Working Papers

Financing a Green ‘Viksit Bharat’ India’s national goal of becoming a developed economy by 2047 is inextricably linked to achieving its Net Zero commitment by 2070. This twin ambition requires an investment of an estimated $10 trillion, primarily in green infrastructure and industrial modernization. This paper argues that this colossal sum cannot be met by public funds alone. The central economic challenge for India over the next two decades is to build the institutional capacity to mobilize and direct trillions of dollars in private and global capital towards this green transition.