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Despite billions to get off coal, why is Indonesia still building new coal plants?

Not far from the white sand beaches on the island of Borneo, the Indonesian government is building what it calls a "green industrial park." In the ground-breaking ceremony, Indonesia's president said this area of more than 40,000 acres would become a hub for green manufacturing using the country's vast mineral reserves.
IISD in the news February 5, 2023

A new hope in the battle against climate change

What is hailed as one of the biggest breakthroughs in the battle against climate change comes from Denmark, one of the European Union’s biggest producers of oil and natural gas.
IISD in the news February 3, 2023

What the Union budget gets right and wrong when it comes to protecting the environment

Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities that can be transformative during Amrit Kaal, the term first used by Prime Minister of India in 2021, referring to the next 25 years in India's growth. The expenditure budget increased by 33% in capital to Rs 10 lakh crore (Rs 10 trillion).
IISD in the news February 3, 2023

Fifty shades of green: The union budget's environmental hits and misses

Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities that can be transformative during Amrit Kaal, the term first used by Prime Minister of India in 2021, referring to the next 25 years in India’s growth. The expenditure budget increased by 33% in capital to Rs. 10 lakh crores (Rs. 10 trillion).
IISD in the news February 2, 2023

Green Growth Ranks High in Union Budget 2023-24

Green found prominence in the Union Budget 2023-24 that finance minister Nirmala Sitaraman presented on Wednesday, January 31, in parliament. Green growth – from green credits to green energy to green mobility to green farming – was among the seven main priorities that made it to the Budget this year.
IISD in the news February 1, 2023

Indian budget funds green hydrogen push

The Indian government announced its new budget on Wednesday, which allocates $2.4 billion to create a green hydrogen industry in the country. The fuel is considered key to moving away from fossil fuels in hard-to-decarbonize sectors, and has garnered big investment around the world in recent years. The World's environment correspondent Carolyn Beeler reports.
IISD in the news February 1, 2023