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India finance minister announces new clean energy funds

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BENGALURU, India: Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government's annual federal budget speech on Wednesday (Feb 1), saying “green growth” is a top priority for the country. More than US$8 billion dollars were announced for projects like

BENGALURU, India: Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government's annual federal budget speech on Wednesday , saying “green growth” is a top priority for the country.mangrove restoration which help suck carbon dioxide out of the atmosphere

The minister said the injection of 35,000 crore rupees into India's energy transition will be channelled through the ministry of petroleum and natural gas to help India reach its goal of net zero emissions by 2070. India is currently the world's third highest-emitting nation.

 

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