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RBI Announcements

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List of Abbreviations

ACC Automotive Cell Company
ACES Automated, Connected, Electric and Shared
ACPR Autorité de contrôle prudentiel et de resolution [French Prudential Supervision and Resolution Authority]
AEs Advanced Economies
AI Artificial Intelligence
APS Announced Policies Scenario
ASI Annual Survey of Industries
AUM Assets Under Management
BAU Business As Usual
BB Bank of Bangladesh
BC Benefit-Cost
BCAs Border Carbon Adjustments
BCBS Basel Committee on Banking Supervision
BEE Bureau of Energy Efficiency
BF/BOF Basic Oxygen Furnace
BIS Bureau of Indian Standards
BIS Bank for International Settlements
BoE Bank of England
BoJ Bank of Japan
BRICS Brazil, Russia, India, China, South Africa
BRRs Business Responsibility Reports
BRSR Business Responsibility and Sustainability Report
BSE Bombay Stock Exchange
CAGR Compound Annual Growth Rate
CAMPA Compensatory Afforestation Fund Management and Planning Authority
CAPEX Capital Expenditure
CAT Climate Action Tracker
CaT Cap-and-Trade
CBA Cost-Benefit Analysis
CBAM Carbon Border Adjustment Mechanism
CBDC Central Bank Digital Currency
CBG Compressed Biogas
CBT Carbon Border Tax
CCA Climate Commitment Act
CCM Climate Change Mitigation
CCPI Climate Change Performance Index
CCPT Climate Change Principle-based Taxonomy
CCUS Carbon Capture, Utilisation and Storage
CCUS Carbon Capture, Usage and Storage
CDM Clean Development Mechanism
CDRI Coalition for Disaster Resilient Infrastructure
CEA Central Electricity Authority
CERF Climate Equity Reference Framework
CFBL Carbon Footprint of Bank Loans
CFCs Chlorofluorocarbons
CFGs Climate Friendly Goods
CH4 Methane
CI Carbon Intensity
CMEMS Copernicus Marine Environment Monitoring Service
CMIE Centre for Monitoring Indian Economy
Cms centimetres
CO Carbon Monoxide
CO2 Carbon Dioxide
COP Conference of the Parties
CPHS Consumer Pyramids Household Surveys
CRISK Capital Shortfall Risk
CRP Climate Risk Portfolio
CSA Climate Smart Agriculture
CSE Centre for Science and Environment
CSIRO Commonwealth Scientific and Industrial Research Organisation
CSR Corporate Social Responsibility
DFM Dynamic Factor Model
DICE Dynamic Integrated model of Climate and the Economy
D-i-D Difference in difference
DISCOMs Distribution Companies
DNSH Do No Significant Harm
DP Detailed Process
DSGE Dynamic Stochastic General Equilibrium
EAF Electric Arc Furnace
EBF European Banking Federation
ECB European Central Bank
eCoC Electronic Certificate of Compliance
E-DSGE Environment-DSGE
EI Energy Intensity
EIBs European Investment Bonds
EIE Emission Intensity of Value-added on Exports
EIM Emission Intensity of Value-Added on Imports
EKC Environmental Kuznets Curve
ELIS Environmental Labelling and Information Schemes
EM-DAT Emergency Events – Database
EMEs Emerging Market Economies
EMS Emission Trading Systems
EPPA Economic Projection and Policy Analysis
ERPs ESG Rating Providers
ESCS Extremely Severe Cyclonic Storms
ESG Environment, Social and Governance
ESRB European Systemic Risk Board
ETR Environmental Tax Reform
ETS Emissions Trading System
EU European Union
EVs Electric Vehicles
FAME Faster Adoption and Manufacturing of Hybrid Electric Vehicles
FAO Food and Agriculture Organisation
FDI Foreign Direct Investment
FIT Feed-in-Tariffs
FSB Financial Stability Board
FTA Free Trade Agreements
GAR Green Asset Ratio
GCCI Global Climate Change Index
GDP Gross Domestic Product
GDPPC GDP Per Capita
GFSG Green Finance Study Group
GGEF Green Growth Equity Fund
GHG Green House Gases
GIS Geographic Information System
GMSL Global Mean Sea Level
GNPA Gross Non-Performing Assets
GOBARdhan Galvanising Organic Bio-Agro Resources Dhan
GoI Government of India
GPCB Gujarat Pollution Control Board
GSDP Gross State Domestic Product
GSF Green Supporting Factor
GST Goods and Services Tax
Gt Gigatonnes
GtCO2eq Gigatonnes of CO2 equivalent
GVA Gross Value Added
GVCs Global Value Chains
IAM Integrated Assessment Model
IBFI Index Based Flood Insurance
ICAAP Internal Capital Adequacy Assessment Process
ICE Internal Combustion Engine
ICSU International Council of Scientific Unions
ICT Information and Communications Technology
IEA International Energy Association
IFRC International Federation of Red Cross and Red Crescent Societies
IMD India Meteorological Department
IMF International Monetary Fund
INCCA Indian Network for Climate Change Assessment
INFORM Index for Risk Management
IOSCO International Organization of Securities Commissions
IoT Internet of Things
IPCC Intergovernmental Panel on Climate Change
IPM Integrated Pest Management
IPSF International Platform for Sustainable Finance
IRA Inflation Reduction Act
IRDA Insurance and Regulatory Development Authority
IRENA International Renewable Energy Agency
ISA International Solar Alliance
ISTS Inter-state Transmission Systems
KLEMS Capital, Labour, Energy, Material, and Services
Km2 Kilometer Square
KPIs Key Performance Indicators
kWh Kilowatt-hour
LCOE Levelised Cost of Electricity
LiDCs Low-Income Developing Countries
LED Light Emitting Diode
LiFE Lifestyle for Environment
LIMITS Low climate Impact scenarios and the Implications of required Tight emission control Strategies
LMDI Logarithmic Mean Divisia Index
LPA Long Period Average
LST Land Surface Temperature
LT-LEDS Long-term Low Greenhouse Gas Emission Development Strategies
LULC Land Use and Land Cover
MaaS Mobility as a Service
MARS Multivariate Adaptive Regression Splines
MFs Mutual Funds
MGNREGA Mahatma Gandhi National Rural Employment Guarantee Act
MGNREGS Mahatma Gandhi National Rural Employment Guarantee Scheme
MIGA Multilateral Investment Guarantee Agency
MIT Massachusetts Institute of Technology
ML Machine Learning
Mm Millimetre
MMT Million Metric Tonnes
MT Million Tonnes
MW Megawatt
MNRE Metric tonnes per year
MoEFCC Ministry of Environment, Forest and Climate Change
MoES Ministry of Earth Sciences
MoPNG Ministry of Petroleum and Natural Gas
MoSPI Ministry of Statistics and Program Implementation
MoU Memorandum of Understanding
MRTS Mass Rapid Transit Systems
MRV Monitoring, Reporting, And Verification
MRV Measurement, Reporting, and Verification
MSCI Morgan Stanley Capital International
MSMEs Micro, Small and Medium Enterprises
N2O Nitrous Oxide
NBFCs Non-Banking Finance Companies
NCEF National Clean Energy Fund
NCR National Capital Region
NDC Nationally Determined Contribution
NDTL Net Demand and Time Liabilities
NECR Net Effective Carbon Rate
NeML National Commodities and Derivatives Exchange e-Market Limited
NFCI National Financial Conditions Index
NGBRC National Guidelines on Responsible Business Conduct
NGFS Network for Greening the Financial System
NGO Non-governmental organization
NHPC National Hydroelectric Power Corporation
NIFTY National Stock Exchange Fifty
NIGEM National Institute Global Econometric Model
NIO North Indian Ocean
NMEEE National Mission for Enhanced Energy Efficiency
NMSA National Mission for Sustainable Agriculture
NOAA National Oceanic and Atmospheric Administration
NPAs Non-Performing Assets
NRDC Natural Resources Defence Council
NSDP Net State Domestic Product
NSO National Statistical Office
NSSO National Sample Survey Organisation
NVA Net Value Added
O3 Ozone
OHC Ocean Heat Content
OECD Organisation for Economic Cooperation and Development
OWID Our World in Data
PAT Perform, Achieve, Trade
PBoC People’s Bank of China
PE Private Equity
PIB Press Information Bureau
PLI Production Linked Incentive
PM-PRANAM PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth
PPP Public-Private Partnerships
PRA Prudential Regulation Authority
PRI Principles of Responsible Investment
PSBs Public Sector Banks
PSL Priority Sector Lending
PTAs Preferential Trade Agreements
PV Photovoltaic
PVBs Private Banks
QE Quantitative Easing
R&D Research and development
RBI Reserve Bank of India
RCPs Representative Concentration Pathways
RPO Renewable Purchase Obligations
RTAs Regional Trade Agreements
SAARC South Asian Association for Regional Cooperation
SCBs Scheduled Commercial Banks
SCS Severe Cyclonic Storms
SDG Sustainable Development Goals
SEBI Securities and Exchanges Board of India
SECI State Energy and Climate Index
SGBs Sovereign Green Bonds
SGS State Government Securities
SME Small to Medium Enterprise
SST Sea Surface Temperature
STEPS Stated Policies Scenario
SuCS Super cyclonic storms
SWM South-west Monsoon
TBC To be Continued
tCO2e Tonne of Carbon Equivalent
TECO2 Trade in embodied CO2 database
TiVA Trade in Value Added
TOP Tomato, Onion, Potato
TPA Tonnes per annum
TSC Technical Screening Criteria
UK United Kingdom
UN United Nations
UNCTAD United Nations Conference on Trade and Development
UNDP United Nations Development Programme
UNEP UN Environment Programme
UNFCCC United Nations Framework Convention on Climate Change
UNICEF United Nations International Children’s Emergency Fund
UNISDR United Nations International Strategy for Disaster Reduction
US United States
USA United States of America
USD US Dollar
UTs Union Territories
VAT Value Added Tax
VC Venture Capital
VRE Variable Renewable Energy
VSCS Very Severe Cyclonic Storms
VSIC Vietnam Standard Industrial Classification
WCP World Climate Programme
WEO World Economic Outlook
WGMS World Glacier Monitoring Service
WMO World Meteorological Organisation
ZJ Zeta Joules

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