Mobilize the Market to Fight Global Warming – BloombergQuint
To change this, our partnership will help launch an innovation fund that will deploy capital to energy transition projects across developing markets, with a special focus on South and Southeast Asia. The need is huge. In Indonesia, for example, jump-starting renewable energy development by 2025 will require up to $90 billion. And in India, the government has set an ambitious renewable energy target for 2030 that requires $500 billion in investment.