<h1>IFSCA Invites Public Feedback on Draft Framework for Sustainable Lending in IFSCs; Aims for 10% Green Loan Assets by 2023.</h1> The International Financial Services Centres Authority (IFSCA) seeks public comments on its draft guidance framework for sustainable and sustainability-linked lending by financial institutions in India's IFSCs. This initiative aims to align with global climate goals and enhance transparency in sustainable finance, addressing concerns like greenwashing. The framework encourages IFSC Banking Units and Finance Companies to develop board-approved policies on sustainable lending, with a requirement that at least 10% of loan assets target green or sustainable sectors by 2023. The draft includes guidelines for borrower assessment, project evaluation, and reporting, and is open for public feedback until March 22, 2022.