March 21, 2023 8:44 PM

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G20 Sustainable Finance Working Group holds roundtable discussions in Udaipur on net zero carbon development

<span style="color: #222222;">The second G20 sustainable finance working group meet kick started off on Tuesday at Udaipur in Rajasthan with a workshop on non-pricing policy levers to support sustainable development.<br />''<br />''Round table discussions were held on the need to do much more to achieve net zero carbon development. The session was focused on understanding the effectiveness of non.pricing policy levers in enabling low carbon development.<br />''<br />''It was mentioned that non-price-based policy levers (NPPLs) have performed better than expectations and are cost-effective in this regard.  financial sector's green finance evaluation and the need for the development of an ecosystem for green finance was also discussed. Visionary leadership by finance ministers  across countries on integrating climate into their core functions and capabilities was highlighted.</span>

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