Financing The Future: Sustainable Finance And Climate Resilience In India

Abstract

India is facing critical environmental and economic challenges of climate change. Rising temperatures, floods, droughts, and other abnormal weather phenomena are affecting the lives of human beings and the country's progress. To address these challenges, there is a growing need for sustainable finance — financial instruments and investments favoring green energy, green businesses, and climate-resilient infrastructure.

The main objective of this research is to study how sustainable finance can be employed for building a climate-resilient, sustainable India. From secondary data in the form of government reports, international reports, and research studies, here trends, gaps, and opportunities in sustainable finance are well established. It also examines initiatives by India through green bonds, green investing, and policy aligned with global agreements like the Paris Agreement.

The report concludes that though India has advanced in the area of sustainable finance, it still has many challenges, such as a lack of awareness, narrow green investment opportunities, and a requirement for robust regulations. To build a climate-resilient future, India needs to pay more attention to public-private partnerships, policy support, and investor awareness.

This paper offers useful insights for policymakers, financial institutions, and researchers towards a sustainable and climate-resilient future for India.