24 May 2025
32
India has taken a major step toward mobilizing private capital for its net-zero goals by releasing a draft climate finance taxonomy. The framework, published by the Ministry of Finance, aims to define what qualifies as a “green” investment—providing clarity for investors, banks and regulators.
Key Details:
Experts say the move will help channel billions of dollars into climate-friendly projects and support India’s ambition[1] to reach net-zero emissions by 2070.
“This is a critical milestone for India’s sustainable finance ecosystem,” said Priya Shah— a climate finance consultant.
[1] https://www.esgtoday.com/india-releases-draft-climate-finance-taxonomy-to-drive-capital-to-net-zero-goals/
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