ADB and GCF launch India Green Finance Facility
The Asian Development Bank (ADB), in partnership with the Green Climate Fund (GCF), has launched the India Green Finance Facility (IGFF) with $200 million in concessional funding approved by GCF. This is ADB’s first GCF-backed programme in India. The IGFF aims to mobilise large-scale public and private investments in emerging clean energy technologies, including round-the-clock renewable energy, green hydrogen, compressed biogas, decentralised solar, and electric transport for rural areas. The facility will operate through blended…