NABARD unveils Climate Strategy 2030 to mobilise green financing

• National Bank for Agriculture and Rural Development (NABARD) on the occasion of Earth Day unveiled its Climate Strategy 2030 document which aims to address India’s need for green financing.
• NABARD’s Climate Strategy 2030 is structured around four key pillars which include:-
• Accelerating green lending across sectors
• Playing a broader market-making role
• Internal green transformation
• Strategic resource mobilisation
• According to NABARD, India requires approximately $170 billion annually to reach a cumulative total of over $2.5 trillion by 2030, the current green finance inflows are critically insufficient.

LEADING REAL ESTATE DEVELOPERS: –

• DLF the only Indian real estate company featured in the Dow Jones Sustainability Index for the past three years, it exemplified commitment to environmental, social, and governance excellence.
• Remsons Industries Ltd., an auto ancillary manufacturer had received Gold Medal in the Ecovadis Sustainability Assessment. This medal recognises Remsons Industries as one of the top 5% of all evaluated companies globally, reaffirming its commitment to environmental, social, and governance (ESG) excellence.