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    <title>Keynote Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India at the Policy Seminar on Climate Change Risks and Finance organised by Reserve Bank of India, March 13, 2025, New Delhi</title>
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    <description>Climate related financial risks require both facilitative measures to mobilise green finance and prudential measures to manage impacts on credit, market and operational risk. The Reserve Bank is advancing standardised data via the RB-CRIS repository, finalising disclosure guidelines, developing guidance on climate scenario analysis and stress testing, encouraging green innovation through Regulatory Sandbox initiatives, promoting Green Deposits and priority sector lending for small renewable projects, and urging a shared pool of bankable projects alongside coordinated engagement with other regulators and international initiatives.</description>
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