The Clean Power Transition in India: How Philanthropies Can Fill the Financing Gap
A clear policy signal behind the push for climate-aligned economic development can build investor confidence and bolster climate-aligned investing in India. With the announcement of 450 GW renewable energy installation by 2030, the Indian government has taken an assertive step toward clean energy transition.
But this requires an investment of $500 billion at a system level. Private sector investment is a must to achieve this ambitious target. However, private sector investment in renewable energy will require consistent policy and regulatory support at the national and sub-national levels that will allow investments (and their recovery) in a stable manner. Philanthropies can play a critical enabling role to help overcome existing policy, regulatory and capacity challenges and help create a favourable and cohesive ecosystem to draw investment in renewable energy.
The Clean Power Transition In India: How Philanthropies Can Fill The Financing Gap takes a deep dive into the clean power sector landscape in India. It looks at clean finance collaborations, ecosystem players including investors, and the barriers to achieving the 450 GW RE target by 2030. It assesses key opportunities in large scale renewable energy and based on a situational assessment of the clean power finance in India, proposes opportunities for philanthropic investment.