This report analyzes the increasing risks of extreme weather events to the ‘Financial Institutions’ (FIs) in India, as the frequency and severity of these events intensifies.

India will continue to remain the world’s fastest-growing large economy in 2019 as well as in 2020, much ahead of China, a UN report said. According to the UN’s World Economic Situation and Prospects (WESP) 2019, India’s GDP growth is expected to accelerate to 7.6% in 2019-20 from an estimated 7.4% in the current fiscal ending March 2019.

The World Bank Group launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an average of $10 billion a year—is more than double what was achieved during FY15-18.

Global economic prospects have darkened. Financing conditions have tightened, industrial production has moderated, and trade tensions remain elevated. The recovery in emerging market and developing economies has stalled, and some countries have experienced significant financial stress.

The Centre's flagship irrigation scheme - Accelerated Irrigation Benefit Programme (AIBP) - has been found to be saddled with delays, deficiencies in planning and even serious lapses such as diversion of funds and financial irregularities were found revealed this performance audit of the Comptroller and Auditor General (CAG) for the period of 2008 to 2017. The irrigation projects led to an almost threefold jump in the cost of these projects to ₹1.20 lakh crore said the report.

The 42nd standing committee on energy in this report on stressed gas-based power plants tabled in Parliament pulled up the government for diverting coal cess to compensate States for revenue loss post-GST, and recommended financial support to the stressed gas-based power projects in the country from National Clean Energy Fund (NCEF).

The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects have been notified under the provisions of Section 63 of the Electricity Act, 2003 vide resolution No.

In 2017 several leading climate analysis organizations came together as part of the Mission 2020 campaign to define six milestones—in energy, transport, land use, industry, infrastructure, and finance—that would need to be met by 2020 to bend the curve in global greenhouse gas emissions and put the world on a pathway consistent with the Paris Ag

The world is steadily progressively towards universal access to electricity, with access rates in rural areas growing rapidly. Current technologies and the solutions can dramatically accelerate the growth trajectory of electricity access.

Renewable energy has advanced rapidly in the Global Cooperation Council (GCC) countries since 2014.

Pages