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RELEASE: Renewed U.S.-India Climate Cooperation Should Focus on Driving Foreign Investment to India’s Green Transition, New Report Says
Date: February 18, 2021
Contact: Sam Hananel
Washington, D.C. The United States and India should work together to encourage greater foreign institutional investment in India’s green transition in order to help further progress the global effort to combat climate change, according to a new report from the Center for American Progress and India’s Council on Energy, Environment and Water.
The report recommends that President Joe Biden and Prime Minister Narendra Modi launch a U.S.-India Green Transition Finance Initiative, a program to mobilize private finance for India’s sustainable transition and make it the centerpiece of a new leaders-level climate change strategy.
Renewed U.S.-India Climate Cooperation
By Kanika Chawla, Alan Yu, and Rita Cliffton
February 18, 2021, 5:00 am Getty/Sam Panthaky/AFP
Indian workers install solar panels at the Gujarat solar park in the Charanka village of the Patan district on April 14, 2012.
Sam Hananel
Ari Drennen
To read the one-page fact sheet, see What a Biden-Modi Initiative To Spur India’s Green Transition Should Look Like.
The United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. The fact sheet lays out what such a partnership should look like and how it would benefit both countries and the world.