Davinder Sandhu, Co-founder & Chairman, Primus Partners highlights that India's green taxonomy is crucial for guiding investments into sustainable projects that support climate goals. It should align with global standards like TCFD and IPSF to ensure transparency and avoid greenwashing. The taxonomy must balance clarity and flexibility, considering India’s unique needs such as poverty reduction and clean energy access. It will help financial institutions evaluate environmental impacts and offer green financing products, attracting both local and international investments. Challenges include India's reliance on fossil fuels and informal sectors, but a phased approach starting with renewable energy and waste management could help address these issues. Read Now!
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