Ease of Doing Business resonates – Blended Financing: India’s key of $ 2 trillion Circular Economy

0
63

India’s emerging tech piloting agency Ease of Doing Business (EoDB) in a dialogue today on
Climate Financing to build $2 Trillion Circular Economy extensively argued on the need for
‘Blended Financing’ for sectors to achieve their 2030 Climate Ambitions

The participation from a slew of distinguished technocrats and experts including Ex NITI CEO Amitabh Kant, G20 Sherpa of India, Lt. Gen Vinod Khandare, Principal Advisor, Ministry of Defence, GoI; Vinit Goenka, Secretary – CKS, Sudhendu J. Sinha, Advisor- NITI Aayog GoI; Abhijeet Sinha, Technocrat & Program Director – EoDB; Brijesh Sujan, Co-founder – Huse Mobility; Dr. D S Rana CMD – ERISHA, Amit Bhatt, MD – ICCT and other industry experts.
As a robust start EoDB also released 1 st list of power & petroleum PSUs who are set to avail Blended Financing from Public Private Partnership (PPP) collation on Annuity Hybrid E- Mobility (AHEM) model; to build 3 rd generation Green Charging / H2 Fuelling stations on 5500 Km E-highways enabling clean transport on Bharatmala and Sagarmala stretches in NHEV; funded by HDFC Bank with Rs. 3672 Crore for construction in the 1 st phase.

Mr Abhijeet Sinha, Director, EODB & National Highway for EV, said, India will become
the third largest economy by 2030 and the national economy is getting potentially calibrated to have a robust Circular Economy as well by design.

Mr. Vinit Goenka, Secretary – CKS, said, “India is standing at a crossroad where either it takes advantage of the technology or lags behind. Geospatial Technology helps us to reduce errors and forecast climate changes in precision.

dialogue Lt. Gen Vinod Khandare, Principal Advisor, Ministry of Defence, GoI said “We must ensure that our exploration of alternative energy solutions is not limited to urban areas but also extends to those residing in remote and distant parts of the country.

Mr. Sudhendu Sinha, Advisor – NITI Aayog and Co-Chair NHEV Knowledge Group said, Examining the actions taken by the Ministry of Home Affairs (MHA) and the Finance Ministry concerning the initial villages of the country.

Mr. Vinit Goenka, Secretary – CKS said “India is standing at a crossroad where either it
takes advantage of the technology or lags behind.

India aims to attract $253-263 billion in clean energy investments, rising to $325-355 billion over 2031-2035, necessitating substantial climate finance flows. The focus is on creating an investment environment that fosters bankable projects, mitigates risks in adopting new technologies, ensures regulatory stability and stimulates financial sector innovation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here