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2019 | OriginalPaper | Chapter

23. Green Finance in India

Barriers and Solutions

Author : Gopal K. Sarangi

Published in: Handbook of Green Finance

Publisher: Springer Singapore

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Abstract

The Indian energy sector is experiencing a transition with increasing penetration of renewables. One of the major challenges is securing the necessary finance to produce 175 GW of renewables by 2022. The present chapter offers a granular understanding of mobilizing such finances, drawing from the Indian perspective, and identifies emerging pathways. In addition to sector-specific issues, renewable energy financing in India continues to face multiple obstacles stemming from the nature of the current national financial market in general, such as short-tenure loans, high capital costs, and lack of adequate debt financing. Introducing innovative financing mechanisms and instruments requires advantageous conditions to prevail.

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Metadata
Title
Green Finance in India
Author
Gopal K. Sarangi
Copyright Year
2019
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-13-0227-5_4

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