Greening India’s Financial Market: Investigating Opportunities for a Green Bank in India

In this August 2016 report, NRDC, CEEW, and IREDA argue that although investment in renewable energy and energy efficiency is growing both internationally and in India, the scale of investment does not yet match the scale of financing needed to grow rapidly. Strong policy settings and incentive structures must be adopted to enable renewable energy investment to scale up to needed levels in India. An Indian green bank (or banks) can help propel India’s solar and wind energy markets and support critical energy-efficiency and climate resilience projects.