Udaipur hosts G20's Sustainable Finance Working Group meeting

A workshop on Non-Pricing Policy Levers to Support Sustainable Investment was organised on day one of a three-day meeting of the G20s Sustainable Finance Working Group here on Tuesday. It mentioned that non-price-based policy levers have performed better than expectation and are cost-effective.The need to develop an ecosystem for green finance was also underscored.

A workshop on 'Non-Pricing Policy Levers to Support Sustainable Investment' was organised on day one of a three-day meeting of the G20's Sustainable Finance Working Group here on Tuesday. This is the group's second meeting under India's presidency of the G20. A review of specific measures and experiences underlining the need for capacity building on regulatory measures in developing countries was presented at the meeting, according to a release. It mentioned that non-price-based policy levers have performed better than expectation and are cost-effective.

The need to develop an ecosystem for green finance was also underscored. The role of financial disclosures requirement and financial strengthening was indicated, the release stated.