Resources

Union Climate Finance Report

The report reviews public climate spending by the Union Government of India from FY 18-19 to FY 25-26, focusing on trends in mitigation and adaptation finance. It analyses allocations across key schemes, ministries, and financing channels—highlighting shifting government priorities, evolving roles of Central Sector (CS) and Centrally Sponsored Schemes (CSS), and emerging instruments like Sovereign Green Bonds. By analysing budget data and recent policy initiatives—including the launch of a draft Climate Finance Taxonomy—the report provides actionable recommendations for enhancing transparency, resource mobilisation, and coordination, aiming to support India’s climate goals for 2030 and beyond.

About the authors:

Avani Kapur
Avani Kapur

Avani Kapur is a researcher with public finance expertise exploring how governance systems and state capacity shape India’s welfare architecture

Sharad Pandey Sharad Pandey

Sharad Pandey is a public finance expert with 8+ years of experience in education, health, climate, and state finance, advancing governance and fiscal accountability.