The Reserve Bank of India’s green focus is likely to change the way it is funded

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As the world suffers from out-of-season rains and cyclones, sporadic forest fires that last for days, burning assets worth billions to ashes, extreme weather events have become a crucial element.

The subjects
Green financing | RBI | RBI Policy

Anup Roy |
Calcutta


The Reserve Bank of India (RBI) has started to prioritize discussions on green finance and climate issues in its policy discussions, and this could be a significant stepping stone to how Indian companies raise funds for their projects. As the world suffers from out-of-season rains and cyclones, and sporadic forest fires that last for several days, burning assets worth billions to ashes, extreme weather events have become a crucial part of policymaking.

The European Central Bank, for example, has planned an official climate roadmap. Network of central banks and supervisors for the greening of the …

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First published: Mon September 27, 2021 06:08 IST


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