A broad agenda was set during the two-day meeting which will be deliberated upon further and finalised during the next set of meetings of the SFWG that will culminate with the leadership summit in September
Green financing refers to lending to environmentally sustainable economic activities
The delegates of the influential world grouping also deliberated on raising the size of blended finance, and stressed on the importance of Multilateral Development Banks (MDB) to deal with growing concern for climate change...
The financial sector holds an immense amount of power and influence. Sustainable finance, as stated earlier, recognizes this and attempts to use it for the overall betterment of society.
This credit facility was extended for two solar projects under TP Kirnali Limited (TPKL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL)
