Overview
- Industry body CII estimates India needs about USD 1 trillion for green investments over the next 10–15 years and nearly USD 10 trillion by 2070, with current flows covering only roughly 25% of the requirement.
- CII’s proposed Green Finance Institution would be domiciled in GIFT City and offer concessional loans, equity support, credit guarantees, and securitisation to lower project costs across renewables, clean mobility, buildings, and industrial decarbonisation.
- The chamber suggests the GFI be structured as an intermediary seeded by multilateral development banks, sovereign wealth funds, and philanthropies, requiring no direct fiscal outlay.
- A Green Tech Expo Fund is proposed to help Indian clean‑tech firms participate in global sustainability and technology expos and connect with international investors, buyers, and technology partners.
- CII also recommends mandatory recycling and urban‑mining targets for batteries and electronics, incentives and fast‑track clearances to build domestic refining and strategic stockpiles of recovered minerals, time‑bound circular economy parks (15 in three years, 45 in five), and a unified digital clearance authority with risk‑based fast‑track approvals.