Home India Ministry of Environment, Forest and Climate Change Parliament Question: Climate -related International Investme...
Date: 2025-07-21 Category: Not Applicable State: Union Government Country: India

Parliament Question: Climate -related International Investments and Collaborations

Issued by Ministry of Environment, Forest and Climate Change · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: The Ministry of Environment, Forest and Climate Change addressed questions regarding climate-related international investments and collaborations, particularly concerning the Green Climate Fund (GCF) and the Global Environment Facility (GEF). The response details approved projects with GCF and GEF involvement, specifies Karnataka's participation in relevant initiatives, and clarifies the role of private sector entities and startups. It also explains climate finance disbursement and strategies for enhancing access to climate finance for States, Urban Local Bodies, and startups. Key Points / Main Content: * **International Collaborations and Investments:** * India collaborates with the Green Climate Fund (GCF) and the Global Environment Facility (GEF). * Thirteen projects have been approved under GCF, addressing health, food, water security, livelihoods, infrastructure, energy, transport, and land use. * GEF addresses global environmental challenges including biodiversity, climate change, land degradation, international waters, and chemicals and waste. * **Karnataka Specific Initiatives:** * Karnataka is involved in the GEF7 project focused on improving thermal energy efficiency in industrial boilers executed by the Ministry of Micro, Small and Medium Enterprises (MSME). * Karnataka was identified as one of the states for the GCF-funded Line of Credit for the Solar rooftop segment approved in 2018. * The Ministry of Environment, Forest, and Climate Change (MoEFCC) supported the State Action Plan on Climate Change (SAPCC) for Karnataka with a grant of INR 20 Lakh during 2019-2022. * **Private Sector Engagement:** * The GCF actively mobilizes private sector investment using instruments like grants, concessional loans, equity, and guarantees. * **Climate Finance Disbursement:** * India's climate action is executed through the normal budgeting process by concerned Departments/Ministries. * **Access to Climate Finance:** * States, Urban Local Bodies, and startups can engage with multilateral funds like the GCF and GEF as per their requirements. Impact Analysis: * **State Governments (including Karnataka):** * Impact: Benefit from projects and grants related to climate change, renewable energy, and energy efficiency. Can engage with GCF and GEF for funding. * Action Required: Engage with multilateral funds like GCF and GEF for specific requirements and utilize provided grants for climate action plans. * **Urban Local Bodies:** * Impact: Potential beneficiaries of climate finance for urban climate resilience, clean mobility, and renewable energy projects. * Action Required: Engage with multilateral funds like GCF and GEF for specific requirements * **Startups:** * Impact: Opportunities for involvement in climate finance and technology partnerships, particularly in sectors like renewable energy and clean technology. * Action Required: Engage with multilateral funds like GCF and GEF for specific requirements. * **Private Sector Entities:** * Impact: Opportunities to invest in climate projects through GCF mechanisms like blended finance and co-financing. * Action Required: Explore investment opportunities in climate projects through GCF and other mechanisms. * **Ministry of Environment, Forest and Climate Change (MoEFCC):** * Impact: Responsible for overseeing and supporting climate-related projects and collaborations. * Action Required: Continue supporting State Action Plans on Climate Change and facilitate access to climate finance.

Key Entities Referenced

Green Climate Fund GCF: A multilateral fund established to support climate action in developing countries. Global Environment Facility GEF: A multilateral environmental fund that addresses global environmental challenges. Karnataka: A state in India where specific climate finance agreements related to urban climate resilience, clean mobility or renewable energy have been implemented. Bengaluru, Karnataka: A city in Karnataka, specifically mentioned in relation to climate finance agreements. Ministry of Environment, Forest and Climate Change MoEFCC: The Indian government ministry responsible for environment, forest and climate change related matters. Ministry of Micro, Small and Medium Enterprises MSME: The Indian government ministry involved in the GEF7 project related to industrial boilers. State Action Plan on Climate Change SAPCC: A plan supported by MoEFCC for states to address climate change, with Karnataka being a recipient of a grant. Odisha: A state in India covered under GEF project for Promotion of Sustainable Food Systems
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GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE LOK SABHA UNSTARRED QUESTION NO. 99 TO BE ANSWERED ON 21.07.2025 Climate -related International Investments and Collaborations 99. SHRI P C MOHAN: Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state: (a) the details of climate-related investments and collaborations undertaken with foreign Governments and multilateral institutions such as the Green Climate Fund (GCF) and Global Environment Facility (GEF) during the last five years; (b) whether any specific climate finance agreements related to urban climate resilience, clean mobility or renewable energy have been implemented in the State of Karnataka, particularly in Bengaluru and if so, the details thereof; (c) the involvement of private sector entities and startups in climate finance and technology partnerships and whether any firms based in Bengaluru have been part of such initiatives and if so, the details thereof; (d) the total quantum of climate finance disbursed during the last five years and the key sectors that have received support under these funds disbursement; and (e) the roadmap for enhancing access to climate finance for States, Urban Local Bodies and startups, including measures to attract future green investments in critical sectors? ANSWER MINISTER OF STATE IN THE MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE (SHRI KIRTI VARDHAN SINGH)) (a) to (e) India engages with the multilateral Green Climate Fund (GCF) and the Global Environment Facility (GEF). Under GCF, thirteen (13) projects have been approved so far in the result areas including health, food, and water security; Livelihoods of people and communities, Infrastructure and built environment, Energy generation and access, Buildings, cities, industries and appliances, Transport & Forest and land use. The details of the projects are attached as Annex I. The GEF addresses global environmental challenges in areas such as biodiversity, climate change, land degradation, international waters, and chemicals and waste. The details of GEF projects under the climate change focal area approved during the last five years are attached as Annex II. Karnataka is one of the States covered for the GEF-7 project “Improving thermal energy efficiency in the design, manufacture and operation of industrial boilers for low-carbonmicro-, small and medium-sized enterprises in India” executed by the Ministry of Micro, Small and Medium Enterprises (MSME). The GCF actively mobilizes private sector investment for climate projects in developing countries through various mechanisms, including blended finance and co- financing opportunities. GCF utilizes a mix of financial instruments like grants, concessional loans, equity, and guarantees to leverage private capital and mitigate risks, thereby encouraging greater private sector participation in climate action. For the GCF funded programme “Line of Credit for Solar rooftop segment for Commercial, Industrial and Residential Housing sectors” approved in 2018, Karnataka was identified as one of the States. In addition to that, the Ministry of Environment, Forest, and Climate Change (MoEFCC) has supported State Action Plan on Climate Change (SAPCC) for Karnataka by providing grant of INR 20 Lakh during 2019-2022. India’s climate action is executed in various sectors by the Departments/Ministries concerned through the normal budgeting process. The States, Urban Local Bodies and startups have the discretion to engage with the multilateral funds like the GCF and GEF as per their requirement. *****Annex I S.N. Project/ Programmes Year of GCF Funding approval (in USD) 1. Ground Water Recharge and Solar Micro 2017 34,357,000 Irrigation to Ensure Food Security and Enhance Resilience in Vulnerable Tribal Areas of Odisha 2. Enhancing climate resilience of India’s coastal 2018 43,418,606 communities 3. Line of Credit for Solar rooftop segment for 2018 100,000,000 commercial, industrial and residential housing sectors 4. Green Growth Equity Fund (GGEF) 2021 137,000,000 5. India E-Mobility Financing Program 2022 200,000,000 6. Climate Investor Two 2022 145,000,000 7. Green Guarantee Company (“GGC”) 2022 40,500,000 8. Climate Investor One 2023 100,000,000 9. Project GAIA ("GAIA") 2023 152,500,000 10. Avaana Sustainability Fund 2024 24,500,000 11. Financing Mitigation and Adaptation Projects 2024 215,600,000 (FMAP) in Indian MSMEs 12. GCF-IFC Scaling Resilient Water Infrastructure 2024 258,000,000 (RWI) Facility 13. India Green Finance Facility (IGFF) 2025 200,000,000Annex II Sl. Title GEF Focal States Executing GEF No. Period Areas Covered Agency Grant in USD 1. Promotion of GEF – Climate Punjab, Ministry of 2,03,66,973 Sustainable Food 7* Change Haryana, Agriculture Systems in India Odisha and and Farmers’ through Chhattisgarh Welfare Transforming (MoAFW) Rice-Wheat Systems in Punjab, Haryana, Odisha and Chhattisgarh 2. Capacity-building GEF - 7 Climate Pan India Ministry of 38,00,000 for establishing an Change Environment Integrated and Forest and Enhanced Climate Transparency Change Framework for (MoEFCC) Climate actions and support measures 3. Livable Cities in GEF - 7 Climate Tamil Nadu, Ministry of 1,72,15,652 India: Change Pune, Surat Housing and Demonstrating Urban Sustainable Urban Affairs Planning and (MoHUA) Development through Integrated Approaches 4. Electrifying GEF - 7 Climate Maharashtra, Energy 53,66,976 Mobility in Cities: Change Tamil Nadu, Efficiency Investing in the UP, Services Ltd. Transformation to Himachal (EESL), Electric Mobility Pradesh, National in India Assam Institution for Transforming India (NITI) Aayog 5. Accelerating GEF - 7 Climate UP, WB, Bureau of 44,84,357 adoption of super- Change Telangana Energy efficient Efficiency, technologies for Ministry of sustainable Power, thermal comfort in Ministry of buildings in India Environment Forest andSl. Title GEF Focal States Executing GEF No. Period Areas Covered Agency Grant in USD Climate Change (MoEFCC) 6. Seventh GEF - 7 Climate TN, The Energy 44,74,886 Operational Phase Change Maharashtra, and of the GEF Small Assam, Resources Grants Meghalaya, Institute Programme in MP (TERI), India MoEFCC 7. Preparation of GEF - 7 Climate Pan India Ministry of 45,66,000 India's Fourth Change Environment National Forest and Communication Climate (4NC) and Fourth Change Biennial Update (MoEFCC) Report (BUR4) to the UNFCCC and strengthening institutional and analytical capacities on climate change. 8. Improving thermal GEF - 7 Climate Maharashtra, Ministry of 26,64,690 energy efficiency Change Telangana, Micro, Small in the design, Gujarat, and Medium manufacture and Haryana, Enterprises operation of Karnataka (MSMEs) industrial boilers for low-carbon micro-, small and medium-sized enterprises in India 9. Preparation of GEF - 7 Climate Pan India Ministry of 18,16,500 India first Change Environment, Biennial Forest and Transparency Climate Report (BTR) Change 10. Transforming GEF- Climate Andhra Ministry of Andhra Pradesh 8** Change Pradesh Agriculture 1,46,66,666 aquaculture to a and Farmers’ sustainable, Welfare reduced footprint (MoA&FW) and climate resilient food systemSl. Title GEF Focal States Executing GEF No. Period Areas Covered Agency Grant in USD 11. Enabling GEF-8 Climate Uttar Ministry of 99,00,000 resilience of Change Pradesh, Agriculture livestock keepers Uttarakhand and Farmers’ through integrated Welfare landscape (MoA&FW) management 12. Preparing India’s GEF-8 Climate Pan India Ministry of 53,65,500 2nd & 3rd Change Environment, Biennial Forest and Transparency Climate Reports (BTR Change 2&3) *Time period of GEF-7: July 1, 2018 and June 30, 2022 **Time period of GEF-8: July 2022 to June 2026

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