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Greening India’s Financial Market: Opportunities for a Green Bank in India

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Natural Resources Defense Council; the Council on Energy, Environment and Water
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This report on green banks is aimed at finding the best and most plausible ways to accelerate the growth of India’s clean energy market. The authors report five takeaways: (1) a green bank is an institution that is more than the sum of its parts, (2) better financing terms means more projects, lower cost energy and lower subsidy costs, (3) green banks keep lending costs low, (4) investment partnerships bring new players on board and (5) green banks facilitate the scaling up of distributed clean energy resources.