Roadmap for Answer Writing 1. Introduction Define green financing and its significance. Fact: India needs $10 trillion to achieve net-zero emissions by 2070 (International Financial Services Centres Authority). Mention India’s climate goals and global commitments (e.g., COP26 net-zero pledge). 2. Strategies to Improve Access to ...
Getting governance-Governance development assistance can enhance governance systems and the institution efficiency and accountability in fighting corruption. Human Capital-Aid can help develop human capital by enhancing availability of quality education, health care and also enhance available resourRead more
Getting governance-Governance development assistance can enhance governance systems and the institution efficiency and accountability in fighting corruption.
Human Capital-Aid can help develop human capital by enhancing availability of quality education, health care and also enhance available resource for human safety nets.
Promoting inclusive growth-Employment creation through development assistances would promote business and cultivate sustained economic structures on the public.
Equality and fairness purposes of aid could deal with Gender, Ethnic, or any other inequalities within the society, in a way that resources channeled to such a society would be equitably distributed among all factions of that society.
Strengthening Coping capacity- development assistance may help prepare countries for climate change, natural disasters and other hazards.
Promoting or Supporting Sustainable Development-Such aid can promote conservation of the environment and sustainability of natural recourses for the future.
See less
Model Answer India’s commitment to achieving net-zero emissions by 2070, announced at COP 26, necessitates a $10 trillion investment, according to the International Financial Services Centres Authority. Below are strategies India can adopt to enhance access to green finance and achieve its climate aRead more
Model Answer
India’s commitment to achieving net-zero emissions by 2070, announced at COP 26, necessitates a $10 trillion investment, according to the International Financial Services Centres Authority. Below are strategies India can adopt to enhance access to green finance and achieve its climate and sustainable development goals:
1. Develop a Conducive Policy and Regulatory Environment
2. Introduce Formal Carbon Pricing Frameworks
3. Mobilize Domestic and International Capital
4. Expand Green Finance Through Banks
5. Advocate at International Forums
Conclusion
To make green financing a cornerstone of Mission 2070, India must implement a holistic policy framework and foster strong domestic and international financial collaboration. Initiatives like carbon pricing, innovative financial instruments, and advocacy on global platforms will be pivotal in ensuring a sustainable and climate-resilient future.
See less