World Bank Boosts India’s Clean Energy With $1.5 Billion
Great news for India’s clean energy ambitions! The World Bank just approved $1.5 billion in funding to accelerate the country’s transition to low-carbon sources. This...
Tag : funding
Big Banks Strike Profit In Green Investments!
Global banks earned more money from financing environmentally friendly projects for the second consecutive year, surpassing their earnings from funding oil, gas, and coal activities....
Scaling Up Blended Finance to Support the Renewable Transition
Blended finance combines concessional funds from sources like governments or philanthropic organizations with funds from development finance institutions like the International Finance Corporation (IFC). This...
EV Financing Is Fueling The Indian EV Adoption
The Indian government has set an ambitious aim of 30% adoption of electric vehicles (EV) by 2030. The high initial prices of EVs, however, remain...
Fossil Fuel Companies Are Getting Funds From World’s Largest Banks
The world’s major banks are supplying the funds required by fossil fuel businesses to continue damaging the environment to the point that people may no...
DOE Considers Fusion Power Plant After ‘Breakthrough’
The Department of Energy (DOE) hailed a key fusion energy milestone, describing how scientists were able to create more energy from a reaction than was...
GreenCell Receives $55 Million For Deploying e-Buses In India
The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Clean Technology Fund (CTF) signed a $55 million financing agreement with GreenCell Express Private...
Ratan Tata-backed EV Startup Raises $25 Million In Funding
GEF Capital’s South Asia Growth Fund II has invested $25 million in Electra EV, a company owned and pushed by legendary businessman Ratan Tata. They...