Adani, SBI among trendsetters as green financing picks up the pace in post-pandemic India
Green financing in post-pandemic India takes precedence as players like ReNew Power, Adani and SBI look to explore new opportunities
Ahmedabad, November 5: A new form of financing has taken over in the post-pandemic world. Green financing has become the ‘next big thing’, attracting the attention of investors across the globe. The temporary disruption of the economy has revamped its outlook as terms like sustainability become more prevalent.
Data from the Economic Survey 2019-20 revealed India to be the second-largest emerging green market. Transactions worth $10.3 billion were recorded in the first half of 2019 alone, highlighting the fast pace at which companies are taking to green investment. This is evident in the way heavyweights like Reliance, Tata, Adani, SBI, ReNew Energy, etc., are...