KONTAN.CO.ID - NEW DELHI. The World Bank said on Friday it has approved $1.5 billion in financing to accelerate the development of India's low carbon energy sector. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement. “The program will support the successful implementation of the National Green Hydrogen Mission that aims to stimulate $100 billion in private sector investment by 2030,” said Auguste Tano Kouame, World Bank Country Director for India.
World Bank Approves $ 1.5 Billion Financing for India's Low Carbon Energy Sector
KONTAN.CO.ID - NEW DELHI. The World Bank said on Friday it has approved $1.5 billion in financing to accelerate the development of India's low carbon energy sector. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement. “The program will support the successful implementation of the National Green Hydrogen Mission that aims to stimulate $100 billion in private sector investment by 2030,” said Auguste Tano Kouame, World Bank Country Director for India.