India Requires $1.5 Trillion by 2030 to Fuel Climate Action and Clean Energy Shift: Report – EQ
In Short : India will need around $1.5 trillion in investment by 2030 to meet its climate and energy transition goals, according to a Deloitte report. The funding is required across sectors like renewable energy, storage, clean transport, water, and sustainable infrastructure. Mobilizing this capital will depend on innovative financing tools, including green bonds, blended finance, and global investor partnerships.
In Detail : India is projected to require approximately $1.5 trillion in investments by 2030 to meet its climate and energy transition targets, according to a recent Deloitte report. This funding is essential for advancing renewable energy, building climate-resilient infrastructure, and supporting sustainable development across sectors.
A major portion of the investment will be directed toward scaling up renewable energy capacity, including solar, wind, and hybrid systems. India’s goal of achieving 500 GW of non-fossil fuel capacity by 2030 demands substantial financial support for generation, storage, and transmission.
Beyond energy generation, key sectors such as clean transportation, water security, sustainable agriculture, and waste management also require significant funding. These sectors play a critical role in reducing emissions, improving resource efficiency, and enhancing urban and rural resilience.
Energy storage, electric mobility, and the development of green hydrogen technologies are expected to absorb a large share of this capital. These innovations are vital to enabling a reliable and flexible clean energy ecosystem in the country.
The report emphasizes that unlocking this scale of investment will depend on deploying innovative financial instruments. Green bonds, blended finance structures, and sustainability-linked loans will be crucial in attracting both domestic and international investors.
India’s climate and energy transition goals present not only a challenge but a major opportunity. With the right financing mechanisms and policy support, the country can drive long-term economic growth, job creation, and environmental sustainability while advancing its global climate commitments.
