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World Bank

Climate love

World Bank approves $1.5 bln financing for India's low carbon energy sector

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The World Bank said on Friday it has approved $1.5 billion in financing to accelerate the development of India's low carbon energy sector.
The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.

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  • Gorffly mokua

    44 w

    Great! But they should make a follow up to ensure the money is directly channeled to the intended program.

    • We Don't Have Time

      50 w

      Dear Rashid Kamau Thank you for getting your climate love to level 2! We have reached out to World Bank and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time

      • George Kariuki

        50 w

        This is a massive step in the right direction.

        • winnie nguru

          50 w

          This is commendable. India can now accelerate renewable energy for all

          • Kevin

            50 w

            Financing goes a long way in mitigating effects of climate change ad averting disasters

            • Ajema Lydiah

              50 w

              @Kevin true

            • Ajema Lydiah

              50 w

              great,financing countries can help mitigate climate change

              • Elizabeth Gathigia

                50 w

                @ajema_lydiah Alot indeed

              Welcome, let's solve the climate crisis together
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