The World Bank provided technical assistance to the Government of India to establish its sovereign green bond program and mobilize private capital to fund its ambitious plans for sustainable and resilient growth. As a large, populous, developing economy, India faces enormous challenges in dealing with the consequences of climate change while promoting economic growth in a low-carbon pathway. The country is the seventh most impacted by weather-related loss events.1 In its updated Nationally Determined Contribution (NDC) under the Paris Agreement, the Government of India stated the intention to reach net-zero emissions in 2070, reduce the emission intensity of its economy by 45 percent by 2030 over 2005 levels, achieve 50 percent cumulative electric power installed capacity, and create additional carbon sink of 2.5 to 3 billion tons of CO2 equivalent through additional forest and tree cover by 2030, among others. […]