The Asian Development Bank (ADB) is ready to provide $20–$25 billion over five years to aid India’s aspirations for green growth.
The green growth agenda would drive ADB’s India programme to help the country fulfill its global climate action commitments. ADB will focus on supporting the decarbonization of transport and the clean energy transition, including carbon market development and circular economy transition.
ADB will provide multifaceted support for India’s key priorities, including the important infrastructure push under the Gati Shakti (National Master Plan for multimodal connectivity) initiative, building future cities, mobilizing domestic resources, and strengthening basic services in disadvantaged districts. Climate change adaptation actions are planned through projects on flood management, coastal protection, water use efficiency improvement, and agriculture value chain development.?