2. Why Green Energy ?
• Fossil fuels is the biggest source
of pollution.
• Coal alone, source of 41% of the
world’s electricity.
• Pollution causes disease,
degradation and climate change.
• 23 % of the global disease
burden due to pollution (WHO).
• Air pollution cause of 1.3 million
premature deaths yearly .
• Green energy is solution to all
such distress.
4. Opportunities in India
• Over dependence on
dirty fossil fuel 64%.
• Renewable energy
constitute just 10%.
• India already facing
pollution impact.
• Huge potential and
wider geographical
spread.
6. Where the Funds will come from?
Domestic Funding Agencies
• Commercial Banks
• Infrastructure Bonds
• Capital market
• Insurance Companies
• Public Pension Funds
• Other financial Institutions
• Budgetary Provisions of
Government
International Funding Agencies
• IDA Psw
• MDBs
• IFC
• ODA
7. IDA -unlocking opportunity
• The International Development Association (IDA) is
the part of the World Bank that helps the world’s
poorest countries.
• Private Sector Window (PSW) of IDA, mobilize funds
for private sector investment.
• Merits of this funding:
-Complementary investments.
-Providing guarantees
-Making direct invest in the private sector
8. Private Sector-the lead actor
• Private sector finances, a key part of the global development
agenda .
• The Development Assistance from MDBs, IDA and the
Government would act as a catalyst for mobilizing funds,
creating an enabling environment.
• Private sector has to play a critical role through creating
sustainable pathways out of poverty for millions.
• Private Sector provides most of the finances, new
technologies and operational efficiency and make the
environment competitive.
9. Expected Outcomes
• Mobilization of finances
• Energy for development
• Pollution free clean energy
• Improved environment and health
• Climate change mitigation
• Meeting of SDGs