Catalysing green opportunities: integrating environmental risks to address climate goals

India is estimated to require nearly USD 95 to 125bn annually through 2033 for actions on climate mitigation. This entails investment to support transition of existing sectors into green and nurturing emerging sectors and technologies in areas such as electric vehicles, green buildings, renewable energy, waste and water resources. Public finance will continue to play a key role in supporting this transition – addressing around 20% of the total investment needs. However, in order to ensure a timely response to climate change, the private sector will need to play a leading role. This guidebook is designed to provide a flexible, non-prescriptive guidance for financial institutions (investors and lenders) helping them realize potential to climate-align activities, consider ‘green’ as a core dimension to business strategy and taking a deeper view of environmental risks beyond compliance.