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Environment › Climate negotiations and finance

Climate finance, carbon markets and carbon pricing

Climate money and the price of carbon: the funds and goals for climate finance, green bonds and what may be counted green, carbon markets, and border taxes on carbon. Prelims has asked about carbon markets under Article 6 of the Paris Agreement and about a bond that funds both environmental and social projects.

UPSC has asked

  • Prelims 2025: Article 6 of the Paris Agreement and carbon markets
  • Prelims 2023: carbon markets as a tool against climate change

Showing 1 of 3 subjects, those that changed from 1 to 15 September 2026.Show all

Green status for nuclear power

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Prelims and Mains

A green label is worth asking for because it lowers the cost of capital, and nothing needs that more than a plant that takes a decade to build and longer to pay back.

  • Private nuclear developers asked the National Institution for Transforming India (NITI Aayog) for green energy status, so that nuclear projects could raise money through green instruments.
  • The World Bank and the Asian Development Bank are reviewing their own limits on nuclear investment, and their rules on what they will not fund are copied by others.
  • The Central Electricity Authority flagged rules still pending under the SHANTI Act, long gestation and scarce manpower.
  • Widening the label raises money for more projects and weakens what the label tells an investor, and those two move against each other.
  • Where an activity does not fit, the usual middle path is to call it low carbon or to fund it as transition finance, under conditions.

What changed

  1. 2 Sep 2026

    The Indian Express, 2 Sep 2026: Private players seek 'green energy' status for N-power to raise funds (opens in a new tab)