MoEFCC workshop on financing India's green transition begins in Kolkata
A two-day MoEFCC stakeholder workshop on 'Financing India's Green Transition Plan and Adaptation Needs' began in Kolkata on 16 January 2025 under the Green Climate Fund Readiness Programme.
Summary
A two-day stakeholder consultation workshop on 'Financing India's Green Transition Plan and Adaptation Needs', organised by the Union Ministry of Environment, Forest and Climate Change, began in Kolkata on 16 January 2025 under the Green Climate Fund Readiness Programme. MoEFCC Economic Advisor Rajasree Ray called for a concerted approach on taxonomy, green guidelines and financial products, noting that the Budget for 2024-25 called for India's own climate finance taxonomy to improve the availability of capital for adaptation and mitigation. West Bengal Chief Secretary Manoj Pant, CDRI Director General Amit Prothi and representatives of UNDP and the Green Climate Fund attended the inaugural session.
Key facts
- Began
- 16 January 2025, Kolkata (two days)
- Organiser
- Union Ministry of Environment, Forest and Climate Change
- Programme
- Green Climate Fund Readiness Programme
- Theme
- Financing India's Green Transition Plan and Adaptation Needs
- Key message
- Develop India's own climate finance taxonomy (Budget 2024-25)
- Attendees
- WB Chief Secretary Manoj Pant; CDRI DG Amit Prothi; UNDP; GCF
Practice MCQs 2 questions
The MoEFCC workshop on 'Financing India's Green Transition Plan and Adaptation Needs', which began in Kolkata on 16 January 2025, was held under which programme?
Show answer
Correct answer: C — Green Climate Fund Readiness Programme
PIB (MoEFCC): the workshop was organised under the ongoing Green Climate Fund Readiness Programme.
At the Kolkata green finance workshop (January 2025), the MoEFCC Economic Advisor noted that which document called for developing India's own climate finance taxonomy?
Show answer
Correct answer: A — Union Budget 2024-25
PIB: Rajasree Ray pointed out that the Budget presented for 2024-25 called for developing India's own climate finance taxonomy.