Green finance: Can India grab the opportunity?

14 Feb 2022

India's green finance landscape has three notable characteristics. First, the cost of green capital is higher due to its unconventional nature, the risks involved and the absence of a conducive regulatory framework. Second, there is a lack of sound and verifiable green financial products in the market. The existing ones are skewed in favour of debt instruments which only partially cover the risk and scale of long-term finance. Last, there is a predominance of projects for renewable energy capacity addition, with small allocations for energy efficiency. Difficult sectors like infrastructure, industry, resource efficiency, and transport have few projects.

Climate finance
This block is broken or missing. You may be missing content or you might need to enable the original module.