The country will need to grow by 9 per cent every year for five years continuously and raise aggregate investment rate to 38 per cent of GDP to achieve Prime Minister Narendra Modi's target of turning India into a USD 5 trillion economy, EY has said.

EY report says Conservative government has sentenced renewable energy sector to death by a thousand cuts and left investors puzzled at policy changes. The UK has dropped out of the top ten of a respected international league table on renewable energy for the first time since it began 12 years ago.

As India sets ambitious targets and turns the handle on market reform to attract foreign investment, opportunities in Sub-Saharan Africa are being unlocked as public and private sectors work together to break down barriers.

This publication ranks 40 countries on the attractiveness of their renewable energy investment and deployment opportunities, based on a number of macro, energy market and technology-specific indicators.

The Ernst & Young country attractiveness indices (CAI) provide scores for national renewable energy markets, renewable energy infrastructures and their suitability for individual technologies. The indices provide scores out of 100 and are updated on a quarterly basis.

This paper explores how organizations are responding to the complexities associated with climate change risks and opportunities within their businesses. It is based on a global survey of 300 executives representing companies with revenues of more than US$1b annually from 16 countries and 18 industry sectors.