India's Green Transition Gains Momentum with $386 Billion in Funding Pledges

India has been asking investors to support its green transition for several years, and its renewable energy industry appears to finally be picking up momentum. The South Asian country continues to rely heavily on fossil fuels, with no possibility of a rapid shift away from oil, gas and coal to renewable alternatives. However, the government aims to achieve net-zero carbon emissions by 2070, which means it will have to accelerate the growth of its green energy capacity in line with its rapid population growth.  India’s government produced…