Climate Mitigation Effort To Raise India's Debt?

Published on: September 24, 2024 - India’s fight against climate change could lead to a significant rise in its debt, with Moody’s Ratings warning that the country’s debt-to-GDP ratio could approach a worrying 99% by 2030. Why? If the government alone tries to bridge the annual gap of 3.4% of GDP for climate mitigation and adaptation, it’ll heavily burden the economy