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The speech discusses the necessity of building a robust ecosystem for green and sustainable finance in India, emphasizing the importance of a national taxonomy, consistent regulatory approaches, and assurance mechanisms to mitigate risks like greenwashing. It highlights the challenges faced in financing green initiatives, including high upfront costs and the need for innovative solutions to attract private investment. The Reserve Bank of India is taking steps to address these issues through initiatives like

Author

Vikas Pratap Singh

Language

EN