The year 2020, due to the COVID-19 pandemic, saw low power demand and better air quality, during the lockdown caused by the pandemic. Apart from that there were negative effects on the environment too.
As the public financing of coal fuels the climate crisis, it is crucial that all financing institutions make available to all the basic right to know if their money is being funneled into sectors responsible for environmental and human rights violations.
Presentations by speakers Mr. Rajesh Kumar, Centre for Financial Accountability, Mr. Ashish Fernandes, Climate Risk Horizon, and Mr. Niraj Bhatt, CAG, during the webinar on the 'The status of coal financing in India' on the 22nd/23rd of Feb, 2021.
Day 1 of the #EnergyFinanceWorkshop2021 organised by CAG Chennai and CFA on 22nd and 23rd Feb 2021 to understand, discuss and debate issues related to Coal Financing in India and de-carbonising the energy sector in TN.
This blog reveals the large public investors and creditors exposure to coal mining, coal based power production and transmission industries in India, their standing compared to global peers and investments in renewable energy sector.