Financing climate solutions isn’t cheap. In India, for example, the transition to renewable energy will cost USD $293 billion. And while there are many decarbonisation solutions to achieve net-zero with this funding, there is a risk that the solutions may perpetuate harm to people and the planet. As a Board Trustee of Forum for the Future, I’m happy to see their emphasis on financing the transition to renewable energy, with a focus on advancing health, meaningful livelihoods, economic, and infrastructure resilience. Check out this interesting read in Business Insider from Forum's Managing Director in India, Anna Biswas (née Warrington), as to how we can broaden the impact of funding beyond decarbonisation and create an energy system that is ecologically safe and socially just. https://ow.ly/kLKw50RuXNN
Funding energy transitions: how can we get more bang out of each green buck? India needs a whopping 293 billion USD for its renewable energy targets by 2030. What if this funding could accomplish more than just decarbonisation? Forum's Managing Director - India Anna Biswas (née Warrington) sets out how financiers can broaden the impact of funding beyond decarbonisation to promote health, livelihoods and economic and social resilience in this Business Insider article: https://ow.ly/kLKw50RuXNN #RenewableEnergy #ResponsibleEnergy
