Fund Sees ‘Significant’ Opportunity in India’s New Climate Plan

India’s new emissions-reduction plans offer significant investment opportunities in sectors related to grid upgrades and storage batteries, according to one of the country’s largest climate-focused funds.

By 2035, the world’s third-largest polluting nation aims to increase the share of electricity generation from cleaner sources to 60%, and plans to cut emissions intensity — the amount per unit of economic output — by 47% from a baseline year of 2005.