
India Holds Just 1% of the Global Green Finance Market. Fragmented Rules and Missing Incentives Are Holding It Back
India accounts for only about 1% of the global green finance market, compared with roughly 45% for the European Union, according to an analysis by lawyer Rajesh Narain Gupta. The absence of a statutory green taxonomy, a ban on differential rates for green deposits and costly disclosure rules are slowing the flow of capital to climate projects.















