Government releases draft framework of India's Climate Finance Taxonomy, aims to mobilize capital for climate actions

India's finance ministry has unveiled a draft framework for a Climate Finance Taxonomy, aiming to boost capital for climate adaptation and mitigation, aligning with the nation's 'net zero' goal by 2070. This initiative seeks to channel resources towards climate-friendly technologies, supporting emission reduction and affordable energy access.

Government releases draft framework of India's Climate Finance Taxonomy, aims to mobilize capital for climate actions
India's finance ministry has unveiled a draft framework for a Climate Finance Taxonomy, aiming to boost capital for climate adaptation and mitigation, aligning with the nation's 'net zero' goal by 2070. This initiative seeks to channel resources towards climate-friendly technologies, supporting emission reduction and affordable energy access.