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RBI's Climate Norms to Help India's Green Goals, StanChart Says - Bloomberg

Bloomberg · last updated

RBI’s Climate Norms to Help India’s Green Goals, StanChart Says - Bloomberg

RBI’s Climate Norms to Help India’s Green Goals, StanChart Says

- RBI will require banks to disclose climate finance risks
- India needs about $1.7 trillion for de-carbonization by 2030

A solar farm in Pavagada, Karnataka, India, Photographer: Dhiraj Singh/Bloomberg

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The Indian central bank’s norms on climate finance risks unveiled this week may help boost attractiveness of the sustainability sector, according to Standard Chartered Bank.

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