ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Green Finance: Perspectives in Sustainable Finance Instruments

Green bonds are financial instruments that deliver both returns and environmentally positive outcomes. They can be a key part of strategies to incorporate climate action into financial decision-making and help developing countries meet their Paris Agreement and Sustainable Development Goal obligations. While their total volume increased, their effectiveness in promoting sustainability—especially in post-pandemic recovery—looks questionable.

India’s Domestic Climate Policy is Fragmented and Lacks Clarity

India’s domestic climate policy is outdated and relies on a disjointed institutional architecture, without having clarity on foundational values. There is a pressing need to revisit the National Action Plan on Climate Change, 2008, and to reformulate domestic climate policy in India. Policy integration, institutional design for effective implementation, and climate justice must play a central role in this new vision for India’s domestic climate policy.

Capitalism, Empire and Climate

The Great Derangement: Climate Change and the Unthinkable by Amitav Ghosh, Gurgaon, Haryana: Penguin, 2016; pp 284, `399.

Paris Agreement on Climate Change

The success of the Paris Agreement will depend on how soon the countries whose emissions have peaked achieve zero-emission levels; and how China, India and other developing countries define their urban future. It will also depend on developing a common understanding of whether technological changes alone will suffice and come quickly enough to meet the world's huge and growing need for energy, transportation, food, buildings and goods within a reframed urban transition.

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