RBI’s Climate Norms to Help India’s Green Goals, StanChart Says
- RBI will require banks to disclose climate finance risks
- India needs about $1.7 trillion for de-carbonization by 2030
A solar farm in Pavagada, Karnataka, India,
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.
The Indian central bank’s norms on climate finance risks unveiled this week may help boost attractiveness of the sustainability sector, according to Standard Chartered Bank.