<h1>India's UNEP Report Highlights Green Finance's Role in Sustainable Development; RBI and SEBI Support Eco-Friendly Initiatives.</h1> The UNEP India Inquiry Report, released in 2016, emphasizes the growing importance of green finance in aligning financial systems with sustainable development goals. India has historically integrated sustainability into business practices, but globalization has increased environmental challenges. The Companies Act mandates CSR contributions, and the government has launched funds to promote cleaner production. India has introduced a carbon tax and plans to expand renewable energy capacity. The Reserve Bank of India (RBI) supports green financing through priority sector lending and liberalized borrowing norms. The Securities and Exchange Board of India (SEBI) has established guidelines for green bonds, promoting sustainable financial practices.