Shri. M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India delivered a Keynote Address - Heed To Heal - Climate Change Is The Emerging Financial Risk at the CAFRAL Virtual Conference on Green and Sustainable Finance on September 16, 2021.
Climate change is possibly the biggest threat staring at the face of humanity. How we tackle this challenge will be a defining moment of our times. The latest report of the Intergovernmental Panel on Climate Change2 (IPCC) released last month has further highlighted the need for urgent action in addressing climate change. The report is a stark reminder for all nations that unless we start taking remedial actions urgently, the world is in for difficult times.....