14 Jul '17, 7pm

India as a Climate "Front Runner": Financing Clean Energy - Natural Resources Defense Council

India as a Climate "Front Runner": Financing Clean Energy - Natural Resources Defense Council

With climate change as a major focus during the recent G20 Summit, India emphasized its commitment to implementing the Paris Agreement. The World Bank recently recognized India as a “front runner in the global fight against climate change” with its massive expansion of solar energy. Although the investment in clean energy is growing in India, the scale of investment does not yet match the over $100 billion needed to achieve India’s clean targets. One promising solution is to create a dedicated green fund for accelerating clean energy investment. During a BRICS meeting with Brazil, Russia, China and South Africa, Prime Minister Narendra Modi highlighted that “India will implement the agreement in letter and spirit,” stressing the need for global action despite the Trump Administration’s announcement to withdraw from the agreement. The World Bank also acknowledged the strong...

Full article: https://www.nrdc.org/experts/anjali-jaiswal/accelerating-...

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