India’s Greenhouse Gas (GHG) emissions continue to rise, with sectoral variations and regional disparities shaping the country’s transition to a low-carbon economy. As India strives to meet its climate commitments, this development aims to support sustainable growth, reduce emissions, and attract private investments through targeted financial interventions. At the national level, the project is currently developing a comprehensive financing framework to mobilise investments in renewable energy, energy efficiency and climate mitigation.
The framework will:
- Provide a structured approach to deploying financial instruments, such as green bonds, carbon pricing, and offset markets, to attract private sector participation while fostering public-private partnerships for long-term sustainability.
- Ensure a just transition for communities reliant on carbon-intensive industries, minimising livelihood disruptions and creating sustainable pathways for industries and workers to adopt clean energy technologies.
- Establish a climate finance readiness framework that identifies financial gaps in the energy sector and designs effective mechanisms to bridge these gaps.
Our Role:
We are supporting the Department of Forest, Environment and Climate Change (DoFE&CC), Government of Odisha, as a Technical Support Unit (TSU) in enhancing its climate finance readiness. By integrating innovative financing mechanisms, equity considerations and sustainability principles, the project plans to empower Odisha to attract climate investments, strengthen resilience and develop scalable models that harmonise industrial growth with climate action.
