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COP28 Day 5 Recap: President Al Jaber's 'Fossil Fuel Science' remark, green finance and 'more declarations' | 10 points

COP28 Day 5: Among “landmark commitments” on Monday was a pledge by the UAE Banking Federation to mobilize $270 billion by 2030. Here s all that happened COP28 summit on Monday. ....

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ReNew Energy inks MoU with Asian Development Bank for $5.3 billion

The money will be used to finance decarbonisation-related projects between 2023 and 2028. ....

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ReNew inks initial pact with Asian Development Bank for $5.3 bn funding

Renewable energy company ReNew Energy Global Plc has entered a $5.3 billion funding agreement through a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB). Signed at COP28 in Dubai, the MoU outlines collaboration on climate change projects, renewable energy investments, manufacturing, carbon offset initiatives, and green hydrogen. ReNew, led by Founder and CEO Sumant Sinha, aims to support India s target of achieving 500 GW of renewable capacity by 2030. ....

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ReNew inks initial pact with Asian Development Bank for USD 5.3 bn funding

Renewable energy firm ReNew Energy Global Plc has inked an initial pact with the Asian Development Bank (ADB) for a funding of USD 5.3 billion.”The MoU was signed at COP28, Dubai by ReNew’s Founder, Chairman and CEO, Sumant Sinha and Suzanne Gaboury, Director General, Private Sector Operations Department, ADB,” a company statement said.According to the statement, the MoU identified potential ....

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Renew Signs Letter Of Intent With ADB For $5.3 Billion Financing

Renew Signs Letter Of Intent With ADB For $5.3 Billion Financing
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