MONEY SHARMA via Getty Images

Institutional Investors Can Help India Meet Its Climate Action Pledge

Earlier this month, India announced its pledge for action on climate change beyond 2020, ahead of the United Nations summit on climate change negotiations this December in Paris. Laudable though it is, India's pledge, called an INDC (Intended Nationally Determined Contribution), is also very ambitious and achieving it is going to require mobilising a lot more financing, at more attractive terms. There are several avenues the government could explore for a more cost-effective and realistic pathway to the INDC.