Who chaired the ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA)?

Question

Question

This question was previously asked in

SBI PO Mains Memory Based Paper (Held On: 30 Jan 2023 Shift 1)

Answer 1

The correct answer is CK Mishra.

Key Points

C.K. Mishra chaired the ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA).
- He was the former Secretary to Government of India, Ministry of Environment, Forest & Climate Change.
- The committee was constituted in September 2021 to provide recommendations on the development of a sustainable finance ecosystem in the International Financial Services Centre (IFSC) in Gujarat. The committee submitted its report in October 2022.

Additional Information

The report of the committee made a number of recommendations, including:
- The establishment of a Sustainable Finance Framework in the IFSC.
- The development of a Sustainable Finance Index for the IFSC.
- The promotion of sustainable finance products and services in the IFSC.
- The creation of a Sustainable Finance Centre of Excellence in the IFSC.