Climate change risks impacting financial system, need India-specific data: RBI’s Rajeshwar Rao

IANS | December 28, 2024 2:15 PM

New Delhi, Dec 28 (IANS) Climate change risks have started to impact the financial system and it is essential to build capabilities to ensure correct assessment of these risks and put in place suitable adaptation and mitigation measures, the Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has said, stressing the need for India-specific data that can be based on globally accepted range of scenarios.