Projects

Our activities in India are part of the Global Project Sustainable Economic Transformation and Sustainable Finance.

India has taken important steps toward advancing sustainable finance, driven by its significant exposure to climate-related risks and substantial financing needs associated with its 2070 net-zero target. While India does not have a comprehensive national sustainable finance strategy, several important policy foundations are already in place. These include participation in international initiatives such as the Network for Greening the Financial System (NGFS) and the International Platform on Sustainable Finance (IPSF).

In parallel, India has made notable progress on sustainability disclosure. The Securities and Exchange Board of India (SEBI) introduced the Business Responsibility and Sustainability Reporting (BRSR) framework, which requires large listed companies to disclose material ESG risks, opportunities, targets and performance.

More broadly, sustainable finance considerations are still being progressively integrated into corporate governance and financial regulation, including prudential frameworks, fiduciary duties and investment practices.

Demand-driven sustainability advisory for financial institutions

• Provision of expert advisory on implementing new sustainability aspects, customized to align with the financial institution’s strategy, including the development of internal taxonomies for sustainable activities, the integration of climate risk considerations in credit operations and the development of a carbon impact assessment tool.

Building capacities for sustainable finance

• PRB Academy trainings on sustainable finance for Indian financial institutions in collaboration with the Indian Institute of Banking & Finance
• Capacity-building for selected financial institutions to integrate sustainability into their operations, including E&S risk management and financed emissions