Mobilizing investments by institutional investors is a requisite for India to meet its clean energy targets. India needs an additional ~USD 450 billion of capital by 2040 to reach ~480GW of renewable energy capacity. Foreign institutional investors with USD 70 trillion and domestic institutional investors with USD 560 billion of assets under management may prove crucial in fulfilling the financing requirements of this sector.
In this webinar, we launched our report, Getting to India’s Renewable Energy Targets: A Business Case for Institutional Investment, that identifies the key drivers, explores the alignment of the investment criteria of institutional investors, and discusses the barriers to renewable energy investments in India as well as solutions to overcome them. This study has been supported by Shakti Sustainable Energy Foundation.
Mr. Deepak Gupta from Shakti Sustainable Energy Foundation
Dr. Gireesh Shrimali, India Director, Climate Policy Initiative
Labanya Prakash Jena, Lead Author of the report at Climate Policy Initiative
About the organizations
With deep expertise in policy and finance, CPI works to improve the most important energy and land use practices around the world. Our mission is to help governments, businesses, and financial institutions drive growth while addressing climate risk. CPI works in places that provide the most potential for policy impact including Brazil, Europe, India, Indonesia, and the United States.
Shakti Sustainable Energy Foundation works to strengthen the energy security of India by aiding the design and implementation of policies that support energy efficiency and renewable energy.