions ...
Explainer: What India can expect at COP27 climate summit in Egypt?
Welspun Corp is currently trading at Rs. 198.40, up by 4.35 points or 2.24% from its previous closing of Rs. 194.05 on the BSE. The scrip opened at Rs. 191.05 and has touched a high and low of Rs. 199.50 and Rs. 189.80 respectively. So far 119145 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 207.10 on 07-Apr-2022 and a 52 week low of Rs. 106.00 on 23-Aug-2021. Last one week high and low of the scrip stood at R...
Welspun Corp jumps on acquiring additional NCDs of Sintex BAPL
With COP26 in full swing, now is the critical time for countries to commit to and prioritize formal climate education as a strategy to combat the climate crisis. EARTHDAY.ORG and Education International have both conducted independent research reports that concluded that every country has failed when it comes to thoroughly addressing climate education and/or climate literacy in their Nationally Determined Contributions (NDCs). The climate crisis is the greatest threat facing humanity an...
Nations fail to address climate literacy to combat crisis
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