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Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…
A fire ripped through several pavilions at the COP30 climate summit in Belem on Thursday, triggering evacuations and stalling negotiations just as delegates entered a decisive phase.The blaze, which tore through the roof of a temporary structure at the entrance to the venue, sent thousands of attendees fleeing as smoke rapidly filled enclosed corridors, according…
India has reiterated that equitable, predictable, and concessional climate finance remains central to achieving global climate goals, underscoring the principle of fairness and shared responsibility at the Leaders’ Summit of COP30 in Belem, Brazil.Delivering India’s National Statement, Ambassador Dinesh Bhatia said the country’s climate action continues to be guided by equity, national circumstances, and the…
