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India on Monday sought access to enhanced financial resources, technology transfer and technical cooperation, and capacity-building support, besides the availability of market-based mechanisms. Speaking at the high-level ministerial roundtable on pre-2030 ambition at the 29th session of the climate change conference of parties (COP29) being held from November 11-22 in Azerbaijan’s capital Baku, Leena Nandan, Secretary with India’s Ministry of Environment, Forestry and...
COP29: India bats for enhanced climate finance, technology transfer
The Coalition for Disaster Resilient Infrastructure (CDRI) on Monday announced $8 million of funding for 12 projects across 17 Small Island Developing States (SIDS) under its Infrastructure for Resilient Island States initiative. Amit Prothi, CDRI Director General, said: “Small Island Developing States are vulnerable due to their geographic location and small size. Giving due consideration to the need for urgent action, we are announcing 12 new projects as part of CDRI&rsqu...
COP29: CDRI announces $8 million funding for 12 projects to address climate crisis
As India aspires to achieve its climate action goals by transitioning towards a green future, companies are also aligning with the government’s vision to build sustainable solutions and products, industry experts said on Monday. From green data centres to electronics and non-fossil energy solutions, the government has doubled down on meeting its net-zero carbon emission goal by 2070. The country’s data centre capacity is set to double to reach 2000 MW by 2026, as...
Green tech products to help India meet its climate goals: Industry
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on Tuesday included several key initiatives like energy transition pathways, climate finance, improving water resources management, and measures related to irrigation and flood management that will boost India's fight against impacts of climate change, say climate and energy experts. While the budget lacked details on crucial announcements related to carbon pricing, the use of nuclear power or even how ...
Budget will steer India towards sustainable path: Experts
India sought closer global cooperation to increase the production of sugarcane and biofuels to enhance the welfare of farmers and fight climate change at the 30-nation meeting of the International Sugar Organization (ISO) that began here on Tuesday. Union Minister of Consumer Affairs, Food and Public Distribution and New and Renewable Energy, Pralhad Joshi in his inaugural address highlighted India's commitment to advancing technology and skills in the sugar and biofuel sectors. ...
India seeks global cooperation in sugarcane, biofuel sectors to fight climate change
Ambuja Cements Limited and ACC Limited, the cement and building material companies of the diversified Adani Portfolio, are proud to be recognised for their climate change mitigation commitments by being honoured with a ‘Leadership Score’ of ‘A-’ during the CDP Climate Assessment 2023 in the Climate Change category. Ambuja Cements and ACC received the honours at a joint ceremony held by CDP and FICCI in New Delhi, recently. For both the Companies to secure ...
Ambuja Cements & ACC showcase environmental stewardship by achieving Leadership Score in CDP Climate Assessment
The Himachal Pradesh government will ensure introduction of universal carton during the forthcoming apple season to benefit fruit growers, state Horticulture Minister Jagat Singh Negi said on Friday. While presiding over a meeting regarding preparedness for the apple season with stakeholders here, the minister said the state is famous for apple production which contributes significantly to its economy. Keeping in view the importance of apple season, universal carton will be utili...
Himachal to ensure introduction of universal carton for apple marketing: Minister
Coromandel International Limited, India’s leading agri solutions company, has announced increasing its investment in Ecozen, a pioneering climate-smart technology solutions provider. The Rs 24 crores investment was made through its wholly owned subsidiary and corporate venture capital arm Dare Ventures Limited. With this, Coromandel has increased its shareholding in Ecozen to 5.54%, an increase of 3.13%. Ecozen is known for its innovative and sustainable solutions such as the solar-p...
Coromandel Expands Agtech Footprint; Increases Shareholding in Ecozen, a Climate-smart Deeptech Company
In a significant stride towards sustainable development, NABARD unveiled its Climate Strategy 2030 document on the occasion of Earth Day. The document was released by Shri Shaji K V, Chairman NABARD. This comprehensive strategy aims to address India’s escalating need for green financing. Despite the pressing demand, where India requires approximately US$ 170 billion annually to reach a cumulative total of over US$ 2.5 trillion by 2030, current green finance inflows are critically ins...
NABARD Launches Climate Strategy 2030 on World Earth Day
HCLTech, a leading global technology company, today announced Brazil-based Argilando, Canada-based No. 9 Contemporary Art and the Environment and US-based The Longleaf Alliance as the winners of the first edition of the HCLTech Grant Americas. Launched in September 2023, the HCLTech Grant Americas program has committed $5 million in grants over five years to support Not-For-Profit organizations (NPOs) with innovative projects focused on combating climate chang...
Three NPOs win $1 million in grants from HCLTech for climate action projects across Americas
Climate-smart deeptech startup Ecozen on Friday said that it has raised $30 million in a mix of debt and equity from existing investors, including asset management firm Nuveen. The startup also raised debt support from the InCred Credit Fund and the US International Development Finance Corporation (DFC). "The capital raised will enable us to scale our operations and deepen our market penetration in domestic and international territories. We are committed to empowering customers and...
Climate-smart deeptech firm Ecozen raises $30 mn from Nuveen, other investors
NABARD, along with its NBFC subsidiary NABSAMRUDDHI, commemorated World Water Day on 22 March 2024 by launching the first phase of a nationwide Climate Ready WASH funding awareness campaign for women JLG borrowers of Micro Finance Institutions, to take forward the common mandate of sustainable rural development. The event to kickstart the same, at NABARD Mumbai, was inaugurated by Shri Shaji K.V., Chairman, NABARD who, in his keynote address, emphasised the criticality of water a...
NABARD Chairman launches NABSAMRUDDHI`s Climate Ready WASH awareness campaign on World Water Day
National Bank for Agriculture and Rural Development (NABARD) and Asian Development Bank (ADB), launched an initiative to facilitate climate action in India’s agriculture, natural resources, and rural development (ANR) sector. Under this initiative, a Technical Support Unit (TSU) has been set up in NABARD with the partnership of Bill and Melinda Gates Foundation (BMGF) to enable NABARD to address the challenges posed by climate change, particularly in the areas of agricult...
NABARD and ADB Collaborate for Climate Resilience in Indian Agriculture, Natural Resources, and Rural Development Sector
AU Small Finance Bank (AU SFB), India's largest SFB, proudly introduces its first Green Fixed Deposit (FD) called Planet First ? AU Green Fixed Deposit, purposefully designed to allocate its entire proceeds to support renewable and green projects including solar power, electric mobility solutions etc. AU SFB is in a unique position to contribute towards sustainable ?Badlaav? through gradually offering such retail products aligned with the guidance of regulator.The Green Deposi...
AU Small Finance Bank introduces Planet First - AU Green Fixed Deposit, with proceeds dedicated to green projects
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