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Home > Reports and Documents > How green is India’s stimulus for economic recovery? > How green is India’s stimulus for economic recovery?

How green is India’s stimulus for economic recovery? [1]

Is India's 'green recovery' green enough? IEEFA and IISD's new report shows the government’s stimulus is a ‘mixed bag’ for the country’s energy transition. While India has committed more public money than any other economy to date – at least US$122 billion – to supporting the energy sector since the start of the COVID-19 crisis in early 2020, a new report shows the government’s stimulus is a ‘mixed bag’ for the country’s energy transition. The Government of India continues to promote a greener recovery by committing US$35 billion (28.5%) of the US$122 billion in energy-related funding to renewables, almost twice the US$18 billion (15%) flowing to fossil fuels.
[2]

Publication Date: 
23/03/2021
Vibhuti Garg [3], Max Schmidt [4], Christopher Beaton [5]
Institute for Energy Economics and Financial Analysis (IEEFA) [6]
Tags:
Energy [7], Renewable Energy [8], Fossil Fuels [9], Subsidies [10], India [11], Energy Policy [12], Coronavirus [13]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/how-green-india%E2%80%99s-stimulus-economic-recovery

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/how-green-india%E2%80%99s-stimulus-economic-recovery
[2] http://www.indiaenvironmentportal.org.in/files/file/How Green Is Indias Stimulus for Economic Recovery.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/author/vibhuti-garg
[4] http://admin.indiaenvironmentportal.org.in/category/author/max-schmidt
[5] http://admin.indiaenvironmentportal.org.in/category/author/christopher-beaton
[6] http://admin.indiaenvironmentportal.org.in/category/publisher/institute-energy-economics-and-financial-analysis-ieefa
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-policy
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coronavirus