The most noteworthy outcome of COP27 is the establishment of a fund for loss and damage caused by extreme weather events or climate change. A transition committee will look at what type of funds are needed and from where the money will flow.
In July 2022, Science & Technology minister Dr. Jitendra Singh said that the Indian Space Research Organisation (ISRO) is developing the capability to launch humans on quick space tourism flights.
This year, the Union Budget has laid a sound roadmap for fintech and its scope in augmenting services to the people.
The introduction of Digital Currency and core banking in post offices are considered the next leap for fintech in India.