The Ministry of Finance’s draft Framework of India’s Climate Finance Taxonomy is a timely step to facilitate steering of financial flows towards high climate impact areas across various sectors and activities in the country. We especially welcome the fact that the objectives of this taxonomy enshrine the prevention of greenwashing. The Framework in its current form is a strong beginning towards climate finance stewardship for the country. We believe that incorporating some suggestions detailed in our submission, has the potential to ensure a well administered, transparency oriented, comprehensive climate finance ecosystem for the country.