Archive · 23 Nov 2025
Green Finance Gaining Momentum in India
Green finance, which supports projects that benefit the environment, is growing in India.
Companies like Ecofy are making it easier for people to get loans for things like solar panels and electric vehicles.
The government and experts agree that this is important for India's future.
However, there's still a big gap between what's needed and what's been done so far.
Ecofy, a green-only NBFC, is providing financial solutions for EV, solar, and SME sectors
Union Minister Bhupender Yadav acknowledged the importance of green finance for resilient economies
Green finance encompasses various instruments like green bonds and sustainability-linked loans
Shift from institutional to retail participation in green finance is notable
India needs about $1.5 trillion in investments by 2030 to address climate change and energy transition
- Who
- Ecofy, a green-only NBFC, and the Indian government
- What
- Promoting green finance
- When
- Currently, with a significant increase since 2013
- Where
- India
- Why
- To support climate action and financial growth, and to meet national commitments for a low-carbon economy
- Green Bond Issuance
- Surge from $1.2 billion in 2013 to $21 billion in 2023
- Ecofy's Average Ticket Size
- Rs 1.7 lakh to Rs 2.2 lakh
- Ecofy's Carbon Emission Savings
- Over 4,23,049 tonne