HomeAboutResearchProgramsPublicationsEventsContact Visit IISF

Applied Policy Initiatives

Multi-year institutional programs translating macroeconomic research into scalable capital instruments and enforceable market regulations.

Flagship Programs

Building Emerging Market Architecture

SCRF bridges the gap between theoretical economic modeling and real-world capital deployment. Our applied policy initiatives are anchored in India's domestic transition and engineered for scalability across the Global South. Each program is designed to resolve specific structural frictions across capital markets, sovereign debt, and industrial policy.

Compliance Carbon Markets Initiative (CCMI)

Program 01: Carbon Market Architecture

The Foundation's dedicated workstream for the technical architecture of domestic and cross-border compliance carbon mechanisms. Anchored in the operational rollout of India's Carbon Credit Trading Scheme (CCTS), the initiative delivers empirical models to ensure high-integrity pricing, registry interoperability, and Article 6 alignment.

Program Objectives
Formulate sector-specific baseline and credit MRV protocols.
Design pricing guardrails and registry interoperability frameworks.
Structure Article 6.2 bilateral transfer mechanisms for emerging markets.
MoEFCCBureau of Energy EfficiencyGrid Controller of IndiaUNFCCC
Program Outputs
CCTS Sectoral Technical Guides
Article 6.2 Implementation Roadmaps
Quarterly Carbon Market Microstructure Reports
Statutory Consultation Submissions

Sovereign & Sustainable Finance Architecture

Program 02: Transition Finance & Capital Mobilisation

A dedicated initiative mobilizing institutional capital and structuring the regulatory guardrails required for long-term macroeconomic decarbonization. We provide technical advisory to central banks and financial regulators on sovereign debt instruments, national transition taxonomies, and prudential climate-risk integration.

Program Objectives
Structure sovereign green bond and transition bond frameworks.
Develop national transition taxonomies aligned with domestic fiscal priorities.
Integrate climate risk into commercial bank underwriting and central bank reserves.
Reserve Bank of IndiaSEBIMinistry of FinanceISSB
Program Outputs
Sovereign Green Bond Allocation Reports
National Taxonomy Design Blueprints
SEBI and RBI Consultation Responses
Institutional Capital Flow Trackers

Industrial Clusters & Supply Chain Decarbonization

Program 03: Industrial Policy & Real Economy

Addressing the capital deficit across hard-to-abate sectors and export-oriented manufacturing clusters. This program designs transition pathways, blended finance de-risking facilities, and carbon-accounting protocols to protect supply chain competitiveness against international trade adjustments.

Program Objectives
Design transition-linked credit structures for heavy industry and manufacturing MSMEs.
Develop supply chain shielding mechanisms against carbon border adjustments (CBAM).
Structure blended finance facilities with multilateral co-investment.
Ministry of Heavy IndustriesSIDBINITI AayogMultilateral Development Banks
Program Outputs
Industrial Sector Transition Roadmaps (Steel, Cement, Power)
CBAM Exposure & Supply Chain Vulnerability Models
Blended Finance De-risking Blueprints
MSME Transition Credit Guidelines

Global South Multilateral & Climate Finance Initiative

Program 04: Emerging Market Climate Finance

Reforming global financial architecture to reflect the macroeconomic realities of developing economies. This initiative engages with multilateral development banks (MDBs) and finance ministries across Asia, Africa, and Latin America to advance sovereign debt restructuring, local currency financing, and South-South technical cooperation.

Program Objectives
Develop sovereign debt-for-climate swap frameworks for highly leveraged emerging markets.
Advise on MDB balance sheet optimization and local currency transition lending.
Harmonize regional transition taxonomies across the Global South.
World Bank GroupAsian Development BankG20 Finance TrackUNCTAD
Program Outputs
MDB Reform & Capital Adequacy Briefs
Global South Transition Finance Gap Models
Sovereign Debt Restructuring Policy Papers
Cross-Border Taxonomy Alignment Studies
Government Engagement

SCRF Policy Lab

The Policy Lab is the Foundation's formal statutory engagement mechanism, translating empirical economic research into actionable legislative and regulatory architecture. We provide evidence-based analysis to finance ministries, central banks, and parliamentary committees through formal consultation submissions, technical drafting assistance, and closed-door institutional dialogues.

50+Policy Submissions
12Ministries Engaged
8Regulatory Responses

Recent Policy Engagements

CCTS Draft Notification: Technical Comments

Engaging the Bureau of Energy Efficiency on pricing microstructure and baseline methodologies.

SEBI Green Bond Framework: Consultation Response

Advising the regulator on use-of-proceeds verification and taxonomy alignment.

BRSR Core Disclosure Standards: Recommendations

Submitting empirical frameworks for proportionate supply chain disclosures.

National Action Plan on Climate Change: Written Evidence

Briefing the Parliamentary Standing Committee on sovereign climate finance architecture.

India's Updated NDC: Technical Input

Advising MoEFCC on macroeconomic alignment of sectoral targets and carbon budget allocations.

Policy & Capital Dispatch

The SCRF Policy & Capital Dispatch

Macroeconomic intelligence, transition finance frameworks, and carbon market architecture, distilled from our empirical research, regulatory tracking, and direct policy consultations. Delivered weekly to finance ministries, central banks, and institutional allocators.