Domestic Climate Finance Taxonomy Crucial for India's Net-Zero Goals

India requires an estimated 2.5 trillion dollars by 2030 to achieve its climate targets, necessitating a robust domestic climate finance taxonomy. Clear legal definitions of green activities are essential to prevent greenwashing, verify green bonds, and encourage priority sector lending. Experts recommend that the Reserve Bank of India mandate climate stress testing and establish a state-level facility to mobilize capital for critical ecosystem adaptation.