"Climate is now hitting us from various different angles, hitting us in everyday life," Sitharaman said during a panel discussion at a World Bank-organised event on "Making it Personal: How Behavioral Change Can Tackle Climate Change".
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, led the UAE delegation to the Second Finance Ministers and Central Bank Governors (FMCBG) meeting of the Finance Track of the G20 for 2023, which was held on the sidelines of the 2023 Spring Meetings of the World Bank Grou
Union Finance Minister Nirmala Sitharaman on Friday spoke at length on DPI (Digital Public Infrastructure), underlining how India, during the last couple of years, has seen its contribution to targeted quick, efficient and inclusive service delivery through innovative methods.
Finance Minister Nirmala Sitharaman said that there was a greater acceptance among G20 members that any action against the crypto assets need to be global.
Sitharaman, who is on a week-long visit to the US, outlined initiatives to bolster the economic status of women during the IMF/World Bank Spring meetings. She appeared to highlight how the Modi Govt has been working with the idea of women-led development and not just women-centric develop
Speaking at a press briefing in Washington on Thursday, Union Finance Minister Nirmala Sitharaman said that the third pillar will now have to be sustainable goals and other climate-related objectives, climate funding, and so forth.
Describing the Global Financial Architecture as a "very important area", Union Finance Minister Nirmala Sitharaman said that through India's G20 Presidency, several sessions will be taking place to get into the details of how we want to look at the financial architecture itself.
Sitharaman said this on the first day of the second G20 Finance Ministers and Central Bank Governors meeting held in Washington DC, which she co-chaired with Reserve Bank of India's Governor Shaktikanta Das.
Nirmala Sitharaman stated that "despite this year's projected growth rate of over 6 per cent for the Indian economy, we remain concerned about the global economic outlook and geopolitical environment", according to a tweet posted by the ministry of finance on Thursday.
Union Finance Minister Nirmala Sitharaman on Wednesday underlined that in order to address the mounting debt crisis around the world, it is necessary to supplement current global initiatives, especially those of the G20.
Union Finance Minister Nirmala Sitharaman on Wednesday participated in the roundtable on 'Multilateral Development Bank Evolution: Building Shareholder Consensus' hosted by the US Department of Treasury Secretary at World Bank headquarters.
The discussion was focused on the impact of global development challenges like climate change, pandemics, fragility and conflict on development progress, and reforms at the World Bank, according to the Finance ministry.