Clean Energy Finance and Investment Roadmap of India
Opportunities to Unlock Finance and Scale up Capital
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.
Foreword
The Clean Energy Finance and Investment Roadmap of India is one of the key outputs of the Organisation for Economic Co-operation and Development (OECD) Clean Energy Finance and Investment Mobilisation (CEFIM) programme. The CEFIM programme aims to support governments in emerging economies in South and Southeast Asia, Latin America and Africa to enable finance and investment in renewable electricity, energy efficiency and decarbonisation of industry (“clean energy”).
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