India has introduced a single climate finance mechanism with a primary goal of unifying the funding and the implementation of its ambitious yet costly climate action plan. With the help of this new framework, the different domestic and international sources of funding will be brought together, which will make it possible to easily finance and thus support, the projects for the renewable energy, the efficient use of energy, the reduction of carbon, and the resilience to climate change. India, through finance channel consolidation, anticipates an accelerated transition to a low-carbon economy and at the same time keeping its commitment under […]
