Economy GS 3 In the news 6 times

Climate Finance

Investment Requirements

Achieving net zero requires unprecedented capital mobilisation. The NITI Aayog study quantifies the investment gap between current policy trajectories and the net-zero pathway, highlighting the need for both domestic and international climate finance.

Key details

Total investment needed for net zero by 2070: USD 22.7 trillion (NITI Aayog estimate)
Power sector alone: USD 14.23 trillion
Estimated aggregate finance flows: USD 16.2 trillion
Financing gap: USD 6.53 trillion — expected to require external sources
Annual investment required: Approximately USD 500 billion
Current climate finance flows to India: Estimated at USD 44 billion annually (CPI, 2023)
Green Climate Fund (GCF): Multilateral fund under UNFCCC; India is both contributor and recipient
Loss and Damage Fund: Operationalised at COP28 (2023) in Dubai

In the news

● Tracked since February 10, 2026 · last seen June 29, 2026 · updates as the daily brief publishes

29 Jun '26

Global climate finance tops $2 trillion for first time, but growth slows as investment gap widens

Environment & Ecology

08 Mar '26

Climate change hits women hardest, funding support inadequate: UNGCNI

Environment & Ecology

02 Mar '26

Finance Minister meets AIIB President, urges her to scale up investment

Economics

17 Feb '26