Making Green Growth Markets Work

This briefing describes the India-UK Energy for Growth Partnership, focusing on collaborative efforts to promote green growth in India through energy security modelling, gas and power market reforms, and the identification of climate finance mechanisms for urban development.

• The India-UK partnership developed the 'India Energy Security Scenarios (IESS) 2047', a web-based energy scenario building tool launched in February 2014. This tool supports energy decisions through modelling analysis—including extensions to the sub-national level for Andhra Pradesh, Assam, and Gujarat—communication with stakeholders, and the creation of policy narratives regarding emission scenarios. It has assisted policymakers in pursuing goals such as the 2022 target of 175 GW from renewables.
• Collaborative efforts between the UK government and India's Ministry of Petroleum & Natural Gas (MoPNG) aimed to open the natural gas market to facilitate a transition to greener growth. This work involved addressing tariff and tax barriers, examining the viability of physical trading of natural gas, and establishing a roadmap for an exchange-based trading system. Additionally, a study by a consortium of ICF, IHS, and Petrofed sought to increase the investment attractiveness of India's Exploration & Production (E&P) sector.
• The partnership has focused on power sector reforms at national and state levels to improve power availability and affordability. A key initiative with PTC India Ltd. explored 'carriage and content separation', a model where a distribution company delivers electricity while a separate company handles supply and revenue recovery. Independent reviews indicate these reforms have increased investment and reduced the financial burden on states for power supply.
• To address the siloed nature of energy policy-making, the partnership adopted multi-criteria decision analysis (MCDA) to identify trade-offs and co-benefits between energy planning, social objectives, and green growth. This approach is being implemented in the 'Power Up Odisha' initiative. Furthermore, research by CDKN India and Germanwatch identified potential climate finance sources for cities such as Puri and Gurgaon, suggesting the use of crowd-funding and underutilized corporate social responsibility funds.

APA

Climate and Development Knowledge Network (n.d.). Making Green Growth Markets Work. https://cdkn.org/sites/default/files/files/India-UK-Partnership-in-Green-Growth-Final-.pdf

Chicago

Climate and Development Knowledge Network. Making Green Growth Markets Work. n.d. https://cdkn.org/sites/default/files/files/India-UK-Partnership-in-Green-Growth-Final-.pdf.

Wikipedia

{{cite report |author=Climate and Development Knowledge Network |title=Making Green Growth Markets Work |url=https://cdkn.org/sites/default/files/files/India-UK-Partnership-in-Green-Growth-Final-.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climateanddevelopmentknowledgenetworkndmaking, author = {{Climate and Development Knowledge Network}}, title = {{Making Green Growth Markets Work}}, institution = {Climate and Development Knowledge Network}, url = {https://cdkn.org/sites/default/files/files/India-UK-Partnership-in-Green-Growth-Final-.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }