G7 nations or group of world's most advanced economies of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States are reportedly planning to ban all fossil fuel finance globally. In fact, G7 has already declared its intention to stop international funding for coal projects.

This fossil fuel finance ban could have an adverse impact on countries in the Global South who are trying to balance their growing energy needs while taking action on climate change. To understand this decision of G7 and its far-reaching repercussions, we spoke with Vijaya Ramachandran, Director for Energy and Development at the Breakthrough Institute in the US. Vijaya is a renowned economist with over three decades of experience working in public policy and academia. She has served on the faculty of Duke University and Georgetown University as well as worked at the World Bank, the Executive Office of the Secretary-General of the United Nations, and the Center for Global Development.

Suggested readings:

1. https://www.nature.com/articles/d41586-021-01020-z

2. https://thehill.com/blogs/congress-blog/foreign-policy/541554-economic-growth-in-africa-will-not-be-achieved-by-a




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G7 nations or group of world's most advanced economies of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States are reportedly planning to ban all fossil fuel finance globally. In fact, G7 has already declared its intention to stop international funding for coal projects.
This fossil fuel finance ban could have an adverse impact on countries in the Global South who are trying to balance their growing energy needs while taking action on climate change. To understand this decision of G7 and its far-reaching repercussions, we spoke with Vijaya Ramachandran, Director for Energy and Development at the Breakthrough Institute in the US. Vijaya is a renowned economist with over three decades of experience working in public policy and academia. She has served on the faculty of Duke University and Georgetown University as well as worked at the World Bank, the Executive Office of the Secretary-General of the United Nations, and the Center for Global Development.
Suggested readings:
1. <a href="https://www.nature.com/articles/d41586-021-01020-z">https://www.nature.com/articles/d41586-021-01020-z</a>
2. <a href="https://thehill.com/blogs/congress-blog/foreign-policy/541554-economic-growth-in-africa-will-not-be-achieved-by-a">https://thehill.com/blogs/congress-blog/foreign-policy/541554-economic-growth-in-africa-will-not-be-achieved-by-a</a>
 
Follow TIEH podcast on <a href="https://bit.ly/tieh_twitter">Twitter</a>, <a href="https://bit.ly/tieh_linkedin">Linkedin</a> and <a href="https://bit.ly/tieh_youtube">YouTube</a>.

The India Energy Hour podcast features in-depth conversations with leading energy, development & climate experts from academia, civil society, & the government. Through these interviews, we explore Indian energy transitions’ most pressing hurdles & promising opportunities. We look at the role that government, financial markets, social movements, & science plays in transition.

Co-hosted by Shreya Jai, a leading energy & climate change reporter and Sandeep Pai, an energy transition researcher & author. The show is produced by Tejas Dayananda Sagar.

Contact us at: theindiaenergyhour@gmail.com

The India Energy Hour podcast features in-depth conversations with leading energy, development &amp; climate experts from academia, civil society, &amp; the government. Through these interviews, we explore Indian energy transitions’ most pressing hurdles &amp; promising opportunities. We look at the role that government, financial markets, social movements, &amp; science plays in transition.

Co-hosted by Shreya Jai, a leading energy &amp; climate change reporter and Sandeep Pai, an energy transition researcher &amp; author. The show is produced by Tejas Dayananda Sagar.

Contact us at: theindiaenergyhour@gmail.com

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