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100 _aMayaram, Arvind
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245 0 _aFinancing Green Economies
260 _bEconomic and Political Weekly
260 _c2024
300 _a55-62
520 _aIn 2022, the Intergovernmental Panel on Climate Change called for urgent action to limit global warming to 1.5°C above pre-industrial levels, requiring a 43% reduction in greenhouse gas emissions by 2030. India, committed to this target, faces a significant financing challenge, needing 5%–6% of annual gross domestic product by 2070 for climate goals. As public debt is unsustainably high globally, the headroom for borrowing by the governments has shrunk. Private capital can only meet green financing needs marginally. Infrastructure Investment Trusts are a promising solution, offering public–private finance circularity
650 _a Green Economies
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650 _a Green Financing
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650 _a Greenhouse Gas Emissions
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650 _a Intergovernmental Panel
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650 _aClimate Change
856 _uhttps://www.epw.in/system/files/pdf/2024_59/42/salix42191024arvind-mayaram.pdf
999 _c134627
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