Setting up a Green Bank: a solution to India's clean energy finance barriers

Governments around the world have taken different approaches to establish green banks. While each green bank has been set up in a unique context with differing obstacles and circumstances, certain steps are common to establishing either a new institution or transforming an existing institution to a green bank. This paper describes the process for establishing a green bank in four phases. Each phase will likely take one to two months with certain aspects having longer or shorter durations and some of the processes can overlap or occur in parallel with other processes.