With the world facing a climate crisis, urgent action is required on many fronts, not least in ensuring adequate levels of climate finance to support mitigation and adaptation in the Global South. Campaigns to...
The world changes when the people unite and not the Governments. This is the journey of people's BRICS movement defying all odds and creating a space where a network of people’s movements, progressive civil...
As the 13th BRICS Summit was recently held and chaired by India, the People’s Forum on BRICS (a network of people’s movements, progressive civil society organizations, and trade unions) is convening a 5-day online...
In September, the World Bank announced that it would discontinue the publication of the Doing Business Report and Ranking (DBR). This overdue decision came after a series of internal audits and an investigation that...
A new report released today by Centre for Financial Accountability India and Recourse reveals how India’s 7th largest commercial bank – Federal Bank Limited – has turned its back on new coal. The bank received a $126...
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows.
Indian banks and financial institutions, including the State Bank of India (SBI), ICICI, Axis Bank, the...
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows. Indian banks and financial institutions, including the State Bank of India (SBI), ICICI, Axis Bank,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
India's power ecosystem, which depends overwhelmingly on coal to meet the country's baseline electricity demand, is suddenly faced with an acute coal shortage. Even when the Coal Ministry tried to play down the coal...
India’s 7th-largest commercial bank, Federal Bank Limited, has turned its back on new coal, according to a new report released October 7, 2021.
The bank is a key lender to firms such as Jindal Steel Works (JSW)...
Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) in July 2021.