000 01297nam a22001577a 4500
999 _c523904
_d523904
008 231013b ||||| |||| 00| 0 eng d
100 _aSrivastava , Shantanu and Trivedi, Saurabh
_944120
245 _aPotential financing mechanism for greening Indian urban local bodies
260 _aNagarlok: Quarterly Journal of Urban Affairs
300 _a55(2), Jun, 2023: p.62-68
520 _aThis article discusses the challenges Urban Local Bodies (ULBs) in India face in financing climate mitigation and adaptation projects, despite their critical role in addressing climate change. To address these challenges, the article presents potential financing mechanisms for Indian ULBs to finance their low-carbon infrastructure needs. These mechanisms include municipal green bonds, aggregation models, risk mitigation facilities and carbon credit trading. The article provides examples of such mechanisms used by ULBs in India or abroad and addresses existing policy gaps and capacity issues to ensure the effective use of these mechanisms by Indian ULBs.- Reproduced
650 _aMunicipal green bonds, Low-carbon infrastructure, Climate finance, Carbon credits, ULB finances.
_940998
773 _aNagarlok: Quarterly Journal of Urban Affairs
906 _aURBAN DEVELOPMENT
942 _cAR