A Green Taxonomy can boost financing to meet India’s Sustainability Goals
- Economic & Political Weekly
- 60(20),may 17, 2025: p.22-27
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