Sustainable Finance And India's Climate Goals

While the pandemic changed our world overnight, it also forced us to slow down, evaluate and begin to work towards the kind of world we want to inhabit. Perhaps therefore, even amid COVID-19 induced economic slowdowns all over the world, the concept of sustainability for all factors of production remains one of the few areas with rising financial interest. At a time when, as a species, we are all feeling the ever-increasing effects of climate change, the change in tide and increased sense of responsibility to mitigate the problem serves only to benefit us all. In 2018, India lost an estimated $37 billion due to climate change and extraordinary climate events like the cyclones that devastated the east coast, and, in 2019, 42% of India's land faced drought conditions.¹ Therefore, the financial burden of climate change is just as high as it's the human costs it charges and threatens to continue affecting. Thus, this shift in governmental policy and corporate