Estimates suggest the country will require $400-$500bn to meet its 500GW renewables target by 2030.
But currently, around 83% of India's finance for climate mitigation is sourced domestically, according to the government's economic survey.
While the Paris Agreement clearly mandated developed countries to provide financial resources to the tune of $100bn annually up to 2025 to developing countries for their climate action, that money has been hard to get.
Estimates suggest the country will require $400-$500bn to meet its 500GW renewables target by 2030. But currently, around 83% of India's finance for climate mitigation is sourced domestically, according to the government's economic survey. While the Paris Agreement clearly mandated developed countries to provide financial resources to the tune of $100bn annually up to 2025 to developing countries for their climate action, that money has been hard to get.
