Kilogreen

Does the economy show a Green Light welcome to the Green Initiatives? Green bonds, which are meant to fund sustainable projects, have catalyzed the transition to renewable energy, climate resilience and sustainable infrastructure. Yet, recent setbacks, such as the unsuccessful effort of India's green bond issuance, have highlighted the challenges that sustainable finance faces. The question of how welcoming the economy is, is a matter of hot discussion. What is Green bonds and the Red tapes on it ? Green bonds are fixed-income financial instrument intended to raise capital for sustainable projects. Over the past decade, they have gained momentum with global issuance reaching record levels, in an effort to raise fund and positively impact environment. However, the push and rapid growth has also exposed flaws in the system. There are instances which rises the question of green credentials of certain bonds which cast doubts on the sustainable intentions! These challenges underline the...

 Sports hold immense power to influence, inspire, and mobilise people worldwide. With billions of fans, sports organisations are uniquely positioned to address one of humanity’s most pressing challenges: climate change. The UN Sports for Climate Action Framework, launched by the United Nations Framework Convention on Climate Change (UNFCCC), aims to unite the global sports community to combat climate change and leverage its influence to promote sustainable practices. The Framework for Climate Action The Sports for Climate Action initiative seeks to align the sports sector with the goals of the Paris Agreement, working towards a low-carbon future. It sets out five principles for signatories, ranging from promoting environmental responsibility to advocating for climate action. 1. Promote Greater Environmental Responsibility: Encourage sustainable operations and reduce ecological footprints. 2. Reduce Overall Climate Impact: Focus on energy efficiency, renewable energy, and wa...