How India can attract adequate climate finance

India is not a significant beneficiary of international climate finance. But its needs are substantial. Projections show that the cumulative costs of meeting current NDCs from 2017 till 2030 could be around $7,057 billion (₹515.2 lakh crore), and the gap in financing NDCs from all sources put together could be in the range of $1,140 billion (₹83.2 lakh crore) by 2030.
Last month, 2021 United Nations Climate Change Conference (COP26) President Alok Sharma assured that one of his key goals is to ensure that developed economies make good on their promise to mobilize at least $100 billion (₹7.3 lakh crore) in climate finance a year.