There is a widening credit divergence between renewable and thermal energy assets, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). It argued that the success of India’s target to reach 500 GW of renewable capacity by 2030 depends heavily on the country’s ability to mobilise sustainable debt finance.
We are running out of time to respond to the climate crisis, and for children, the consequences are already unfolding. Global reports continue to warn that climate change is a lived reality for several communities today. A 2021 UNICEF analysis highlighted that , nearly a billion children, that is almost half of the world’s population, are at extremely high risk from climate impacts. Also, nearly three in five young people aged 16–25 years report feeling very or extremely worried about climate change. Almost half say these fears are already affecting their daily lives, from sleep to concentration .

A new report by Ember, a global energy think tank, found that battery storage is now cheap enough to meet 90% of India’s electricity demand at a competitive levelised cost of electricity of ₹5.06/kWh than current average power purchase price in most states.
A new report by global energy think tank, Ember found that nearly half of the countries in the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20), a group of 74 climate-vulnerable nations across Africa, Asia, the Caribbean, Latin America and the Pacific, representing 1.7 billion people, have already surpassed the United States in solar penetration.
A new report involving 18 major steelmakers operating across 29 countries showed that none are currently ready to transition to net-zero emissions production. The report titled “SteelWatch Corporate Scorecard: The Transition Readiness Gap” said coal dependence remains the norm, despite many firms committing to long-term climate goals.
Timing, in climate diplomacy, is everything. India released the third instalment of its Nationally Determined Contributions (NDC 3.0) this week as the West Asia crisis continues to intensify and energy markets convulsed.