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With its rapidly evolving domestic ecosystem and significant freight movement corridors, India is well positioned to lead the electrification of commercial vehicles and policy support is necessary to ensure an accelerated transition.
The Sovereign Green Bonds Framework will ensure availability of finance for green infrastructure and renewable energy projects. We discuss how.
India will need an estimated $7.2 trillion of green investments until 2050 to decarbonise in the line-of-sight scenario with current (and announced) policies and foreseeable technology adoption.