Financing Instruments for Addressing Climate Change and Pollution: Lessons Learned from Maharashtra

Koyel Mandal, Rajesh Rangarajan


The State of Maharashtra has been a pioneer in implementing fiscal instruments to address air pollution and climate change related issues. In the process, the State has also generated significant revenues that were supposed to be utilized towards vehicular pollution management, and promotion of renewable energy and energy efficiency measures. This policy brief analyses three such fiscal instruments with the objective of strengthening the design and implementation of such measures.


Policy Note

Thematic Area

Institutions and Society