Sovereign ratings and #climate risk feed each other: vulnerability weakens credit standing, costlier borrowing constrains the investment needed to reduce it, and the resulting damage pulls ratings down further: @manini_garg https://t.co/RqNSArzKvM #SovereignRatings #ClimateFinance
#India’s smaller steel producers face financial and technical barriers to decarbonisation. The brief examines how downstream Carbon Border Adjustment Mechanism’s (#CBAM) could raise compliance costs and limit their access to #EU-linked supply chains: @manini_garg https://t.co/ye8bVxK3te #Decarbonisation