{"id":1739,"date":"2023-11-29T14:08:32","date_gmt":"2023-11-29T19:08:32","guid":{"rendered":"https:\/\/www.bloomberg.com\/cfli\/india\/"},"modified":"2024-06-17T22:16:56","modified_gmt":"2024-06-18T02:16:56","slug":"india","status":"publish","type":"page","link":"https:\/\/www.bloomberg.com\/cfli\/india\/","title":{"rendered":"India"},"content":{"rendered":"<div class='bbg-row bbg-bg--white bbg-bg--has-media' data-anchor='row-69fe1fff9fb2f'>\n  <style>\n  div[data-anchor=row-69fe1fff9fb2f] {\n    background-image: url(https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/GettyImages-545595243-new-crop.jpg);\n  }\n  @media screen and ( min-width: 760px ) and ( max-width: 1020px ) {\n    div[data-anchor=row-69fe1fff9fb2f] {\n        background-image: url(https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/GettyImages-545595243-new-crop.jpg);\n    }\n  }\n  @media screen and ( max-width: 759px ) {\n    div[data-anchor=row-69fe1fff9fb2f] {\n        background-image: url(https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/GettyImages-545595243-new-crop.jpg);\n    }\n  }\n<\/style>\n\n\t\n\t\n\t<div class=\"bbg-row--content bbg-height--custom\" style=\"min-height:55vh;\">\n\t\t\n\t\t\t<div id='hero' style=\"background-color:#ffffff;color:#000;\" class='bbg-column bbg-column--width-2_12 bbg-column--halign-center bbg-column--m-width-4_8 bbg-column--s-width-3_4 bbg-column--has-bg-color'>\n\t<div class='bb-wysiwyg'>\n    \n    <h1>India<\/h1>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row jumplinks-component bbg-bg--custom-color  bbg-bg--f1f1f1 bbg-text--white bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffa21a1' id='desktop-jumplink'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffa21a1]{\n    background-color: #f1f1f1;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div style=\"background-color:#f1f1f1;color:#000;\" class='bbg-column bbg-column--has-bg-color'>\n\t<div class=\"jump-links jump-links--light-grey\">\n    <div class=\"sticky-wrapper\">\n        <section class=\"jump-links-carousel\">\n            <img decoding=\"async\" alt=\"left arrow\" class=\"arrow left\" src=\"data:image\/png;base64,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\" \/>\n            <div><\/div>\n            <img decoding=\"async\" alt=\"right arrow\" class=\"arrow right\" src=\"data:image\/png;base64,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\" \/>\n        <\/section>\n    <\/div>\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffa341a'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2>Mobilizing capital for India\u2019s climate goals<\/h2>\n<p>India is one of the most vulnerable countries to climate change with more than 80% of its population susceptible to increasingly unpredictable extreme hydro-met disasters. Recognizing the need to mitigate these climate risks, the country has announced ambitious goals to decarbonize its economy by reducing its carbon intensity by at least 45%, reaching 500 GW of non-fossilized energy capacity, and fulfilling 50% of its energy requirements via renewable energy \u2013 all by the end of this decade.<\/p>\n<p>While India is one of the fastest-growing global economies, the country has already faced losses of more than 16% of its per capita gross domestic product due to climate events since the early 1990s \u2013 signifying the importance of sustainable development. India will need $10.1 trillion to meet its 2070 net-zero target and $12.7 trillion of energy transition investment to realize net zero in advance of that \u2013 translating to $438 billion annually through 2050. This represents a marked increase from the $17 billion of clean energy investment in 2022.<\/p>\n<p>To facilitate further climate finance into India, a bottom-up pipeline of investment opportunities in climate projects is needed coupled with increased public-private collaboration on policies to strengthen the local enabling environment. By convening leading Indian financial institutions and corporates alongside international firms, the multilateral development community, and policymakers, CFLI India seeks to mobilize private capital at scale into sectors aligned with the Government of India\u2019s climate priorities through catalytic climate solutions that can be replicated and scaled across India and exported globally.<\/p>\n<p>CFLI India was launched at the 11th India-UK Economic and Financial Dialogue in September 2021 by the Indian and UK Finance Ministers. To find out more, <a href=\"https:\/\/www.bloomberg.com\/company\/press\/governments-of-india-and-the-united-kingdom-join-forces-with-un-special-envoy-on-climate-ambition-and-solutions-michael-bloomberg-to-mobilize-private-capital-in-support-of-indias-low-carbon-t\/\">read the press release<\/a>.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section bbg-bg--custom-color  bbg-bg--efece7 bbg-text--white bbg-row--margin-top-compact bbg-row--margin-bottom-none' data-anchor='row-69fe1fffa44f3' id='demonstrated-action'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffa44f3]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='center' class='bbg-column'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2 style=\"text-align: center\">Demonstrated action<\/h2>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section-stat bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffa5492' id='demonstrated-action'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffa5492]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='mobile-stats' class='bbg-column bbg-column--width-6_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2>10<\/h2>\n<p style=\"font-size: 16px;margin-bottom: 0px;margin-top: -15px !important\">leading Indian and international firms in partnership with government and multilateral stakeholders executing catalytic financing concepts<\/p>\n\n<\/div>\n\n\n<\/div>\n<div id='mobile-stats' class='bbg-column bbg-column--width-6_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2>9<\/h2>\n<p style=\"font-size: 16px;margin-bottom: 0px;margin-top: -15px !important\">climate concepts designed to mobilize private climate finance at scale and strengthen enabling environment policies<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none row-jump-link-section' data-jump-link-label='Areas of focus' data-anchor='row-69fe1fffa673c' id='row-69fe1fffa673c'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-4_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2>Areas of focus<\/h2>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-8_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>In support of the Government of India&#8217;s climate ambitions and national strategy, CFLI India is structuring catalytic financing opportunities and crafting policy solutions targeted at sectors not yet receiving financing at scale due to market, sector, and technology-specific risks in the India market.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffa7a59'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='icon' class='bbg-column bbg-column--width-1_12 bbg-column--valign-middle bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img decoding=\"async\" class=\"alignnone size-full wp-image-1416\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/E-Mobility-icon-1.svg\" \/><\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-8_12 bbg-column--valign-middle mobile-icon-text'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3>Scaling Electric Mobility and Charging Infrastructure<\/h3>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row tabs bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact bbg-h-show-desktop' data-anchor='row-69fe1fffaa975'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t\t<div class=\"bbg-cfli-tabs bbg-cfli-tabs--vertical bbg-cfli-tabs--left\"><\/div>\n\n<\/div>\n<div class='bbg-column bbg-column--width-9_12 bbg-column--with-tab-content'>\n\t    <div class=\"bbg-cfli-tab-content-placeholder\" data-tab-row-ids=\"the-issue the-goal whats-required the-value\"><\/div>\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The challenge' data-anchor='row-69fe1fffabcd1' id='the-issue'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Decarbonizing the transport sector by expanding electric vehicle (EV) manufacturing and adoption in addition to developing the required charging infrastructure and battery storage will be critical to realizing India\u2019s low-carbon, climate-resilient development goals. Despite early progress, further financing support across the EV value chain is required to drive uptake against more cost competitive, higher-emissions alternatives. <\/span><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The goal' data-anchor='row-69fe1fffacd07' id='the-goal'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Electric vehicle adoption is critical to meeting the country\u2019s 2070 net-zero target, in addition to supporting domestic emissions abatement. CFLI India\u2019s solutions support the Government of India\u2019s national EV policy &#8211;\u00a0 the Faster Adoption and Manufacturing of Electric Vehicles Scheme \u2013 and work towards the NITI Aayog\u2019s ambitions to achieve 30% of EV sales by 2030.<\/span><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='What&#039;s required' data-anchor='row-69fe1fffadeb4' id='whats-required'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>An estimated <a href=\"https:\/\/rmi.org\/insight\/mobilizing-finance-for-evs-in-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">$266 billion<\/a> billion is needed across India\u2019s e-mobility ecosystem in areas such as component manufacturing, batteries, and grid and charging infrastructure.<\/p>\n<p>CFLI India members are driving the adoption of electric vehicles in India by offering attractive leasing and financing for EVs, promoting grid infrastructure upgradation and funding, and advocating for policy support to attract further private investment across the EV value chain.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The value' data-anchor='row-69fe1fffaee76' id='the-value'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Mobilizing capital to aid the electrification of India\u2019s road transport will not only help the country reach its investment goal but also provide an opportunity to capitalize on this growing market, which is expected to be valued<\/span>\u00a0at <a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/02\/06\/2601985\/0\/en\/India-Electric-Vehicle-Market-Size-worth-USD-113-99-Billion-Globally-by-2029-at-a-CAGR-of-66-52.html\" target=\"_blank\" rel=\"noopener noreferrer\">over $100 billion<\/a> at the end of the decade.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-hide-desktop' data-anchor='row-69fe1fffafd0f'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<p>[vc_tta_accordion color=&#8221;white&#8221; c_position=&#8221;right&#8221; active_section=&#8221;0&#8243; collapsible_all=&#8221;true&#8221;][vc_tta_section title=&#8221;The challenge&#8221; tab_id=&#8221;1691768316638-003fd439-786b&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Decarbonizing the transport sector by expanding electric vehicle (EV) manufacturing and adoption in addition to developing the required charging infrastructure and battery storage will be critical to realizing India\u2019s low-carbon, climate-resilient development goals. Despite early progress, further financing support across the EV value chain is required to drive uptake against more cost competitive, higher-emissions alternatives.<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The goal&#8221; tab_id=&#8221;1691768912854-95600f4d-f9cd&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Electric vehicle adoption is critical to meeting the country\u2019s 2070 net-zero target, in addition to supporting domestic emissions abatement. CFLI India\u2019s solutions support the Government of India\u2019s national EV policy &#8211;\u00a0 the Faster Adoption and Manufacturing of Electric Vehicles Scheme \u2013 and work towards the NITI Aayog\u2019s ambitions to achieve 30% of EV sales by 2030.<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;What&#8217;s required&#8221; tab_id=&#8221;1691768911999-fd87b711-2aaf&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>An estimated <a href=\"https:\/\/rmi.org\/insight\/mobilizing-finance-for-evs-in-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">$266 billion<\/a> <span style=\"font-weight: 400\">is needed across India\u2019s e-mobility ecosystem in areas such as component manufacturing, batteries, and grid and charging infrastructure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">CFLI India members are driving the adoption of electric vehicles in India by offering attractive leasing and financing for EVs, promoting grid infrastructure upgradation and funding, and advocating for policy support to attract further private investment across the EV value chain.\u00a0\u00a0<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The value&#8221; tab_id=&#8221;1691768316649-7eab11b8-d7de&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Mobilizing capital to aid the electrification of India\u2019s road transport will not only help the country reach its investment goal but also provide an opportunity to capitalize on this growing market, which is expected to be valued<\/span>\u00a0at <a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/02\/06\/2601985\/0\/en\/India-Electric-Vehicle-Market-Size-worth-USD-113-99-Billion-Globally-by-2029-at-a-CAGR-of-66-52.html\" target=\"_blank\" rel=\"noopener noreferrer\">over $100 billion<\/a> at the end of the decade.<\/p>\n\n<\/div>\n[\/vc_tta_section][\/vc_tta_accordion]<\/p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none' data-anchor='row-69fe1fffb1256' id='bullet-blurb'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-7_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3 style=\"font-size: 20px !important;font-weight: bold\">CFLI India&#8217;s solutions<\/h3>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffb2110' id='bullets'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-4_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/CFS-02-icon-alt.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Financing solutions<\/p>\n<ul>\n<li>India EV Leasing and Financing Platform<\/li>\n<li>Financing for Small Commercial Electric Vehicles<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n<div id='bullet-blurb' class='bbg-column bbg-column--width-5_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -9px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/folded-paper-icon.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Policy solutions<\/p>\n<ul>\n<li><span style=\"font-weight: 400\">Expanding Priority Sector Lending to EVs and the EV Ecosystem<\/span><\/li>\n<li><span style=\"font-weight: 400\">Grid Infrastructure Upgradation and EV Charging Integration<\/span><\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffb391b'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<\/p>\n<div class=\"bb-separator\" data-color=\"\">\n\t<hr class=\"bb-separator__rule\">\n<\/div>\n\n<p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffb48cd'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='icon' class='bbg-column bbg-column--width-1_12 bbg-column--valign-middle bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img decoding=\"async\" class=\"alignnone size-full wp-image-1416\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/Circular-Economy-icon.svg\" \/><\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-8_12 bbg-column--valign-middle mobile-icon-text'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3>Partnering to Develop State-Level Circular Economy Infrastructure<\/h3>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row tabs bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact bbg-h-show-desktop' data-anchor='row-69fe1fffb7b8f'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t\t<div class=\"bbg-cfli-tabs bbg-cfli-tabs--vertical bbg-cfli-tabs--left\"><\/div>\n\n<\/div>\n<div class='bbg-column bbg-column--width-9_12 bbg-column--with-tab-content'>\n\t    <div class=\"bbg-cfli-tab-content-placeholder\" data-tab-row-ids=\"the-issue-1 the-goal-1 whats-required-1 the-value-1\"><\/div>\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The challenge' data-anchor='row-69fe1fffb8c00' id='the-issue-1'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><a href=\"https:\/\/www.nationalheraldindia.com\/india\/600-million-indians-face-high-to-extreme-water-stress-niti-aayog-report\" target=\"_blank\" rel=\"noopener noreferrer\">600 million Indians face high-to-extreme water stress<\/a>. <span style=\"font-weight: 400\">As climate-related weather events increase, India\u2019s water, sewage, and waste infrastructure will continue to come under severe strain. State level water infrastructure improvements are needed to ensure water security in India and require alternative funding sources to meet the estimated<\/span> <a href=\"https:\/\/outlook.gihub.org\/countries\/India\" target=\"_blank\" rel=\"noopener noreferrer\">$373 billion<\/a> forecasted need through 2040.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The goal' data-anchor='row-69fe1fffb9e23' id='the-goal-1'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">CFLI India members complement the Government of India\u2019s efforts such as the Swach Bharat Mission-Urban 2.0 and AMRUT (Atal Mission for Rejuvenation and Urban Transformation) Mission to encourage the development of India\u2019s circular economy at the municipal level and increase the operational sewage treatment capacity of Urban Local Bodies.\u00a0<\/span><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-tab-label='What&#039;s required' data-anchor='row-69fe1fffbae7e' id='whats-required-1'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <div style=\"padding-top: 20px\">\n<p>Due to large funding requirements over the next few years, state governments will need alternative funding sources (e.g., raising municipal bonds) to access commercial capital and attract additional private sector investments via public-private partnerships.<\/p>\n<p>CFLI India members have developed two innovative financing mechanisms to unlock capital to drive investment into water and wastewater infrastructure by enabling municipalities with lower credit ratings access to the commercial debt market.<\/p>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The value' data-anchor='row-69fe1fffbbeb0' id='the-value-1'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Mobilizing climate finance for wastewater treatment and reuse will secure an increase in potable water, ensure that gray and black water are effectively managed, and develop a scalable framework for public-private collaboration to pursue state and municipal level circular economy projects.<\/span><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-hide-desktop' data-anchor='row-69fe1fffbce9d'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<p>[vc_tta_accordion color=&#8221;white&#8221; c_position=&#8221;right&#8221; active_section=&#8221;0&#8243; collapsible_all=&#8221;true&#8221;][vc_tta_section title=&#8221;The challenge&#8221; tab_id=&#8221;1693225512321-40b0bd91-b158&#8243;]<div class='bb-wysiwyg'>\n    \n    <p><a href=\"https:\/\/www.nationalheraldindia.com\/india\/600-million-indians-face-high-to-extreme-water-stress-niti-aayog-report\" target=\"_blank\" rel=\"noopener noreferrer\">600 million Indians face high-to-extreme water stress<\/a>. <span style=\"font-weight: 400\">As climate-related weather events increase, India\u2019s water, sewage, and waste infrastructure will continue to come under severe strain. State level water infrastructure improvements are needed to ensure water security in India and require alternative funding sources to meet the estimated<\/span> <a href=\"https:\/\/outlook.gihub.org\/countries\/India\" target=\"_blank\" rel=\"noopener noreferrer\">$373 billion<\/a> forecasted need through 2040.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The goal&#8221; tab_id=&#8221;1693225512489-1ddf10c4-b4fb&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">CFLI India members complement the Government of India\u2019s efforts such as the Swach Bharat Mission-Urban 2.0 and AMRUT (Atal Mission for Rejuvenation and Urban Transformation) Mission to encourage the development of India\u2019s circular economy at the municipal level and increase the operational sewage treatment capacity of Urban Local Bodies.\u00a0<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;What&#8217;s required&#8221; tab_id=&#8221;1693225512654-72832ca5-e12d&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>Due to large funding requirements over the next few years, state governments will need alternative funding sources (e.g., raising municipal bonds) to access commercial capital and attract additional private sector investments via public-private partnerships.<\/p>\n<p>CFLI India members have developed two innovative financing mechanisms to unlock capital to drive investment into water and wastewater infrastructure by enabling municipalities with lower credit ratings access to the commercial debt market.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The value&#8221; tab_id=&#8221;1693225512821-72cd9f66-d7c3&#8243; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">Mobilizing climate finance for wastewater treatment and reuse will secure an increase in potable water, ensure that gray and black water are effectively managed, and develop a scalable framework for public-private collaboration to pursue state and municipal level circular economy projects.<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][\/vc_tta_accordion]<\/p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none' data-anchor='row-69fe1fffbebf9'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-7_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3 style=\"font-size: 20px !important;font-weight: bold\">CFLI India&#8217;s solutions<\/h3>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffbfab9' id='bullets'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-4_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/CFS-02-icon-alt.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Financing solutions<\/p>\n<ul>\n<li>Partial Risk Guarantee Facility for Municipal Water Infrastructure<\/li>\n<li>Pooled Credit Risk Vehicle for Municipal Water Infrastructure<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n<div id='bullet-blurb' class='bbg-column bbg-column--width-5_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffc0b6a'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<\/p>\n<div class=\"bb-separator\" data-color=\"\">\n\t<hr class=\"bb-separator__rule\">\n<\/div>\n\n<p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffc1b0c'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='icon' class='bbg-column bbg-column--width-1_12 bbg-column--valign-middle bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img decoding=\"async\" class=\"alignnone size-full wp-image-1416\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/hard-to-abate-icon.svg\" \/><\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-8_12 bbg-column--valign-middle mobile-icon-text'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3>Unlocking Finance for Green Hydrogen Production<\/h3>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row tabs bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact bbg-h-show-desktop' data-anchor='row-69fe1fffc4139'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t\t<div class=\"bbg-cfli-tabs bbg-cfli-tabs--vertical bbg-cfli-tabs--left\"><\/div>\n\n<\/div>\n<div class='bbg-column bbg-column--width-9_12 bbg-column--with-tab-content'>\n\t    <div class=\"bbg-cfli-tab-content-placeholder\" data-tab-row-ids=\"the-issue-2 the-goal-2 whats-required-2 the-value-2\"><\/div>\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The challenge' data-anchor='row-69fe1fffc4fa5' id='the-issue-2'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Rapid industrialization is bolstering India\u2019s steel, cement, and chemical industries, all of which emit considerable levels of carbon dioxide into the atmosphere. <a href=\"https:\/\/www.teriin.org\/sites\/default\/files\/files\/Achieving_Green_Steel_Roadmap.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Industrial carbon dioxide emissions from steel and iron are expected to increase more than three-fold by 2050, signifying a need for decarbonization solutions to support India\u2019s energy transition<\/a>.<\/p>\n<p>However, encouraging offtake for decarbonizing technologies such as green hydrogen can be challenging due to high capital costs and a lack of incentives or revenue models. In other cases, the necessary technologies require further development to reach commercialization.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The goal' data-anchor='row-69fe1fffc5e61' id='the-goal-2'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>The Government of India has signaled, through its National Green Hydrogen Mission, an ambition to build leading domestic expertise around leveraging green hydrogen technology for industrial decarbonization. CFLI India members support the country\u2019s burgeoning green hydrogen industry as developers of green hydrogen plants, financiers of hydrogen projects, and potential consumers of green hydrogen.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='What&#039;s required' data-anchor='row-69fe1fffc6d5a' id='whats-required-2'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>An enabling environment that mandates domestic offtake, facilitates supply, and creates enabling infrastructure is necessary to promote the development of green hydrogen and its derivatives in the country.<\/p>\n<p>CFLI India members are developing green ammonia production &#8211; a derivative of green hydrogen used in fertilizer and as a green fuel &#8211; and delivering a private sector perspective on policy measures required to unlock financing for green hydrogen production.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The value' data-anchor='row-69fe1fffc7b41' id='the-value-2'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">As a consumer, manufacturer, and exporter of green hydrogen and ammonia, India can decarbonize its industrial and energy sectors and reduce its dependence on the import of fossil fuels.<\/span><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-hide-desktop' data-anchor='row-69fe1fffc8914'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<p>[vc_tta_accordion color=&#8221;white&#8221; c_position=&#8221;right&#8221; active_section=&#8221;0&#8243; collapsible_all=&#8221;true&#8221;][vc_tta_section title=&#8221;The challenge&#8221; tab_id=&#8221;1693225709680-0fa4ef02-5494&#8243;]<div class='bb-wysiwyg'>\n    \n    <p>Rapid industrialization is bolstering India\u2019s steel, cement, and chemical industries, all of which emit considerable levels of carbon dioxide into the atmosphere. <a href=\"https:\/\/www.teriin.org\/sites\/default\/files\/files\/Achieving_Green_Steel_Roadmap.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Industrial carbon dioxide emissions from steel and iron are expected to increase more than three-fold by 2050, signifying a need for decarbonization solutions to support India\u2019s energy transition<\/a>.<\/p>\n<p>However, encouraging offtake for decarbonizing technologies such as green hydrogen can be challenging due to high capital costs and a lack of incentives or revenue models. In other cases, the necessary technologies require further development to reach commercialization.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The goal&#8221; tab_id=&#8221;1693225709720-99265f02-8c0d&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>The Government of India has signaled, through its National Green Hydrogen Mission, an ambition to build leading domestic expertise around leveraging green hydrogen technology for industrial decarbonization. CFLI India members support the country\u2019s burgeoning green hydrogen industry as developers of green hydrogen plants, financiers of hydrogen projects, and potential consumers of green hydrogen.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;What&#8217;s required&#8221; tab_id=&#8221;1693225709759-eb4a10f1-ddcc&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>An enabling environment that mandates domestic offtake, facilitates supply, and creates enabling infrastructure is necessary to promote the development of green hydrogen and its derivatives in the country.<\/p>\n<p>CFLI India members are developing green ammonia production &#8211; a derivative of green hydrogen used in fertilizer and as a green fuel &#8211; and delivering a private sector perspective on policy measures required to unlock financing for green hydrogen production.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The value&#8221; tab_id=&#8221;1693225709799-cab577d1-ec5c&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">As a consumer, manufacturer, and exporter of green hydrogen and ammonia, India can decarbonize its industrial and energy sectors and reduce its dependence on the import of fossil fuels.<\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][\/vc_tta_accordion]<\/p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none' data-anchor='row-69fe1fffc9d8d'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-7_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3 style=\"font-size: 20px !important;font-weight: bold\">CFLI India&#8217;s solutions<\/h3>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffcac82' id='bullets'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-4_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/CFS-02-icon-alt.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Financing solution<\/p>\n<ul>\n<li>Green Ammonia Production<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n<div id='bullet-blurb' class='bbg-column bbg-column--width-5_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -9px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/folded-paper-icon.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Policy solution<\/p>\n<ul>\n<li><a href=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2024\/05\/Financing-Green-Hydrogen-in-India-June-2024.pdf\">Financing Green Hydrogen in India<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffcc18b'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<\/p>\n<div class=\"bb-separator\" data-color=\"\">\n\t<hr class=\"bb-separator__rule\">\n<\/div>\n\n<p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffcce88'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='icon' class='bbg-column bbg-column--width-1_12 bbg-column--valign-middle bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img decoding=\"async\" class=\"alignnone size-full wp-image-1416\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/Enabling-Infrastructures-Icons.svg\" \/><\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-9_12 bbg-column--valign-middle mobile-icon-text'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3>Enabling Infrastructure for Growth in Renewable Power through Open Access<\/h3>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-2_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row tabs bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact bbg-h-show-desktop' data-anchor='row-69fe1fffcfeb3'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t\t<div class=\"bbg-cfli-tabs bbg-cfli-tabs--vertical bbg-cfli-tabs--left\"><\/div>\n\n<\/div>\n<div class='bbg-column bbg-column--width-9_12 bbg-column--with-tab-content'>\n\t    <div class=\"bbg-cfli-tab-content-placeholder\" data-tab-row-ids=\"the-issue-3 the-goal-3 whats-required-3 the-value-3\"><\/div>\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The challenge' data-anchor='row-69fe1fffd0ef3' id='the-issue-3'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><a href=\"https:\/\/www.reuters.com\/business\/energy\/india-electricity-demand-seen-growing-72-annually-till-202627-2022-09-08\/\" target=\"_blank\" rel=\"noopener noreferrer\">By 2027, demand for power in India is expected to increase 41% from \u201921-\u201822 levels<\/a>. India\u2019s focus on renewables will help low-carbon projects fuel a significant portion of the increased energy demand and will require corresponding infrastructure improvements. Efficiently integrating these renewables into transmission and distribution infrastructure will be vital to transitioning from carbon intense energy sources and solving recurring supply and demand challenges.<\/p>\n<p>While private lenders and investors are financing utility-scale renewables, additional private finance will be required to reduce reliance on public finance. This will drive grid infrastructure investments, innovations in grid-scale storage, and other smart-grid technologies.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The goal' data-anchor='row-69fe1fffd20c8' id='the-goal-3'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>CFLI India members support the development of India\u2019s renewable energy market and enabling infrastructure. In particular, members support the government\u2019s commitment to generate approximately 50% of power by 2030 from non-fossil fuel-based energy sources.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='What&#039;s required' data-anchor='row-69fe1fffd3144' id='whats-required-3'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Legislative, policy, and regulatory changes coupled with public-private finance of approximately $223 billion will be required to de-risk renewable energy projects and provide energy price security to consumers.<\/p>\n<p>CFLI India members are supporting the development of wholesale and flexible power markets through the development of a market-based mechanism that would serve as an alternative to long-term Power Purchase Agreements for distribution companies designed to reduce investment risk and, by extension, potential costs of renewable energy development.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-tab-label='The value' data-anchor='row-69fe1fffd41ac' id='the-value-3'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8_12 bbg-column--s-width-4_4 bbg-h-hide-mobile bbg-h-hide-tablet'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Improving the bankability of renewable energy projects will support the country\u2019s adoption of new or less established renewable technologies and in meeting <span style=\"font-weight: 400\">its<\/span> long-term energy transition goals.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-hide-desktop' data-anchor='row-69fe1fffd52cd'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<p>[vc_tta_accordion color=&#8221;white&#8221; c_position=&#8221;right&#8221; active_section=&#8221;0&#8243; collapsible_all=&#8221;true&#8221;][vc_tta_section title=&#8221;The challenge&#8221; tab_id=&#8221;1693225887757-b2186e8f-4490&#8243;]<div class='bb-wysiwyg'>\n    \n    <p><a href=\"https:\/\/www.reuters.com\/business\/energy\/india-electricity-demand-seen-growing-72-annually-till-202627-2022-09-08\/\" target=\"_blank\" rel=\"noopener noreferrer\">By 2027, demand for power in India is expected to increase 41% from \u201921-\u201822 levels<\/a>. India\u2019s focus on renewables will help low-carbon projects fuel a significant portion of the increased energy demand and will require corresponding infrastructure improvements. Efficiently integrating these renewables into transmission and distribution infrastructure will be vital to transitioning from carbon intense energy sources and solving recurring supply and demand challenges.<\/p>\n<p>While private lenders and investors are financing utility-scale renewables, additional private finance will be required to reduce reliance on public finance. This will drive grid infrastructure investments, innovations in grid-scale storage, and other smart-grid technologies.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The goal&#8221; tab_id=&#8221;1693225887798-0573b07d-7355&#8243;]<div class='bb-wysiwyg'>\n    \n    <p><span style=\"font-weight: 400\">CFLI India <\/span><span style=\"font-weight: 400\">members support<\/span><span style=\"font-weight: 400\"> the development of India\u2019s renewable energy market and enabling infrastructure. <\/span><span style=\"font-weight: 400\">In particular, members support<\/span><span style=\"font-weight: 400\"> the government\u2019s commitment to generate approximately 50% of power by 2030 from non-fossil fuel-based energy sources. <\/span><\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;What&#8217;s required&#8221; tab_id=&#8221;1693225887839-e1e7638d-a241&#8243; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>Legislative, policy, and regulatory changes coupled with public-private finance of approximately $223 billion will be required to de-risk renewable energy projects and provide energy price security to consumers.<\/p>\n<p>CFLI India members are supporting the development of wholesale and flexible power markets through the development of a market-based mechanism that would serve as an alternative to long-term Power Purchase Agreements for distribution companies designed to reduce investment risk and, by extension, potential costs of renewable energy development.<\/p>\n\n<\/div>\n[\/vc_tta_section][vc_tta_section title=&#8221;The value&#8221; tab_id=&#8221;1693225887881-3f60496e-8c9b&#8221; el_class=&#8221;accordion-redesign&#8221;]<div class='bb-wysiwyg'>\n    \n    <p>Improving the bankability of renewable energy projects will support the country\u2019s adoption of new or less established renewable technologies and in meeting its long-term energy transition goals.<\/p>\n\n<\/div>\n[\/vc_tta_section][\/vc_tta_accordion]<\/p>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none' data-anchor='row-69fe1fffd6c33'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-7_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <h3 style=\"font-size: 20px !important;font-weight: bold\">CFLI India&#8217;s solutions<\/h3>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--grey  bbg-text--black bbg-row--margin-top-none' data-anchor='row-69fe1fffd7c17' id='bullets'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='bullet-blurb' class='bbg-column bbg-column--width-4_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -9px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/folded-paper-icon.svg\" width=\"32\" height=\"32\" \/><\/div>\n<div>\n<p style=\"font-size: 16px;font-weight: 600;margin-bottom: 20px\">Policy solution<\/p>\n<ul>\n<li>Design of a Market-based Mechanism to Accelerate Renewable Integration in India<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n<div id='bullet-blurb' class='bbg-column bbg-column--width-5_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-none row-jump-link-section' data-jump-link-label='Members' data-anchor='row-69fe1fffd8e5c' id='row-69fe1fffd8e5c'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffd8e5c]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div id='center' class='bbg-column'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2 style=\"text-align: center\">CFLI India members<\/h2>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none' data-anchor='row-69fe1fffd9f75'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffd9f75]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"font-size: 24px;font-weight: 400\">CFLI India co-chairs<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-compact' data-anchor='row-69fe1fffdae39'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffdae39]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">N. Chandrasekaran<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">Chairman<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">Tata Sons<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Shemara Wikramanayake<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">MD and CEO<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">Macquarie Group<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row co-chairs bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-compact bbg-row--margin-bottom-compact' data-anchor='row-69fe1fffdc2a6'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffdc2a6]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Dr. Jeffrey Jaensubhaki<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">Group CIO<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">GIC Private Limited<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Sonjoy Chatterjee<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">Chairman and CEO, India<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">Goldman Sachs<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">S. Jagdishan<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">CEO and MD<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">HDFC Bank Limited<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Hitendra Dave<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">CEO, India<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">HSBC<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row co-chairs bbg-bg--custom-color  bbg-bg--efece7 bbg-text--black bbg-row--margin-top-compact' data-anchor='row-69fe1fffddd98'>\n  \n\t\n\t<style>\n  div[data-anchor=row-69fe1fffddd98]{\n    background-color: #efece7;\n  }\n<\/style>\n\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Shanti Ekambaram<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">Whole Time Director<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">Kotak Mahindra Bank Limited<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">S.N. Subrahmanyan<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\"><span style=\"font-weight: 400\">Chairman<\/span> and MD<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">Larsen &amp; Toubro Ltd.<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">B.V.R. Subrahmanyam<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">CEO<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">NITI Aayog<\/p>\n\n<\/div>\n\n\n<\/div>\n<div class='bbg-column bbg-column--width-3_12 bbg-column--m-width-4_8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p style=\"margin-bottom: 5px !important;font-weight: 600\">Dinesh Khara<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px !important;margin-top: 0px\">Chairman<\/p>\n<p style=\"font-size: 16px;line-height: 24px;margin-bottom: 0px;margin-top: 0px\">State Bank of India<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row section bbg-bg--white  bbg-row--margin-top-compact bbg-row--margin-bottom-none row-jump-link-section' data-jump-link-label='Strategic partners' data-anchor='row-69fe1fffdf880' id='row-69fe1fffdf880'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2 style=\"text-align: center\">CFLI India strategic partners<\/h2>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-show-desktop' data-anchor='row-69fe1fffe06dc'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--valign-middle bbg-column--halign-center logo'>\n\t<div class='bb-wysiwyg'>\n    \n    <div class=\"darkmode_box_content-logo\">\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/City-of-London.svg\" width=\"174\" height=\"174\" \/><\/div>\n<div>\n<div><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -40px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/GIF-Global-Infrastructure-Facility.png\" width=\"174\" height=\"174\" \/><\/div>\n<\/div>\n<div>\n<div><img decoding=\"async\" style=\"margin-top: -40px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/12\/UK-Gov_STACK_RGB_AW_2020.png\" width=\"174\" \/><\/div>\n<\/div>\n<div><\/div>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-text--black bbg-row--margin-top-none bbg-row--margin-bottom-none bbg-h-hide-desktop' data-anchor='row-69fe1fffe17a9'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\" >\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-4_12 bbg-column--valign-middle bbg-column--halign-center'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-4_12 bbg-column--valign-middle bbg-column--halign-center'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/08\/City-of-London.svg\" width=\"174\" height=\"174\" \/><\/p>\n\n<\/div>\n<div class='bb-wysiwyg'>\n    \n    <p><img loading=\"lazy\" decoding=\"async\" style=\"margin-top: -40px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/09\/GIF-Global-Infrastructure-Facility.png\" width=\"174\" height=\"174\" \/><\/p>\n\n<\/div>\n<div class='bb-wysiwyg'>\n    \n    <p><img decoding=\"async\" style=\"margin-top: -10px\" src=\"https:\/\/assets.bbhub.io\/company\/sites\/55\/2023\/12\/UK-Gov_STACK_RGB_AW_2020.png\" width=\"174\" \/><\/p>\n\n<\/div>\n\n<\/div>\n<div class='bbg-column bbg-column--width-4_12'>\n\t\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"India Mobilizing capital for India\u2019s climate goals India is one of the most vulnerable countries to climate change with more than 80% of its population susceptible to increasingly unpredictable extreme hydro-met disasters. Recognizing the need to mitigate these climate risks, the country has announced ambitious goals to decarbonize its economy by reducing its carbon intensity...","protected":false},"author":375,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1739","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Climate Finance Leadership Initiative<\/title>\n<meta name=\"description\" content=\"Climate Finance Leadership Initiative (CFLI) convenes leading financial institutions to mobilize and scale private capital for climate solutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/cfli\/india\/\" \/>\n<meta property=\"og:locale\" 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