Delivering a Sustainable Financial System in India

Financing India’s goals for inclusive and sustainable growth requires the mobilization of additional lowcost, long-term capital. Raising incomes for the 800 million people living on less than US$2 per day, generating livelihoods for the 12 million people entering the workforce every year and generating the natural resource base at a time of climate change require innovative approaches to the challenge of sustainable finance.

This report presents the results of an 18-month process of dialogue and analysis in India to identify key steps to respond to this challenge through building a sustainable financial system. The private sector led this process, working closely with the government of India and key stakeholders, and in partnership with the UNEP at the international level.

The findings of the India Inquiry are based on the understanding of the real economy, growth imperatives, national priorities, financial system architecture and the gradual momentum on sustainable financing. India has a comprehensive approach to reducing the resource and pollution intensity of growth and delivering clean energy and water. India is also taking the lead globally, for example, through the new International Solar Alliance.