UAE’s Etihad Rail Launches Sustainable Finance Framework for Green Investments
This framework aims to facilitate the issuance of green bonds, which will be instrumental in securing funds for lower-carbon infrastructure projects such as clean transportation, green buildings and pollution control.
World Bank Issues $225M Bond to Fund Amazon Reforestation
The 2033 bond provides investors with a coupon that includes a fixed guaranteed component and a variable component linked to the generation of carbon removal units from reforestation projects in the Amazon rainforest regions of Brazil.
Delhi’s IGIA Becomes 1st Indian Airport to Get Net Zero Carbon Emissions Status
The facility, managed by GMR Group, became the first airport in India to achieve “net zero carbon emission airport status, a level 5 certification, under the Airport Council International’s carbon accreditation program.
Ola Electric Unveils e-bikes Lineup, Eyes India’s 1st AI Chip Launch in 2026
The lineup includes three models – the Roadster X, Roadster, and Roadster Pro – with prices starting at ₹74,999. While the Roadster Pro will be launched during Diwali, the Roadster X and Roadster will hit the market in January 2025.
Over 47,000 People Died in Europe Last Year Due to Heat, Study Estimates
According to a study by the Barcelona Institute for Global Health, 47,690 deaths across 35 European countries were estimated in 2023, of which 47,312 occurred between May 29 and Oct. 1.
Government Allocates $95.2M to Create Model Solar Village in Every District
The outlay is part of PM Surya Ghar: Muft Bijli Yojana, launched by Prime Minister Narendra Modi on Feb. 15, 2024. It aims to transform India’s energy landscape by providing free electricity to households.
Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.