<h1>Central Banks Urged to Tackle Climate Change; RBI Highlights India's Renewable Goals and Green Finance Initiatives.</h1> The Deputy Governor of the Reserve Bank of India addressed the Federal Reserve Bank of New York's Central Banking Seminar, emphasizing the urgent need for central banks to engage in climate change mitigation. He highlighted the stark reality of climate change, detailing its historical context and current anthropogenic causes. The address noted the rapid pace of climate change, its global impact, and the economic costs associated with extreme weather events. India, facing significant climate challenges, is pursuing renewable energy targets and aims for net zero emissions by 2070. The RBI is actively participating in green finance initiatives to support sustainable development.