Private sector lender YES Bank will mobilise $5 billion by 2020 towards its commitment to climate finance in India. YES Bank also announced a target funding of 5,000 MW of clean energy, gradually increasing renewable energy in its power portfolio, contribute towards creating a carbon sink by planting two million trees, touch 100 million lives through its safe and clean drinking water program and offset carbon emissions of the bank’s operations,. It made the announcement on the occasion of the Conference of Parties (COP) 21 climate summit underway in Paris.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.