Blog/Opinion Piece

Explore my perspectives on climate finance, sustainable investments, and economic policy. Through insightful analysis and thought-provoking discussions, I break down emerging trends, challenges, and opportunities shaping global finance.

  • RBI’s options for tackling climate change-induced inflation

    RBI’s options for tackling climate change-induced inflation

    The opinion piece, first published in The Hindu BusinessLine, examines how climate change is emerging as a significant threat to price stability and financial resilience in India, with the RBI’s April 2024 report highlighting its potential to raise headline inflation by about 100 basis points and decrease long-term economic output by 9% by 2050 without […]

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  • Unlocking sustainable investments: The Reserve Bank of India’s crucial role in energy transition

    Unlocking sustainable investments: The Reserve Bank of India’s crucial role in energy transition

    An abridged version of this article, first published in The Hindu BusinessLine, examines the Reserve Bank of India’s crucial role in enabling India’s energy transition, which requires approximately US$10 trillion in investments to achieve net-zero targets by 2070. Drawing from global central bank experiences, it analyzes RBI’s recent report proposing measures like lowering borrowing costs […]

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  • Boost for Green Bonds

    Boost for Green Bonds

    The article discusses SEBI’s revised regulations for green debt securities, highlighting key improvements that align with global green finance guidelines. The most significant change is the mandatory requirement for independent third-party reviewers/certifiers for both pre- and post-green bond issuance, which exceeds International Capital Market Association (ICMA) recommendations. The guidelines require alignment with international green taxonomies, […]

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  • Indian financial system needs a green taxonomy for resilience to climate risks

    Indian financial system needs a green taxonomy for resilience to climate risks

    The article argues that India needs a green taxonomy to address two major issues in sustainable finance markets: capital not reaching needed assets and greenwashing. With banks holding US$2.5 trillion in assets and insurance companies managing Rs49 trillion (US$636 billion), India’s financial institutions need clear guidelines to assess climate risks and align investments with sustainability […]

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