Landmark corporate accountability case resulted in critical reforms for the World Bankâs lending arm. Today, the U.S. Supreme Court denied a petition from a fishing community in India whose livelihoods have been destroyed by...
The Supreme Court today turned down an appeal from a fishing community to review its lawsuit that seeks to hold an arm of the World Bank liable for environmental damage from a coal-fired power...
Landmark corporate accountability case resulted in critical reforms for the World Bankâs lending arm. April 26, 2022 New Delhi:Â Last evening India time, the U.S. Supreme Court denied a petition from a fishing community...
The mining industry in India has constantly been in the spotlight for violations of many kinds, ranging from environmental degradation to labour violations and cases of child labour.
Economic, legal, diplomatic and civil society experts â including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank â have urged the United States Supreme Court...
Clean energy projects got 74% of the total funds from financial institutions last year, or âš24380 crore, according to a report by Climate Trends and Centre for Financial Accountability. Indian lenders channeled more funds to...
New Delhi, Dec 14 (IANS): An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power...
Asian Development Bank has approved a new energy policy ostensibly to support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific. However a closer look...
A new report released today by Centre for Financial Accountability India and Recourse reveals how Indiaâs 7th largest commercial bank â Federal Bank Limited â has turned its back on new coal. The bank received a $126...
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...
Indiaâs 7th-largest commercial bank, Federal Bank Limited, has turned its back on new coal, according to a new report released October 7, 2021.Â
The bank is a key lender to firms such as Jindal Steel Works (JSW)...
The Ministry of Coal (MoC), through a notification on  June 18, 2020, officially launched the process of auctioning coal mines, thus opening up the Indian coal mining sector to commercial operations by the private...