Two thousand villages uprooted, 43 lives lost, and thousands of people displaced in Punjab in recent floods is not an anomaly, but a recurrent catastrophe. Recent years have been marked by a cascade of climate hazards, revealing a nationwide pattern of escalating climate risks and mounting damages. The statistics reveal a glaring reality: human proclivitiesContinue reading “Sub-National Disaster Finance: Missed Opportunities and Challenges”
Category Archives: Climate Finance
Legacy Mechanisms, New Expectations: A Perspective on the Baku to Belem Roadmap to 1.3T
The recently released report “Report on the Baku to Belem Roadmap to 1.3T” (henceforth referred to as the Roadmap), prepared as part of the COP29 and COP30 Presidencies, is framed as an action-oriented consolidation of existing initiatives and potential leverage points within the international climate finance system. The report realistically acknowledges the tension between itsContinue reading “Legacy Mechanisms, New Expectations: A Perspective on the Baku to Belem Roadmap to 1.3T”
Scaling and Financing Nature-Based Solutions to Reap “Multi-Benefits” in Urban Systems
India stands at the crossroads of rapid urbanisation and an escalating climate crisis, where Nature-based Solutions (NbS) can emerge as a powerful ally. This mechanism offers an elegant and economical path to enhanced sustainability, resilience, and overall livability, which cities worldwide are now discovering. As defined by the International Union for Conservation of Nature (IUCN),Continue reading “Scaling and Financing Nature-Based Solutions to Reap “Multi-Benefits” in Urban Systems”
From Backbone to Breaking Point: SMEs in the Crossfire of Green Trade
In the narrow lanes of India’s industrial clusters, whether it is Ludhiana’s foundries, Surat’s textile mills, or Pune’s automotive industries, a silent struggle is unfolding. As the global economy increasingly swivels towards clean manufacturing, the ripple effects are hitting India’s small and medium enterprises (SMEs) hardcore. Under the National Steel Policy 2017, India aims toContinue reading “From Backbone to Breaking Point: SMEs in the Crossfire of Green Trade”
The Reckoning of Climate Change: A Step Towards a Comprehensive Economic Assessment
Human civilisation has made significant progress, but not without environmental costs. The pursuit of rapid economic growth has presented nations with a long-overdue cheque, and the figures are mind-boggling. According to the Adaptation Gap Report published by UNEP in 2023, the global adaptation finance gap as of present stands at USD 194–366 billion per year,Continue reading “The Reckoning of Climate Change: A Step Towards a Comprehensive Economic Assessment”