London Stock Exchange welcomes India’s climate & energy transition finance initiative
Climate & Energy Transition Finance Initiative (CETFI) closed the Markets of the London Stock Exchange to celebrate the International Climate & Energy Transition Finance Forum that was hosted on 26th September 2024 in partnership with London Stock Exchange.
CETFI led a delegation of a 30+ Indian climate change mitigation and cleantech companies on a UK roadshow, of which the main event was the Global Investor Dialogue held at London Stock Exchange. The Dialogue featured a CEO & Investors roundtable that discussed innovative finance structures that would help Indian companies to better access the global investor pool. One such structure is listing a feeder fund on exchanges like the London Stock Exchange.
The second half of the event featured presentations and discussions by the delegation to an audience of London based investors & advisers on the green investment opportunities in India.
A CETFI whitepaper-prologue; “India – a USD 5 trillion climate & energy transition opportunity was also released on the occasion.
Climate and Energy Transition Finance in India
With India aiming to reach its 500GW target for renewable energy deployment, a 5 MMT pa target of green hydrogen production, a 20% blending target using biofuels and other significant programmes in the areas of biogas, electric mobility, sustainable agriculture, forestry, waste management, air pollution, river rejuvenation and water resource management, the demand for capital is at unprecedented levels. All estimates point to a figure greater than USD 2 trillion until 2030.
Accessing such large amounts of capital available, will require introducing new financing structures and instruments, but above all establishing significant partnerships with the global financing community.
About CETFI:
The Climate & Energy Transition Finance Initiative (CETFI) is a multistakeholder coalition of the willing to bring new financing structures and instruments to market. Focusing predominantly on the global south, CETFI was initiated during India’s G20 presidency with the participation of the global financial community, industry and the Government of India. CETFI is progressing with a soft launch approach to increase the understanding of critical issues related to climate finance. It is also developing new models of financing jointly with industry and introducing those through commercial demonstration projects.
