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India's headlong rush to boost renewable energy in keeping with the spirit of the Paris climate summit has been tempered with the difficulties project developers are facing to secure inexpensive finance. This issue can be best solved by establishing a green bank to strengthen the rapidly expanding clean energy market, a recent report has recommended.
Energy ministers and delegates from more than 20 leading economies gathered at the 7th Clean Energy Ministerial (CEM) last week in San Francisco, to accelerate action on transitioning to the clean energy future envisioned at COP21. The historic Paris Agreement adopted by 195 countries at COP21 is an unprecedented opportunity to advance the political dialogue on international cooperation for a global clean energy transition. Can India with its exceptionally bold renewable energy (RE) targets spearhead this movement?
PARIS -- Even as the first week of the U.N. Climate Change Conference in Paris concludes with most contentious issues unresolved, debuting on the laundry list of differences between developed and deve...