At COP17, India Seeks Long-Term Finance for Land Restoration
What Happened
At COP17, India urged the global community to provide predictable and sustained finance for land restoration and drought resilience. The country also highlighted its own green financing initiatives as scalable solutions for environmental recovery.
Key Takeaways
India is positioning itself as a leader in climate and land-restoration financing while pressing developed nations to provide reliable funding for environmental resilience in vulnerable countries. India also showcased its Green Credit Programme, Sovereign Green Bonds and blended green-finance framework as models for mobilising capital.