International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services, and financial institutions in the International Financial Services Centres (IFSCs) in India.Now, the IFSCA, in its endeavour to develop the required eco-system, has constituted an Expert Committee to recommend an approach towards development of a Sustainable Finance Hub and provide a road map for the same.”The expert committee will be chaired by a former secretary to the Government of India, Ministry of Environment, Forest & Climate Change, C.K. Mishra said.The committee consists of leaders across the sustainable finance spectrum, including international agencies, standard setting bodies, funds, academia, and consultancies, a release from the IFSCA said.India has committed ambitious climate action, which is evident in its commitment towards its intended Nationally Determined Contributions under Paris Agreement 2015.
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