India RBI Suggests Voluntary Green Finance Targets for Banks.

(Bloomberg) -- India's central bank has suggestedfinancial institutions scale up green lending andvoluntarily set up green finance targets to mitigaterisks arising out of climate change. Banks need to put in place a mechanism at the board levelfor overseeing climate-risk initiatives, the discussionpaper said, adding that targets must be set forinvestment for sustainable finance. [Extracted from the article]