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Budget 2023: What’s in it for 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 crores (Rs. 10 trillion).
IISD in the news February 17, 2023

Maharashtra among states with most comprehensive EV policies, finds report

Maharashtra is among the top 5 states with most comprehensive policy designs, according to a study by 'Climate Trends', a research-based consulting and capacity building initiative that aims to bring greater focus on issues of environment, climate change, and sustainable development.
IISD in the news February 16, 2023

Guest post: How quickly does the world need to 'phase down' all fossil fuels?

India and China were widely criticised at COP26 in 2021 when they pushed to tone down the language on coal consumption that emerged from the climate summit. As a result of this intervention from two highly coal-dependent nations, with the covert support of other key players, the final version of the Glasgow Climate Pact only called on nations to "phase down" rather than "phase out" unabated coal power.
IISD in the news February 16, 2023

Opportunity NOCs

This UCSB and IISD report examines how investors are financially exposed to NOC risks, but this exposure opens avenues for investor influence on NOCs and creates a strong incentive for investors to use such influence. If the world is to meet the goals of the Paris Agreement, NOCs must begin decarbonizing their activities.
Report February 16, 2023

NBI Deep Dive: Methodologies for Valuing NBI for Water Management

In the first webinar of the NBI Deep Dive series, we explain our Sustainable Asset Valuation (SAVi) methodology, which uses a combination of system dynamics and spatial modelling, climate data, and financial analysis to assess the environmental, social, and economic performance of infrastructure assets. We use case studies of mangrove restoration in Indonesia and natural stormwater solutions in Johannesburg, South Africa.
Webinar February 15, 2023