India's Renewable Revolution Has a Funding Problem

India has been investing heavily in the development of its renewable energy sector in recent years to support a green transition. While the government has repeatedly called on the international community to support its transition with funding to little avail, the state has financed a wide range of renewable energy and clean tech projects. However, the South Asian country is still heavily dependent on coal, oil, and gas, and its power demand is growing larger every year, suggesting that more needs to be done to accelerate the deployment of new green…