World Bank approves $1.5 billion for India’s low-carbon energy sector

World Bank approves $1.5 billion for India’s low-carbon energy sector : World Bank approves $1.5 billion for India’s low-carbon energy sector.

The World Bank has approved $1.5 billion in financing to accelerate the development of India’s low-carbon energy sector.

Aim: To help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate finance for low-carbon energy investments

The program will support the successful implementation of the National Green Hydrogen Mission which aims to stimulate $100 billion in private-sector investment by 2030.