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    <title>Closing Remarks by Shri Shaktikanta Das, Governor, RBI at the Seminar on Global Economy: Challenges, Opportunities and Way Forward organised by the Ministry of Finance, Government of India and the Reserve Bank of India, August 11, 2023, Mumbai</title>
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    <description>Financing global public goods requires public private engagement with public trigger financing and risk sharing to mobilise private and international capital; Digital Public Infrastructure like UPI can scale cross border public goods. Debt vulnerabilities demand realistic Debt Sustainability Analysis based on comprehensive debt data or interim proxies, a targeted multilateral debt relief programme using instruments like debt for development swaps and green debt relief, and stronger IMF capacity and governance to provide timely, non stigmatised support. Green transition financing needs globally comparable disclosure, clear taxonomy, improved green ratings, and regulatory reinforcement to increase flows to emerging markets.</description>
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