The Reserve Bank of India has announced the framework for accepting green deposits of regulated entities (RE). What is a green deposit? A green deposit is an interest-bearing deposit received by the regulated entity for a fixed period and the proceeds are earmarked for being allocated towards green finance. These are like your regular fixedContinue reading “Green Deposits 101”
Tag Archives: #India
The Right to Clean Air
Delhi often struggles to breathe. So, do Tokyo, Shanghai and Dhaka. Air pollution is estimated to kill 7 million people worldwide each year. The problem is severe and needs immediate action. In August 2022, United Nations General Assembly passed a historic resolution declaring that everyone on the planet has a right to a healthy environment,Continue reading “The Right to Clean Air”
The Net Zero Emissions Bill 2022
The Net Zero Emissions Bill 2022 was introduced in Rajya Sabha on December 9, 2022. It hasn’t received the attention that it deserves. The Bill creates a structure that will enable India to achieve the net zero target set out at the Glasgow Summit and incorporated in India’s NDCs (Nationally Determined Contributions). To achieve theContinue reading “The Net Zero Emissions Bill 2022”