SunBorne Energy has received a INR1.4 billion (US$30.6 million) loan to build its 15MW solar plant in Gujarat, India. It is one of the first contracts to secure funding from India’s initial auction for solar development permits under the National Solar Mission programme.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.