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World Bank

World Bank Boosts India’s Clean Energy With $1.5 Billion

2024-07-04
By: Vartika
On: July 4, 2024

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 significant investment builds on theContinue Reading

Scaling Up Blended Finance to Support the Renewable Transition

Scaling Up Blended Finance to Support the Renewable Transition

2023-09-28
By: Roshan
On: September 28, 2023

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 approach can attract private sectorContinue Reading

Rooftop Solar Needs Funding To Achieve The Targeted Growth

2020-05-12
By: Roshan
On: May 12, 2020

The rooftop solar market has been challenging due to a lack of general awareness, financing woes, and the unwillingness of distribution companies to help. It has struggled to catch onContinue Reading

Masdar To Buy 20% Stake In Hero Future Energies

2019-10-03
By: Staff Reporter
On: October 3, 2019

Making its entry into renewable energy space in India, Abu Dhabi government-owned energy company Masdar Clean Energy is all set to acquire about 20% stake in Hero Future Energies, forContinue Reading

World Bank’s Climate-Smart Mining Facility Fund

2019-05-10
By: Vartika
On: May 10, 2019

The World Bank has announced a multi-donor trust fund called the Climate-Smart Mining Facility. The goal of this facility is to promote the sustainable extraction of minerals used in renewableContinue Reading

World Bank Commits $200 Billion For Climate Action

2018-12-05
By: Vartika
On: December 5, 2018

One of the world’s largest sources of funding for developing countries, the World Bank Group announced on Monday that it would increase its current five-year investments to around $200 billion,Continue Reading

World Bank approves Rs. 6,000Cr. Atal Bhujal Yojana

2018-06-07
By: Staff Reporter
On: June 7, 2018

The World Bank has approved Atal Bhujal Yojana (ABHY), a Rs.6000 crore  Central Sector Scheme of the Ministry of Water Resources, River Development  and Ganga Rejuvenation. The scheme is  toContinue Reading

Paradip’s Solid Waste Treatment Plant Finally Takes Off

2018-05-22
By: Roshan
On: May 22, 2018

In a growing industrialised urban centre such as Paradip, the need for solid waste management project has been felt since long. The untreated solid waste was emerging as a majorContinue Reading

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