<h1>Deputy Governor highlights $3-5 trillion annual green infrastructure financing gap until 2050 for net-zero goals</h1> A Deputy Governor of the Reserve Bank of India addressed a conference on green infrastructure finance, emphasizing the urgent need to mobilize financing for achieving net-zero emissions. The official highlighted that climate-related extreme weather events cost $2 trillion over 2014-2023, with investment requirements of $3-5 trillion annually until 2050 for green infrastructure. Key challenges include higher perceived risks of emerging green technologies, longer payback periods, information gaps, and lack of technical expertise among financial institutions. The address outlined solutions including blended finance mechanisms, first loss guarantees, improved monitoring and verification systems, and enhanced global cooperation. The official stressed the need for both endogenous enablers (information flow, data bridging, technical expertise) and exogenous enablers (risk capital, concessional funding, public-private partnerships) to catalyze sustainable infrastructure financing and achieve climate goals.