Sustainable Finance Collaborative launched
Part of: GS-Prelims and GS-III – Economy
In News:
- Sustainable Finance Collaborative was recently launched.
- Launched by: The Department of Economic Affairs (DEA), Ministry of Finance in collaboration with the United Nations Development Programme India.
Key takeaways
It included dialogues on:
- barriers to deploying new and innovative financing such as impact investing
- Role of blended finance instruments
- Green finance instruments for sustainable development
- Need for taxonomy of environmentally sustainable activities
