Climate change has far-reaching impacts that are not limited to a particular sector or geography; it impacts the entire financial system. If left unchecked, this impact will be severe. The financial system plays a crucial role in every country’s transition to a sustainable economy—especially in unlocking private investments needed to bridge the gap between supply and demand in green activities. India is one of the most vulnerable countries to the impacts of climate change. India has pledged to reduce the carbon intensity of its economy by 33-35%—as compared to 2005 levels—by 2030, and to be carbon neutral by 2070. To achieve this, it is estimated that the country will require ~INR 162.5 trillion (USD 2.5 trillion) from 2015 to 2030, or roughly INR 11 trillion (USD 170 billion) per annum for climate action.