Climate Finance Mechanism

Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions.

Issues

  • The climate finance landscape in India is highly heterogeneous, fragmented and dispersed. There are a large number of sources providing climate finance and there is no main agency directing/ streamlining the funds towards national climate goals.
  • The problems thrown up by the absence of a central coordinating unit is compounded by lack of a coherent domestic climate strategy.
  • There are several actors involved and each of these actors are providing India some portion of ....

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