RBI to Establish On-Tap Cohort on Climate Change Risks
The RBI Governor has emphasized the role of technology and finance in climate change risks and the low-carbon economy transition
The RBI Governor has emphasized the role of technology and finance in climate change risks and the low-carbon economy transition
M Rajeshwar Rao, Deputy Governor, RBI has asserted that the central bank has taken proactive steps to mitigate the risks associated with climate change that could affect the financial system
RBI is establishing a data repository named Reserve Bank – Climate Risk Information System (RB-CRIS) to monitor climate risks
The Union Bank of India has demonstrated its commitment to monitoring and controlling its financed emissions.
The Indian government introduced sovereign Green Bonds in FY 23 to mobilize funds for sustainable public sector projects.
India’s decisive transition towards a circular economy is being ably supported by favorable government policies and industry participation