Investors see potential in climate finance in India amid global energy transition

Global investors, development finance institutions and commercial banks signalled an unprecedented scaling up of climate finance for India, positioning the country as a central pillar in the global energy transition.At the Mumbai Climate Week, speakers underscored the trillions of dollars required annually to meet net-zero goals. HSBC estimated that the global transition economy needs about $5 trillion a year — nearly double the current investment levels — with additional demand emerging from energy-intensi ...