Planning for Net Zero: Best Practices for Indian Banks and NBFCs

The document argues that Indian banks and NBFCs are in the early stages of climate action and face structural barriers. It proposes the use of integrated transition planning, drawing on 10 lessons from global banking experiences, to bridge the climate finance gap and maintain financial stability.

• Indian banks and Non-Banking Financial Companies (NBFCs) are currently in the early stages of climate action and encounter structural bottlenecks, despite regulatory initiatives designed to encourage the sector.
• Integrated transition planning approaches are recommended for Indian financial institutions to overcome barriers and satisfy the expectations of stakeholders and regulators.

APA

RMI (2024). Planning for Net Zero: Best Practices for Indian Banks and NBFCs. https://rmi.org/resources/planning-for-net-zero-best-practices-for-indian-banks-nbfcs/

Chicago

RMI. Planning for Net Zero: Best Practices for Indian Banks and NBFCs. 2024. https://rmi.org/resources/planning-for-net-zero-best-practices-for-indian-banks-nbfcs/.

Wikipedia

{{cite report |author=RMI |title=Planning for Net Zero: Best Practices for Indian Banks and NBFCs |date=31 October 2024 |url=https://rmi.org/resources/planning-for-net-zero-best-practices-for-indian-banks-nbfcs/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2024planning, author = {{RMI}}, title = {{Planning for Net Zero: Best Practices for Indian Banks and NBFCs}}, institution = {RMI}, year = {2024}, month = oct, url = {https://rmi.org/resources/planning-for-net-zero-best-practices-for-indian-banks-nbfcs/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }