The 'loss and damage' fund was a breakthrough for developing country negotiators at the UN climate talks in Egypt last year, despite years of resistance from wealthy nations.
The East African country said the World Bank's move was unjust and hypocritical, since it lends to countries in Middle East, Asia with similar laws on homosexuality.
The new steps, still in discussion, come on top of initial steps approved in April that will boost World Bank lending by up to $50 billion over the next decade.
The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments.
Sri Lanka is emerging out of its worst economic crisis in 7 decades, and its economy expected to shrink 2% this year before returning to growth next year.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Billed as the military’s own version of Raisina Dialogue, the event will spotlight on tech-driven warfighting, lessons from Operation Sindoor and release of three new doctrines.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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