By: Climate Catalyst Steel decarbonisation requires more than just technological solutions – it needs innovative financing mechanisms to help guide this transition. India’s iron and steel sector is at a crucial crossroads. While it drives economic growth and supports infrastructure development, it also contributes significantly to the nation’s carbon footprint. How can the sector hashtag#finance […]
By: Fintelligents In this episode of the “Finance Insider Podcast,” I share my journey from the real estate sector to climate finance. I delve into the significance of sustainable finance and its social impact, discussing the challenges and opportunities I encountered along the way. I offer advice for those aspiring to enter this field, including […]
Chapter: India’s E-bus Adoption has a Financing Bottleneck The chapter analyzes India’s National Electric Bus Program (NEBP), launched in 2022 with a $10 billion investment goal to deploy 50,000 electric buses, highlighting the slow progress with only 1.25% of buses being electric between 2015-2023. It identifies key challenges in the current implementation approach, particularly the […]
By: IEEFA Energy Finance Conference, 2025 Institute for Energy Economics and Financial Analysis (IEEFA) had a three-day IEEFA Energy Finance Conference at Kuala Lumpur last week bringing experts from around the world to focus on effective solutions in Asian energy markets. I moderated the panel discussion on credit and forex risks with Lasitha Perera, Akhilesh […]
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 […]
This dissertation empirically examines two novel research issues: firm-level carbon risk management and corporate bond short selling. The first essay (Chapter 2) develops a firm-level carbon risk management score (CRMS) to evaluate corporate practices around carbon risk mitigation. The indicators for CRMS are extracted from a wider set of environmental risk management indicators and capture […]
Chapter: Decarbonisation Goals: Benchmarking NTPC and Tata Power with Enel and Recommending a Sustainability-Linked Finance Framework The case-study analyzes the decarbonization strategies of India’s major power companies, NTPC and Tata Power, in the context of India’s 2070 net-zero emissions target, which requires an estimated US$10.1 trillion investment (with US$8.4 trillion needed for the energy sector […]
The paper, admitted as an official input paper for the G20 Sustainable Finance Working Group during the Brazilian Presidency, examines how to enhance developing countries’ access to multilateral climate funds (MCFs). It analyzes the current global public climate finance architecture, noting that while public climate finance nearly doubled from 2013-2021 to US$73.1 billion, accessing these […]
The report examines Australia’s need for massive private investment to achieve its net-zero emissions target by 2050, requiring an estimated AUD1.5 trillion by 2030 and potentially AUD7-9 trillion by 2060. It analyzes the Clean Energy Finance Corporation (CEFC), Australia’s green bank with a AUD30.5 billion capital base, which achieved an impressive private capital mobilization rate […]
Chapter: The Central Bank’s Role in Energy Transition The chapter discusses the evolving role of central banks, particularly the Reserve Bank of India (RBI), in addressing climate change risks and supporting energy transition. It explains how central banks are developing frameworks to manage three types of climate risks: transition, physical, and liability risks, with 127 […]