Report by Reserve Bank of India Report on Currency and Finance (2022-2023): Towards a Greener Cleaner India Climate change is manifesting itself at an alarming scale and pace globally. Emerging and developing economies are the most vulnerable in terms of technological capabilities and access to finance for adaptation and mitigation. There has been a significant increase in climate action, both multilaterally and in individual countries. Alongside fiscal policies, recent years have seen a growing experimentation with regulatory instruments and hence, the role of central banks in combating climate change is coming to the fore. The Reserve Bank of India is actively involved in fortifying India’s climate defence through various policy and research initiatives. Read More