Why an energy-transition index for mid-caps can fast-track India’s net-zero journey

Illustration by Muhabit ul haq via AI

Synopsis
Even as India’s national priorities focus on rapidly mobilising finance to combat climate change, climate-focused foreign capital has concentrated only on large companies. While this slows down the country’s energy transition, addressing a wider base, including mid-caps and hard-to-abate sectors can be the solution.

On a smoggy afternoon in New Delhi earlier this week, a group of finance professionals, capital market experts, philanthropists, and climate activists gathered in a five-star hotel to discuss how a new index that serves as a tool to attract India-specific climate-focused investments can help accelerate the country’s net-zero journey. Following a presentation co-curated by consulting firm Dalberg Advisors and member-based industry body Impact