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Addressing climate change is good business × Strengthening private sector engagement is crucial for a transformational shift towards climate actions both in mitigation and adaptation. Budget 2021 offers opportunities for the same Climate change is one of the most formidable challenges globally. The year 2020 has been one of the warmest years on record and over 50 million have been affected directly due to climate extremes in the form of floods, wildfires, droughts, precipitation anomalies, etc., as per the UNEP Adaptation Gap Report 2020. Although the Paris climate agreement has set the broad blueprint and guidelines to tackle climate change, much is left to the countries to implement the agenda domestically.

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