According to the International Finance Corporation (IFC), India requires blended finance to significantly increase climate-related investments, aiming to reach $170 billion annually by the year 2030 – EQ

India requires blended finance to escalate climate-related investments to approximately $170 billion per year by 2030, as emphasized by the International Finance Corporation (IFC). Blended finance combines public and private funding to support sustainable projects. Meeting this financial target is essential for India to address climate change effectively, transition towards renewable energy, and reduce carbon emissions, aligning with its environmental and sustainable development goals.