Economics · Sustainable Finance
Sustainable Development Goal (SDG) 13 focuses on Climate Action. From the perspective of a commercial bank operating in India, which action represents the most direct, core banking, and measurable contribution towards integrating SDG 13 targets into its core corporate financial strategy?
- 1Setting up a digital payment portal to minimize the usage of physical paper receipts in operations.
- 2Providing educational loans at subsidized interest rates to students pursuing environmental humanities.
- 3Formulating a strategic corporate lending policy that targets explicit annual growth in renewable energy project financing and green bonds investment portfolios.✓
- 4Increasing the volume of loans sanctioned for general infrastructure projects like flyovers and roads.
Correct answer
Formulating a strategic corporate lending policy that targets explicit annual growth in renewable energy project financing and green bonds investment portfolios.
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