The role of the private sector to scale up climate finance in India
The main objective of this study was to review existing private climate finance flows in India with the primary focus to analyse current barriers and the potential for the private sector to scale up investment. The main findings cover: Estimates of private finance flows by type of institution, financial instruments and sectors; How climate change and sustainable development considerations are being incorporated in corporate governance and decision making; The potential for public finance to scale up private investment. In the Indian context , this will be crucial to work towards a successful implementation of mitigation schemes and in particular of ‘Nationally Appropriate Mitigation Actions’ (NAMA) concepts as well as their “transformational character”; Current barriers that prevent project developers and financiers from investing in climate projects; and The role of international climate finance in scaling up private sector investments.
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