Green finance Subject: Environment Section : Climate change Context: Green finance is fast emerging as a priority for public policy. Green finance Green finance refers to the financial arrangements that are specific to the use for projects that are environmentally sustainable or projects that adopt the aspects of climate change. Environmentally sustainable projects […]

    Green Finance Subject: Economy Context: India’s updated climate change action plan requires financial commitments from Indian and international sources. Details: India’s updated climate change action plan: Achieving 50 per cent of installed electric generation capacity through non-fossil fuel-based sources i.e 500GW by 2030. Reducing emissions intensity of GDP by 45 per cent by […]