Knowledge Hub
Knowledge Hub
Overview
Every $1 invested in climate adaptation yields $10 in economic benefits, Strengthening spending on resilience is therefore not only urgent but amongst the smart investment options available today. However, according to the IPCC, more than 90 per cent of global climate finance has gone towards mitigation. Less than 10 per cent has reached adaptation in the places most exposed to harm. Addressing this gap requires robust knowledge to guide how and where the capital is deployed.
MITRA is developing a series of knowledge products with its knowledge partners, and the Knowledge Hub brings these together on a single platform. Designed to be interactive and user-centric, the Hub brings together policy frameworks, financial strategies and analytical tools in one place, turning complex climate information into accessible, actionable insights. For Maharashtra, this means working together towards a common goal: a climate-resilient, Viksit Maharashtra.
Maharashtra State Climate Finance Framework (MSCFF)
Towards a Viksit, Climate-Resilient Maharashtra
Viksit Maharashtra 2047 and the Maharashtra State Action Plan on Climate Change: Pathways for 2030 (MH SAPCC) set a clear direction towards climate-resilient, low-carbon development. The MH SAPCC estimates a total climate investment requirement of INR 2,97,558 crore up to 2030 (approximately 79 per cent for adaptation, 21 per cent for mitigation), and recognises that public resources alone are unlikely to meet this scale of investment.
The Maharashtra State Climate Finance Framework (MSCFF) responds with a state-level climate finance taxonomy: a structured, science-based tool to identify, classify and screen climate-aligned interventions across mitigation, adaptation and cross-cutting action. The framework is developed by MITRA and the Council on Energy, Environment and Water (CEEW).
Key Highlights
- Risk is systemic. 34 of 36 districts are exposed to extreme climate events, and 25 per cent show a swing between flood and drought exposure.
- Adaptation leads the budget. Nearly 80 per cent of the proposed climate budget under MH SAPCC is for adaptation, the area that draws the least private capital. The Framework gives it a dedicated screening pathway.
- Built for the full investment cycle. Upstream, it supports planning, pipeline development and climate-responsive budgeting. Downstream, it supports budget tagging, expenditure tracking, monitoring and disclosure.
- Four screening criteria. Substantial contribution, intentionality and additionality, do no significant harm, and equity and inclusion.
- Aligned nationally and globally. It is interoperable with India’s Draft Climate Finance Taxonomy and international standards.
- Strengthening Dissemination and capacity-building. To help departments, cities and financial institutions adopt the framework.
The Maharashtra State Action Plan on Climate Change: Pathways for 2030 (MH SAPCC) identifies a climate budget of about ₹3 lakh crore for 2024–2030. Today, climate finance depends largely on public budgets and concessional sources, and climate-relevant spending sits within departmental budgets without a consistent way to track it. Adaptation, which accounts for most of the climate budget, remains underfinanced.
The Climate Finance Access and Mobilisation Strategy (CFAMS) responds with a systematic plan to identify, secure and allocate finance for climate action from public and private, domestic and international sources. The strategy is developed by MITRA and WRI India.
Key Highlights
- A ₹3 lakh crore requirement. The MH SAPCC climate budget for 2024–2030 is about 11 per cent of the State’s estimated nominal GDP for FY2024–25.
- Four pillars of action. Policy and governance, including annual climate budget tagging; public finance used to attract private investment; capacity for bankable projects; and localisation through district and city climate plans.
- Seven sector strategies. Water, agriculture, land restoration and biodiversity, cities, disaster risk and coastal management, transport, and energy and industrial decarbonisation.
- Wider financial instruments. Blended finance, guarantees, green bonds, sustainability-linked and outcome-based finance, and carbon markets.
- A central Facilitation Desk. The Strategy proposes a Climate Finance Facilitation Desk within the State Climate Action Cell to plan, access and manage climate finance, including carbon markets.
Climate Finance Dashboard
As State’s climate finance needs grow and evolve, greater coordination and visibility are essential. To bridge this gap, development has begun on the Maharashtra Climate Finance Dashboard, an online platform to map the State’s climate finance landscape. The Dashboard developed by MITRA and WRI India will:
- Track climate-oriented expenditure across State departments
- Provide a district-level view of adaptation, mitigation and cross-cutting investments
- Highlight climate projects seeking additional finance, opening pathways for private investment
It will support a more transparent, data-driven approach to climate finance, advancing Maharashtra’s climate commitments and the long-term vision of Viksit Maharashtra.
PARIVARTAN: Every Taluka, Climate Ready
MITRA and the Council on Energy, Environment and Water (CEEW) present a taluka-level profile of extreme weather events for every district of Maharashtra. Combining historical observations with future projections, the book presents localised hazard classification. The analysis from the hazard profile identifies impacts on each district’s key economic sectors, such as agriculture, industry, tourism, healthcare, and transportation. Based on the identified impact drivers, the study provides contextualised, tailored recommendations aligned with the goal of Viksit Maharashtra 2047 and the State Action Plan on Climate Change.
Key Highlights
- Granular hazard mapping for hyperlocal planning. Tehsil-level analysis of hot days, warm nights, heat index, heavy rainfall days, and hyperlocal indicators such as land surface temperature and flood susceptibility, providing stakeholders with high-resolution evidence to prioritise hyperlocal climate adaptation and infrastructure investments across Maharashtra.
- Findings suggest that trends of extreme events are projected to increase significantly. Across the tehsils, the number of heavy rainfall days, hot days and warm nights are projected to increase in the near future and long-term future timelines (2030-2070).
- Insights to plan adaptation strategies for vital sectors at risk. Across districts, extreme heat, heavy rainfall and landslides directly imperil key economic drivers: agriculture, industry, tourism, healthcare and transport, underscoring the need for resilient infrastructure planning.
- Contextualised and tailored adaptation strategies can help reduce the impact on the key sectors. Recommendations are tailored to each district’s dominant risks and mapped to Viksit Maharashtra 2047 and the Maharashtra State Action Plan on Climate Change through a combination of measures that aim to enhance the resilience of the sectors.
| S.N. | Title of Document | Download |
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| 1 | Maharashtra State Climate Finance Framework (MSCFF) |  Download |
| 2 | Maharashtra Climate Finance Access and Mobilization Strategy | Download |
| 3 | PARIVARTAN: Every Taluka, Climate Ready. Maharashtra’s Climate Data Guide for Local Interventions | Download |
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