'Retail investors could mobilise $543bn for climate action in India'

The results are based on a survey of 1,800 respondents in 10 markets across Asia, Africa, and the Middle East

Wind Power, Renewable Energy, Green Energy, Clean Energy
Aathira Varier Mumbai
1 min read Last Updated : Nov 29 2023 | 11:38 PM IST

Retail investor capital worth $543 billion could be mobilised towards climate investments in India by 2030 according to a report by Standard Chartered. Within climate investing in India, $324 billion could flow into mitigation.
 
The remaining $219 billion could be mobilised towards adaptation, including resilient infrastructure, biodiversity, and food systems.
The results are based on a survey of 1,800 respondents in 10 markets across Asia, Africa, and the West Asia, which is identified to have a global potential of $3.4 trillion for climate investing.
 
According to the survey, in India, 96 per cent of investors are interested in climate investing, which is the highest among all markets surveyed, and 84 per cent of them want to increase capital flows towards climate.



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Topics :sustainable firmsStandard CharteredRetail investors

First Published: Nov 29 2023 | 7:31 PM IST

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