Public Finance For Climate Action

Date : April 29, 2022

India's climate finance requirements are enormous. Public finance can play a catalytic role in combating climate change and in meeting the target set under India's Nationally Determined Contributions. When combined with private financing and international climate finance, public finance can push climate change related mitigation and adaptation related activities in India. Governments at the sub-na...

Tracking Clean Energy Finance Flows in India

Date : April 13, 2022

Achieving India’s NDC mitigation targets requires approximately $1 trillion in investments till 2030. As India begins to implement its plans for its energy transition, being able to compare the current supply of clean energy investment with the investment needed would allow for the development of clear action points to close the gaps. However, there is currently no systematic approach to assessi...

Financing Sustainable Urban Transport through Public-Private Partnerships (PPPs)

Date : January 19, 2022

The Smart Cities Mission will require significant amounts of capital to meet the rapidly growing requirements of cites. One way for cities to generate additional funds is Public-Private Partnerships (PPPs). The Smart Cities Mission has placed significant emphasis on the PPP model encouraging the private sector to mobilize capital, technology and other resources. Such partnerships can support gover...

Improving Finance for Clean Energy Access in India

Date : January 17, 2022

Decentralized Renewable Energy (DRE) enterprises have immense potential to meet India's energy needs, particularly in rural areas. Shakti facilitated the development of a multi-approach programme to enhance access to finance for DRE enterprises by : providing technical assistance services to DRE enterprises and financial institutions, designing alternate financing facilities, and designing a frame...

Financing Needs of Nascent Clean Energy Technology Businesses

Date : January 14, 2022

There is a need to encourage, support, and scale innovation in order to advance to a more sustainable, nimble, and secure energy future. Emerging technologies have a business life cycle: research and development (R&D), demonstration, and eventual commercialisation. Clean energy projects, especially those in their nascent stages, have long timelines, large upfront capital costs, low returns, an...

Greening the Financial System

Date : January 14, 2022

India’s transition towards low-carbon economic development requires capital inflow at scale. There is a need for the structural transformation of financial policy and regulations to help direct capital towards green economic activities. This is particularly pertinent as India crafts out pathways to meet its Nationally Determined Contributions (NDC). India needs additional capital of US$ 1.8 tril...

Landscape Assessment of State-Level Climate Financing Options

Date : January 14, 2022

State governments in India have well-defined development goals that are met through a variety of programs and investments in social and economic initiatives, infrastructure, industrialization, capacity development etc. Meeting these priorities in a climate-friendly manner requires a greater quantum of investments as compared to investments in standard models of development. There are a variety of ...

The India Innovation Lab for Green Finance

Date : January 14, 2022

The India Innovation Lab for Green Finance brings together experts from government, financial institutions, renewable energy, and infrastructure development to identify, develop, and accelerate innovative investment vehicles for green growth in India. More details on the website: https://www.climatefinancelab.org/...

Analyzing Trends in Clean Energy Financing by State Governments

Date : January 14, 2022

State governments have access to several finance options for climate change mitigation but administrative issues within state governments have led to sizeable under utilisation of available funds for climate-related investments. The reports in this initiative aim to analyse the mitigation-oriented climate finance options available to state governments within their budgets and state or central sche...

Understanding the Bottlenecks in the Adoption of TCFD Recommendations by Indian Corporates

Date : January 14, 2022

A majority India's greenhouse gas (GHG) emissions are directly or indirectly related to the corporate sector. Therefore, Indian businesses can play an important role in helping India achieve its Nationally Determined Contributions under the Paris Agreement. Increasingly, corporates in India are beginning to recognise and measure climate related outcomes. However, the methodologies being used, prim...