In September 2019, India announced its target to reach 450 GW of renewable energy generation by 2030, making it one of the most ambitious targets in the world. The country will require ~INR 162.5 thousand crores (USD 2.5 trillion) from 2015 to 2030, a requirement of roughly INR 11 thousand crores (USD 170 billion) per year to finance its renewable energy goals and other climate actions. Yet we are currently far short of that finance goal, despite the tremendous opportunities abundant throughout India.
In this 90-minute virtual event, CPI launched and presented the latest findings from the “Landscape of Green Finance in India,” which measures public and private sources of green capital in India. This event brought together stakeholders across the green sector, to discuss the economic and financial climate progress India has made so far, and to deliberate on how we can best bring about a transformational change in the short amount of time we have left to realize India’s green future.
Full report available here: bit.ly/GrnLand
Негізгі бет India’s Green Finance Landscape - Increasing Momentum and Opportunity
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