The Landscape of Green Finance in India 2024
Summary
The report tracks green finance flows in India, noting that while tracked finance reached a record high in 2021/22, further scaling is required to meet climate targets. Mitigation finance remains primarily domestic, though international contributions rose to 17% in 2021/22. The document recommends coordinated action to scale finance, enhancing adaptation funding, developing a green finance taxonomy, and improving data reporting systems.
Key insights
- India's tracked green finance reached a record peak in the 2021/22 period, although the volume of investment remains insufficient to achieve the nation's climate goals.
- Finance for mitigation in 2021/22 was predominantly domestic at 83%, while international finance grew to 17%, representing INR 620 billion or USD 8.3 billion, up from approximately 15% in 2019/20.
- Domestic sources continue to dominate adaptation finance, although international funding for adaptation saw a 19% increase in 2021/22 compared to 2019/20, partly due to the inclusion of an additional sector in tracking.
Cite the original document
- APA
- Climate Policy Initiative (2024). The Landscape of Green Finance in India 2024. https://www.climatepolicyinitiative.org/publication/landscape-of-green-finance-in-india-2024/
- Chicago
- Climate Policy Initiative. The Landscape of Green Finance in India 2024. 2024. https://www.climatepolicyinitiative.org/publication/landscape-of-green-finance-in-india-2024/.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=The Landscape of Green Finance in India 2024 |date=3 December 2024 |url=https://www.climatepolicyinitiative.org/publication/landscape-of-green-finance-in-india-2024/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiative2024landscape, author = {{Climate Policy Initiative}}, title = {{The Landscape of Green Finance in India 2024}}, institution = {Climate Policy Initiative}, year = {2024}, month = dec, url = {https://www.climatepolicyinitiative.org/publication/landscape-of-green-finance-in-india-2024/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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