In September 2019, India announced its target to reach 450 GW of renewable energy generation by 2030, making it one of the most ambitious targets in the world. The country will require ~INR 162.5 thousand crores (USD 2.5 trillion) from 2015 to 2030, a requirement of roughly INR 11 thousand crores (USD 170 billion) per year to finance its renewable energy goals and other climate actions. Yet we are currently far short of that finance goal, despite the tremendous opportunities abundant throughout India.
In this 90-minute virtual event, CPI will launch and present the latest findings from the “Landscape of Green Finance in India,” which measures public and private sources of green capital in India. This event brings together stakeholders across the green sector, to discuss the economic and financial climate progress India has made so far, and to deliberate on how we can best bring about a transformational change in the short amount of time we have left to realize India’s green future.
AGENDA
| 16:00 – 16:10 XXXXXX | WELCOME & INTRODUCTION Vivek Sen, Associate Director, Climate Policy Initiative |
| OPENING REMARKS Koyel Mandal, Chief of Programs, Shakti Sustainable Energy Foundation | |
| 16:10 – 16:25 | KEY FINDINGS: LANDSCAPE OF GREEN FINANCE IN INDIA Neha Khanna, Project Manager and Lead Author, Climate Policy Initiative |
| 16:25 – 17:05 | PANEL DISCUSSION: INDIA’S GREEN FINANCE LANDSCAPE – INCREASING MOMENTUM AND OPPORTUNITY · Dr. Runa Sarkar Professor, Economics Group, Indian Institute of Management Calcutta (IIMC) · Dr. Suranjali Tandon, Assistant Professor, National Institute of Public Finance and Policy (NIPFP) · Govind Sankaranarayanan, Director and Managing Partner, Ecube Investment Advisers Private Limited · Namita Vikas, Managing Director, auctusESG* · Sharmila Chavaly, Advisor, National Institute for Smart Government · Dr. Dhruba Purkayastha, India Director, Climate Policy Initiative (Moderator) |
| 17:05 – 17:25 | QUESTION & ANSWER SESSION |
| 17:25 – 17:30 | CONCLUDING REMARKS Dhruba Purkayastha, India Director, Climate Policy Initiative |
