WB approves financing for low carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.

CBA launches finance to achieve sustainability goals

Commonwealth Bank of Australia (CBA) is launching a range of new green asset finance solutions to support businesses investing in green vehicles, equipment and machinery and achieving their sustainability goals, while also lowering energy costs and boosting productivity. CBA’s new Green Vehicle and Equipment Finance offers discounts of up to 1 per cent off the

G7 commits to stop funding fossil fuel projects

The energy and environment ministers from all G7 countries agreed at a meeting in Berlin to end taxpayer funding for oil, gas and coal projects overseas from the end of this year. According to the analysts, this agreement could shift about $33bn (£26bn) a year from fossil fuels to clean energy sources. The G7 member