Stronger private finance and better datasets key to accelerating green transition in India: experts

The Hindu
The Hindu
43m ago 1 view
Experts at The Hindu Sustainability Summit emphasized the need for innovative capital models and reliable data to enhance India's green transition, particularly in agriculture. This matters as it highlights the critical role of private finance in addressing climate challenges.
Stronger private finance and better datasets key to accelerating green transition in India: experts
A What happened
At The Hindu Sustainability Summit 2025, climate finance experts underscored the necessity for innovative capital models and reliable datasets to accelerate India's green transition, particularly in the agricultural sector. T. Vivekanandhan from Samunnati Finance pointed out that agriculture, a vital part of India's economy, often remains outside mainstream green finance discussions. He advocated for targeted investments to enhance resilience against climate challenges. Shravan Shankar from Climake highlighted the importance of blended finance to bridge the funding gap between public and private sectors, emphasizing that scaling investments will require decisive private capital involvement. Gita Chengappa from TREC-STEP noted that early-stage climate innovations are financially vulnerable and called for incubators to support these initiatives. The panelists also stressed the need for localized data to improve the precision of climate-related investments, as current data is often too aggregated to be useful for real-world applications.

Key insights

  • 1

    Need for Innovative Capital Models

    Experts stress innovative financing to support green initiatives.

  • 2

    Importance of Localized Data

    Localized datasets are crucial for effective climate investment.

  • 3

    Role of Public Capital

    Public funding can de-risk investments and encourage private participation.

Takeaways

The discussions at the summit highlight the urgent need for a collaborative approach involving both public and private sectors to effectively finance India's green transition, particularly in agriculture and early-stage innovations.

Topics

Agriculture Economy Climate Change