Underlining the need for urgent action to tackle climate change, World Bank chief Jim Yong Kim on Saturday called for developing a $50-billion 'green bond' market by 2015.
India is committed to structural reforms to boost growth and any change in the government after the next elections is unlikely to have a major impact on its economic reform policy framework, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.
With economic growth remaining fragile, European countries cannot afford to relax their efforts towards implementing structural reforms, according to European Central Bank (ECB) chief Mario Draghi.