Overview

• The government published the Draft Framework of the Climate Finance Taxonomy to classify and guide funding for adaptation and mitigation activities
• India is finalizing its first National Adaptation Plan to bolster adaptive capacity and reduce exposure to climate risks before its UNFCCC submission
• Extended Producer Responsibility guidelines now cover tyres, batteries, plastics and e-waste to drive recycling and sustainable consumption
• The recycling sector attracted ₹10,000 crore in investments between 2022 and 2024 as India’s circular economy is forecast to reach $2 trillion by 2050 with roughly 10 million jobs
• Union Environment Minister Bhupender Yadav affirmed that securing citizens’ rights to clean energy underpins India’s evolving climate policy architecture