Author name: Climatora News Desk

New Government Policy on Innovation in Solar Cells to Boosts Industry

In a progressive move to bolster the domestic renewable energy sector, the Ministry of New and Renewable Energy (MNRE) is working on a new policy to include solar cells in its ‘Approved List of Models and Manufacturers (ALMM).’ This forward-thinking initiative is expected to significantly boost innovation in solar cell manufacturing, reduce import dependence, enhance […]

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Solar Manufacturing

MNRE Tightens Solar Regulations to Boost Transparency in Solar Manufacturing

The Ministry of New and Renewable Energy (MNRE) has taken a bold step towards ensuring greater transparency and accountability in India’s solar energy sector. Announcing significant amendments to the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirement for Compulsory Registration) Order, 2019, the ministry aims to strengthen regulations governing the manufacturing and quality of

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Sustainable Energy

Just Climate Invests $150M in India’s Sustainable Energy Future

Al Gore-backed Just Climate has invested $150 million in India’s Continuum Green Energy in a monumental stride towards sustainability and renewable energy. This significant equity investment is poised to accelerate Continuum’s pipeline of renewable energy projects across the country, including wind and solar energy ventures. The collaboration is a testament to the growing importance of

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RISE Accelerator Launches Climate-Smart Agritech Cohort for Startups

In a dynamic collaboration to foster innovation and sustainability in agriculture, the Rapid Innovation and Startup Expansion (RISE) Accelerator program has announced the launch of its Climate-Smart Agritech cohort. A joint initiative by NITI Aayog’s Atal Innovation Mission (AIM) and Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO), this program seeks to propel startups and

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Waste Management

Himachal to Launch Sustainability-Focused Environmental Cell for Waste Management

In a progressive move towards sustainability and cleaner urban living, the government of Himachal Pradesh has announced the creation of a dedicated *Environmental Cell* within its Department of Urban Development. This landmark initiative, launched on August 19, 2024, aims to address the rising challenges of solid and liquid waste management in the state’s rapidly growing

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BeZero and Emirates NBD Boost Carbon Ratings in the Gulf

In a significant step towards enhancing climate investments and transparency in the Middle East, global carbon ratings agency BeZero Carbon has teamed up with Emirates NBD, one of the leading banking groups in the MENAT region (Middle East, North Africa, and Türkiye). This groundbreaking partnership aims to strengthen the carbon credit market in the UAE,

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HSBC Expands Low-Carbon Finance With New Infrastructure Unit

HSBC, one of the world’s largest financial institutions, is deepening its commitment to sustainability by launching a new business unit—HSBC Infrastructure Finance (HIF). This unit, specifically designed to promote low-carbon finance, is set to focus on financing infrastructure projects and offering advisory services that support the global transition to a low-carbon economy. The launch comes

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SEBI Unveils New ESG Bonds Framework

The Securities and Exchange Board of India (SEBI) has taken another giant leap toward reinforcing India’s sustainable finance ecosystem. In a groundbreaking move, SEBI has introduced a comprehensive expansion to its sustainable finance framework by unveiling new Social, Sustainable, and Sustainability-linked Bonds, complementing the already established green debt securities. This initiative marks a pivotal moment

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Chandigarh’s MCC Drives Sustainability with Eco-Friendly Product Campaign

In a significant move towards promoting sustainability and eco-consciousness, the Municipal Corporation Chandigarh (MCC) has launched an inspiring initiative, setting up a “Prarambh” stall in the vibrant Sector 15 market. This initiative is part of MCC’s vision of cultivating an eco-friendly, cleaner, greener city while encouraging citizens to embrace sustainable products daily. This initiative, labeled

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Green Finance

Thailand Boosts Green Finance for SMEs As A Sustainability Drive 

The Bank of Thailand (BoT) has embarked on an ambitious journey to foster Sustainability within the country’s small and medium-sized enterprises (SMEs) by launching an innovative green finance initiative. This collaborative effort, which includes eight of Thailand’s leading banks, aims to develop financial products tailored to support SMEs in adopting sustainable practices, ultimately contributing to

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