The Climake Newsletter #30: The State of Climate Finance in India 2024
The Climake Newsletter offers quick digests and insights around what is happening in climate finance. While Climake’s current focus of work is largely India-centric, we capture a global perspective of climate finance in this newsletter.
Hello there!
We are back with The State of Climate Finance in India 2024 - the 4th edition of our annual report - published in partnership with Unitus Capital.
We’re thrilled that Forbes is supporting us in launching the report. You can read the Forbes story here about the launch here.
The report continues with our traditional themes of reviewing India’s climate investments trends, projecting pathways through deep-dives on major climate mitigation segments, and identifying investment needs and opportunities in the climate sector.
Additionally, starting with this report, we are focusing our research on climate resilience and adaptation as well. Events over the past year show that we are at an inflection point to address and manage climate change effects. Climate adaptation investment has often been labelled as ‘public goods’ with little role for private sector finance. But we do believe private finance has a role, and an opportunity in addressing the adaptation finance gap. In this 2024 report, we take a first step towards addressing this, as we identify areas of adaptation investment that make sense from both an impact and return perspective, and lay out pathways for participation from private finance.
Read our report to see details about:
Trends in India’s climate investments in 2023
Climate mitigation sector trends and pathways towards 2030
The opportunity in climate adaptation and top five investment areas for private finance participation
India’s funding roadmap till 2030, including overall and private sector investment opportunity in mitigation and adaptation, and what investors need to do to capitalise on this
For those looking to understand a deep-dive on financing instrument for climate mitigation, check out our previous report - “The State of Climate Finance in India 2023”.
Regardless of whether your interest lies in climate mitigation or adaptation, we hope this report leaves you with a deeper understanding of the immense opportunity that exists today: solving for climate change is not just good for the planet, it is also good business and one that we believe needs many more entrepreneurs, investors and ecosystem builders.
Do reach out to us if you would like to connect and engage further in enabling climate finance in India and the region.
As always, send all feedback, compliments and brickbats our way. And of course, we do appreciate you spreading the word about this newsletter.
We’re growing to build something collaborative with you and the more the merrier!
Best,
Simmi Sareen and Shravan Shankar