Question

    The Economic Survey 2023-24 mentions the need for innovative financing mechanisms. Which of the following is a proposed solution to boost clean energy investments in emerging economies?

    A Increase in carbon taxes Correct Answer Incorrect Answer
    B Triple global renewable energy capacity Correct Answer Incorrect Answer
    C Innovative large-scale financing mechanisms Correct Answer Incorrect Answer
    D Reduction in energy efficiency standards Correct Answer Incorrect Answer
    E Subsidization of fossil fuels Correct Answer Incorrect Answer

    Solution

    The survey emphasizes the need for innovative financing mechanisms to triple clean energy investments in emerging economies, addressing the financial gap in transitioning to green energy .

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