Policy Brief
Accelerating the Growth of Green Bonds in India
08 Feb 2024
| Dr Manish Kumar Shrivastava
| Uday Veer Singh
India's enormous financial requirements to address climate change and ensure just transitioning for its economy cannot be met by the lone public sector and would require catalyzing private finance and institutional investment into climate initiatives. Green bonds offer an emerging financial instrument that holds the potential to attract private investors into climate action. However, unlike the exponential growth of green bonds in the global market, they still occupy only a scanty share of the Indian bonds market.
Advancing Environmental and Climate Goals Through a Multidimensional Model of Green Budgeting
04 Dec 2023
| Dr Shailly Kedia
| Palak Khanna
| Madhuparna Maiti
While environmental regulation is the principal responsibility of environmental ministries, their locus standi in terms of implementation is limited as much of the implementation lies with other line ministries/departments and public agencies. Hence, it is essential that ‘environment’ is mainstreamed across ministries, departments, and sectors.
Internationalizing Lifestyles For Sustainable Development
02 Dec 2023
| Dr Shailly Kedia
| Shivangi Raj
| Madhuparna Maiti
| Palak Khanna
Mainstream frameworks on sustainable consumption and production fail to holistically capture downstream segments of resource consumption and production systems, especially regarding lifestyle choices, including its links to upstream and midstream components.
Discussion paper on Operationalization of the Loss and Damage Fund: Challenges and Opportunities
29 Nov 2023
| Mr R R Rashmi
| Ms Suruchi Bhadwal
| Dr Manish Kumar Shrivastava
| Amlan Mishra
At the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC), the participating states agreed on the broad modalities for the establishment of a historic Loss and Damage Fund. Furthermore, COP27 set up a transnational committee to “make recommendations for consideration and adoption by COP28” for the loss and damage fund, making the particulars and modalities of the fund a key topic for COP28 in December 2023.
Just Energy Transition Partnerships, Climate Action, and Minilateralism
24 Nov 2023
| Dr Shailly Kedia
| Heena Makhija
| Shivangi Raj
Transitioning towards clean energy and renewable sources is a significant measure to restrict Greenhouse Gas emissions and meet the climate goals set out in the Paris Agreement. Upcoming minilateral mechanisms, especially partnerships such as JETPs, despite setting ambitious targets have little to offer on recognizing the specific needs of the Global South to support sustainable energy transitions.
Road to Dubai and the Global Goal on Adaptation
24 Nov 2023
| Dr Shailly Kedia
| Ishita Srivastava
IPCC's definition of adaptation emphasizes on human and natural systems rather than countries. A paradigm shift is needed in the climate regime regarding adaptation including not viewing vulnerability as only a country – centric approach. Instead, identifying vulnerability hotspots supplemented by formulating people-centric and nature-centric approaches in climate negotiations is need of the hour.
Oceans-Climate Interface: Implications For Global Commons Based Climate Action
03 Jan 2023
| Ms Ashwini Pai Panandiker
| Dr Fraddry D Souza
| Mr Aniruddh Soni
| Dr Shailly Kedia
| Ms Nivedita Cholayil
| Kaustav Sonowal
| Palak Khanna
| Shreyas Joshi
The High Seas or the Areas Beyond National Jurisdiction (ABNJ), are a global common, which covers about two-thirds of the ocean surface and more than 90% of its volume and contains rich biodiversity of marine life. Oceans are the largest known carbon sink in the world.
Internationalizing Lifestyles For Environment: Messages For G20
03 Jan 2023
| Dr Shailly Kedia
| Dr Manish Anand
| Ms Nivedita Cholayil
| Shweta Gautam
| Saheli Das
| Ishan Khetan
Sustainable consumption and lifestyles must be seen from the perspective of resource value chains that include resource extraction, manufacturing, processing, use by consumer, and disposal. Mainstream frameworks on sustainable consumption and production focus more on upstream and mid-stream components, such as resource efficiency and circular economy.
Road to Sharm El-Sheikh: Towards Equity and Climate Justice
07 Nov 2022
| Dr Shailly Kedia
| Ms Nivedita Cholayil
| Ms Anuradha Mathur
| Soham Banerjee
| Shubhi Goel
| Saheli Das
Egypt will host the 27th Conference of the Parties of the UNFCCC (COP27) in Sharm El-Sheikh from 6th -18th November 2022. The COP27 Presidency lays out the vision for inclusive, rules-based, ambitious, substantive outcomes, commensurate with the challenges based on science and guided by principles building on agreements, decisions, pledges, and commitments from Rio 1992 to Glasgow 2021.
Joint Crediting Mechanism and Article 6 of the Paris Agreement: Strengthening Japan-India Technology Collaboration
01 Jul 2022
| Dorothy Ashmita Biswas, Soham Banerjee, Kentaro Tamura, Nanda Kumar Janardhanan, Temuulen Murun
Under the ambit of Article 6 of the Paris Agreement, this issue brief explores the potential of a Japan –India partnership and examines the opportunities for shaping mutual ties through the Joint Crediting Mechanism.