Although it is not the only source of funding, India intends to look to the international climate finance community for assistance in financing its NDC commitments. India intends to make use of both domestic and foreign funding sources in addition to a mix of private and public investment.
By 2030, India wants to achieve 50% of its installed capacity for electricity from non-fossil fuel-based energy sources, according to its NDC. This objective is highly ambitious and will necessitate large investments in energy efficiency, renewable energy, and other low-carbon technologies.
Although it is not the only source of funding, India intends to look to the international climate finance community for assistance in financing its NDC commitments. India intends to make use of both domestic and foreign funding sources in addition to a mix of private and public investment.
By 2030, India wants to achieve 50% of its installed capacity for electricity from non-fossil fuel-based energy sources, according to its NDC. This objective is highly ambitious and will necessitate large investments in energy efficiency, renewable energy, and other low-carbon technologies.