The chapter evaluates the transition linked to financial risk and proposes a business diversification framework for the PSUs engaged primarily in the business of solid fossil mining (Coal India Limited) and conventional power generation (NTPC Limited). The business diversification framework considers technology maturity, market potential, and financial attractiveness to develop competing investment scenarios. This analysis is aimed at supporting medium to long-term business planning for the futureproofing of these PSUs.

CPI is undertaking a project to provide baseline data and neutral analysis to inform effective applications for, and subsequent deployment of, GGRF funds.

A credit guarantee facility could help address cost-of-capital issues for renewable energy, allowing countries with high solar potential to significantly increase their installed capacity.

Securing a just transition is critical to minimize the impacts on all stakeholders associated with the domestic production and consumption of these solid fossil fuel resources. This brief helps rank states based on their vulnerability to an energy transition.

Financing early coal retirement creates a potential dilemma for financial institutions: adding emissions-intensive assets to the financing institution’s portfolio during a time when financial institutions are increasing efforts to reduce the emissions covered in their portfolios. This brief outlines several approaches to deal with this possible friction.