Tag Archives: Innovative

Railways to look for innovative ways to finance future projects

The Railways has to raise Rs 5,000 crore every year to strengthen safety infrastructure for achieving its zero accident target. (Representational) Railways will look for innovative ways, including assistance from the World Bank, for financing its future projects. “We have to look into how to finance the future of the Railways. We have already raised some but we need more ... Read More »

Innovative finance needed to find $300 billion a year for climate losses

LONDON (Thomson Reuters Foundation) – With money for action on climate change already in short supply, an estimated $300 billion a year needed to help countries deal with unavoidable climate losses will have to come from innovative new sources, such as a financial transaction tax or carbon tax, researchers say. Funding for such climate “loss and damage” aims to assist ... Read More »