Climate-related and environmental (C&E) financial risks might thus not seem the most obvious topic for a keynote speech at this moment. However, exactly one week ago the Intergovernmental Panel on Climate Change (IPCC) published its Synthesis Report, according to which temperatures have already risen to 1.1 degrees Celsius above pre-industrial levels.
Implementation in India The policy approach to financial sector in India is that the ultimate goal should be to conform to the best international standards and in the process, the emphasis is on gradual harmonisation with the international best practices.