Exploring Climate Finance Initiatives: A Case Study of Indian Banks’ Role in Climate Development

Abstract

This study delves into the realm of climate finance initiatives, focusing particularly on the role of Indian banks in fostering Climate development. With climate change posing significant challenges globally, financial institutions have been increasingly pressured to align their strategies with Climate practices. Through a comprehensive analysis of Indian banks’ approaches to climate finance, this research examines the extent to which these institutions are contributing to mitigating environmental risks and promoting Climate development goals. By employing a mixed-methods approach, including qualitative interviews and quantitative data analysis, the study provides insights into the strategies, challenges, and impacts of climate finance initiatives within the Indian banking sector. The findings underscore the importance of proactive engagement by banks in Climate finance practices to address climate change and support long-term economic and environmental sustainability.