According to a study by climate and energy research firm, CEEW Centre for Energy Finance (CEEW-CEF), India is going to need Rs 700 lakh crore (10 trillion) to meet its net-zero target by 2070.<\/p>\n
–<\/strong> Majority of the funds would be needed to significantly scale up generation from renewable energy<\/strong> and for the necessary integration, distribution and transmission infrastructure. A smaller part would have to be invested in the industrial sector for setting up green hydrogen<\/a> <\/span>production capacity.<\/p>\n –<\/strong> Concessional finance<\/strong>: India would fall short by $3.5 trillion to achieve net-zero emissions by 2070. Hence, investment support of $1.4 trillion, in the form of concessional finance, would be required from developed economies.<\/p>\n Concessional finance refers to loans at below-market interest rates.<\/em><\/p>\n –<\/strong> On the domestic front, financial regulators such as the RBI and SEBI need to create an enabling ecosystem<\/strong> for financing India\u2019s transition to a green economy.<\/p>\n – <\/strong>Finally, given the size of the investments required, private capital,<\/strong> from both domestic and international institutions, should form the bulk of investment<\/strong>. Public funds should work towards de-risking investments in existing and emerging clean technologies.<\/p>\n