As India prepares to host the G20 Summit in New Delhi on September 9-10, its dedication to promoting global harmony and green financing shines out.
The country has prioritised global multistakeholder collaboration as a tool to address common concerns such as climate catastrophe, and it exemplifies the road of global harmony and green financing.
When New Delhi rolls out the red carpet for world leaders, it would be interesting to observe how the topic of green finance and its applications is addressed during the summit.
The Sustainable Finance Working Group (SFWG) has been established to mobilise sustainable finance as a means of guaranteeing global development and stability, as well as fostering transitions to greener, more resilient, and inclusive communities and economies.
The Group is tasked with identifying institutional and market impediments to sustainable finance in order to propose solutions that will help to a greater alignment of the international financial system with the goals of the 2030 Agenda and the Paris Agreement.