Making Green Growth Markets Work

The India-UK Energy for Growth Partnership has focused on creating tools for energy scenario planning, reforming gas and power markets to reduce import dependence, and identifying climate finance mechanisms for Indian cities. Key initiatives include the 'India Energy Security Scenarios 2047' tool and the adoption of multi-criteria decision analysis (MCDA) to align energy planning with social and green growth objectives.

• The 'India’s Energy Security Scenarios 2047' tool, developed by NITI Aayog and the UK Department of Energy and Climate Change, indicates that India could reduce its dependence on oil and gas imports from 31% to 21% by 2047.
• The partnership has worked to open India's gas market to reduce oil import dependency, focusing on tariff and tax issues and the establishment of an exchange-based trading system for natural gas.
• Efforts in the electricity sector have focused on national and state-level reforms to lower the financial burden on states and introduce 'carriage and content separation', where electricity distribution and revenue recovery are handled by different companies.
• To address silos in energy policy-making, the partnership adopted multi-criteria decision analysis (MCDA) to better assess trade-offs and co-benefits between energy planning, social objectives, and green growth.
• Research into climate finance for Indian cities, specifically Gurgaon and Puri, identified crowd-funding and underutilized corporate social responsibility (CSR) funds as potential financing mechanisms for climate compatible development.

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} }