Group 1 - SBI Ventures aims to raise ₹2,000 crore for its third climate-focused fund to invest in startups, promoting green growth as a financial opportunity [1][2] - The fund will target early and growth-stage climate startups, particularly in frontier climate technologies and AI-enabled innovations [2] - India is positioned as a lab and launchpad for global climate innovation, focusing on areas like cooling technologies, low-carbon materials, and waste management [2] Group 2 - An estimated USD 170 billion is required annually to meet India's climate goals, which is three times the current funding flow [3] - The largest financing deficits are identified in adaptation and resilience sectors, including water security and climate-smart agriculture [3] - A multi-layered climate financing model is necessary, blending equity, concessional capital, and innovative structures like climate resilience bonds [3][4] Group 3 - Climate finance should not rely solely on equity; there is a need to scale blended finance and de-risk innovative technologies [4] - Building institutional capacity across the investment chain is essential for effective climate financing [4]

Core Viewpoint - A climate finance platform co-founded by MUFG, Japan's largest financial group, has successfully raised an initial $600 million to assist developing countries in adapting to climate change impacts [1] Group 1 - The platform aims to provide financial support specifically for countries in developing markets [1] - The funding will be utilized to address the challenges posed by climate change, enhancing resilience and adaptation efforts [1] - MUFG's involvement highlights the increasing role of financial institutions in climate finance initiatives [1]