1887

Clean Energy Finance and Investment Roadmap of India

Opportunities to Unlock Finance and Scale up Capital

image of Clean Energy Finance and Investment Roadmap of India

India has achieved major progress in its energy sector over the last two decades. Still, investment needs to scale up considerably to meet the government’s ambitions to achieve 500 GW of renewable energy capacity and energy-intensity reductions of 45% by 2030. Targeted application of public funds, alongside international climate and development finance, can crowd in investors and channel private capital to meet India’s clean energy goals. The Clean Energy Finance and Investment Roadmap of India highlights key actions needed to accelerate the development of energy efficiency measures in micro, small and medium enterprises, offshore wind and green hydrogen production. The report provides a comprehensive overview of the initiatives to date and challenges to scale up investments. It also provides a number of tailored recommendations for the Government of India, development partners and the private sector.

English

Introduction

This chapter introduces India’s ambitious clean energy transition goals as well as the levels of finance and investment needed to achieve them. It provides an overview of the clean energy finance and investment landscape in India, highlighting current sources of finance and the opportunities and limitations involved in scaling them up to required levels. This chapter also notes that the objective of the Clean Energy Finance and Investment Roadmap for India is to build consensus on a clear action plan to scale up finance and investment in three of India’s clean energy sectors, namely energy efficiency in MSMEs, offshore wind, and green hydrogen. Finally, it describes the consultative approach employed in the development of this Roadmap and details the steps and timeline followed during the stakeholder engagement process.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error