Thursday
October 5
2023

India, Japan Launch $600 Million Fund for Low Carbon Emission Projects

India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF), and the Japan Bank for International Cooperation (JBIC) launched on Wednesday a $600-million fund to invest in sustainability projects.

JBIC will contribute 51% of that figure, and India the rest, the Indian government said in a statement.

Photo courtesy of andreas160578.

Source: Reuters (link opens in a new window)

Categories
Energy, Environment, Technology, WASH
Tags
decarbonization, electric vehicles, infrastructure, renewable energy, waste