ADB commits $25 billion for India’s infrastructure, social, and environmental needs
Asian Development Bank (ADB) has committed up to $25 billion over the next five years to support India’s PM Gati Shakti initiative, including funding for social development, climate action, and infrastructural development. During their discussion, ADB president Masatsugu Asakawa informed PM Narendra Modi that ADB intended to provide $20–25 billion in resources over five years …
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India finalises carbon credits trading activities list
To enable the transfer of cutting-edge technology and mobilize foreign funding in India, the Union government has finalized a list of activities to be considered for trading carbon credits under the Article 6.2 mechanism. In May 2022, India also notified the NDAIAPA, the National Designated Authority, to implement the Paris Agreement. Within the three headings …
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The Chennai Corporation to register carbon credits
The Greater Chennai Corporation has identified projects for biomining, non-motorized transportation, sewage treatment, urban forestry, solid waste management, and rooftop solar panels to begin making money from trading carbon credits on the global market. According to the officials, the Corporation’s solid waste management initiatives are the most promising in lowering carbon emissions and are anticipated …
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India lists 13 tasks under three headings for trading carbon credits.
To enable the transfer of cutting-edge technology and mobilize foreign funding in India, the Union government has finalized a list of activities to be considered for trading carbon credits under the Article 6.2 mechanism. In May 2022, India also notified the NDAIAPA, the National Designated Authority, to implement the Paris Agreement. Within the three headings …
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King Charles co-authors a children’s book about environmental threats
The Ladybird Book “Climate Change” will be released the following month. Last Friday, the King welcomed international leaders to Buckingham Palace to encourage efforts to restore the natural environment. The book’s co-author, Head of Natural England, Tony Juniper, said the King wants to empower youth in his remarks at the reception. Government, industry, nonprofit, and …
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Bihar and UP among the top 50 climate-risk areas in the world
According to a recent analysis titled “Gross Domestic Climate Risk,” nine Indian states, including Uttar Pradesh, Bihar, Maharashtra, and Punjab, are among the top 50 locations in the world at risk of harm to the built environment owing to climate change hazards. According to PTI reports, the Cross Dependency Initiative (XDI), a member of a …
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First G20 climate sustainability working group meet concludes in Bengaluru
The first G20 Environment and Climate Sustainability Working Group (ECSWG) meeting came to a successful conclusion in Bengaluru last week, with all G20 nations demonstrating interest in and commitment to working constructively towards the goal of the three priority areas of stopping land degradation, accelerating ecosystem restoration, and enriching biodiversity; promoting a sustainable and climate …
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India’s EV start-ups receive decade’s highest investment
According to a recent analysis by market intelligence platform Tracxn, EV start-ups in India raised $1.66 billion in total in 2022, an increase of 117% from 2021. In comparison to just two investment rounds totaling $100 million or more in 2021, the industry saw four rounds in 2022. Additionally, late-stage funding in the sector increased …
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Economic Commission of West African States (ECOWAS) to encourage women and girls to participate in the green economy.
The initiatives were part of the recommendations from the regional workshop conducted in Saly, Senegal, from February 6 to 8, according to a statement on the ECOWAS website. Placing Women at the Center of the Transition to a Green Economy in West Africa was the focus of the ECOWAS Member-States Regional Technical Workshop. The workshop …
Amazon backed Hippo Harvest’s products appear on retail shelves
Amazon is already offering the first line of leafy green lettuce produced by Hippo Harvest, a climate-tech business, less than two years after investing in it. According to Hippo Harvest, the greens are cultivated with 92% less water and 55% less fertilizer than conventional produce. Robots and machine learning are also used for farming the …
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