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What is the primary purpose of developing a Climate Finance Taxonomy as announced by Finance Minister Sitharaman?a)To reduce the risks of greenwashing in financial investmentsb)To promote traditional energy investments over sustainable projectsc)To limit the availability of capital for climate adaptation and mitigationd)To encourage investment in high-risk venturesCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the primary purpose of developing a Climate Finance Taxonomy as announced by Finance Minister Sitharaman?a)To reduce the risks of greenwashing in financial investmentsb)To promote traditional energy investments over sustainable projectsc)To limit the availability of capital for climate adaptation and mitigationd)To encourage investment in high-risk venturesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of developing a Climate Finance Taxonomy as announced by Finance Minister Sitharaman?a)To reduce the risks of greenwashing in financial investmentsb)To promote traditional energy investments over sustainable projectsc)To limit the availability of capital for climate adaptation and mitigationd)To encourage investment in high-risk venturesCorrect answer is option 'A'. Can you explain this answer?.

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