Third G20 Sustainable Finance Working Group meeting to begin today at Mahabalipuram near Chennai

Chennai: The third G 20 sustainable finance working group meeting under India's presidency will be held in Mahabalipuram near Chennai from today to 21st of this month.

The working group will focus on mechanisms for mobilisation of timely and adequate resources for climate finance, Enabling finance for the sustainable development goals and capacity building of the ecosystem for financing towards sustainable development.

The G



20 countries will also discuss financial instruments for social impact investment and nature-related data and reporting to address the gaps between data analysts and decision makers to make informed investment decisions taking into account environmental impacts. India is developing a set of voluntary recommendations as part of its deliverables for 2023 to address the challenges and benefit the entire sustainable finance ecosystem.