Adequate, affordable finance a constraint in climate action: Eco Survey ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 19
The availability of adequate and affordable finance remains a constraint in India's climate actions, the Economic Survey for 2022-23 tabled in Parliament on Tuesday said. The country's climate actions have so far been largely financed from domestic sources only, including government budgetary support, a mix of market mechanisms, fiscal instruments and policy interventions, it added. While several estimates of the required investments are indicated in the long-term low greenhouse gas emission development strategies (LT-LEDS) report prepared by India, it is important to note that all allude to a need for tens of trillions of US dollars, it said. While India is less responsible for the high sto

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