Lending & Credit

India needs up to $250b investment to reach 2030 RE goals: Moody’s

The county targets a 500GW renewable energy capacity by 2030.

India needs up to $250b investment to reach 2030 RE goals: Moody’s

The county targets a 500GW renewable energy capacity by 2030.

Azure Power to invest $12.9m in Premier Energies Group

The two companies also executed a deal for solar cells and modules supply.

Indian RE sector posts record $14.5b investment in FY2021/22

This is due to the increasing electricity demand and net-zero emissions commitments.

SEA needs $190b annual energy investments by 2030: IEA

This amount will help the region reach its climate goals.

Philippine banks still fund coal projects: report

In effect, banks are enabling fossil fuels by underwriting or selling bonds.

Public clean energy spending jumps 50% to $710b since October 2021

Advanced economies accounted for $370b of the amount.

ACEN signs $262.8m loan agreement for SLTEC

Proceeds of equity redemption will be reinvested into renewable energy projects.

IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario

Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.

China’s central bank leads in green finance policies globally: report

It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.

CLP Power secures HK$1b emission reduction-linked loan

The loan was the first ESG-linked facility in the Japanese financial market.

ADB calls for ‘just, inclusive’ clean energy transition

This is to ensure no country is left behind in the transition.

Masdar Green REIT, First Abu Dhabi Bank sign $200m financing agreement

This is in support of Masdar Green REIT’s sustainable real estate portfolio.

India’s 2022 budget gives boost to its RE sector growth

The spending plan provided for the issuance of sovereign green bonds.

Philippines’ new sustainability framework restricts fossil fuel financing

Fossil fuel power-generation projects will be excluded from its green financing scheme.

Accepting gas as sustainable will hurt Korea’s green finance credentials

Regressing on what was a promising green taxonomy sends weak market signals to investors and loses competitive edge.

China needs RMB200t investment to reach net zero by 2060

An average of RMB5t worth of funds a year is needed to decarbonise its economy.

Improved green lending criteria to boost discom performance, decarbonisation goals in India

The only green parameter for credit rating is the RPO which carries “the least weight,” IEEFA says.