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A Green Taxonomy can boost financing to meet India’s Sustainability Goals

By: Suresh, Nandini.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(20),may 17, 2025: p.22-27.Subject(s): sustainability projects, green taxonomy, RBI, climate goals, climate finance taxonomySummary: In budget 2024–25, India introduced a climate finance taxonomy, following the release of a sovereign green bond framework in 2022. However, the absence of a comprehensive green taxonomy hinders investors’ participation in sustainability projects. This article provides an overview, draws insights from the taxonomies of Europe and India’s neighbouring countries, and highlights the need for a taxonomy in India. - Reproduced https://www.epw.in/journal/2025/20/commentary/green-taxonomy-can-boost-financing-meet-indias.html
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In budget 2024–25, India introduced a climate finance taxonomy, following the release of a sovereign green bond framework in 2022. However, the absence of a comprehensive green taxonomy hinders investors’ participation in sustainability projects. This article provides an overview, draws insights from the taxonomies of Europe and India’s neighbouring countries, and highlights the need for a taxonomy in India. - Reproduced

https://www.epw.in/journal/2025/20/commentary/green-taxonomy-can-boost-financing-meet-indias.html

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