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pv-magazine-india.comUSD 10 billion in catalytic capital could help unlock USD 500 billion for India's climate goals: CEEW-Tata Sons reportNew Delhi, 27 October 2026: Meeting India’s climate goals will require USD 500 billion in investment across 20 low carbon technologies by 2030. But the report, Blended Finance for India’s Climate Goals, jointly launched today by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC) and Tata Sons, finds the route begins with leveraging blended finance as a fundamental tool. The report finds that unlocking a far smaller amount, equivalent to 10% of the USD 500 billion, or USD 50 billion in blended finance, could help build a track record for the rest of the money to follow in an unsupported manner. The report also claims that this USD 50 billion could be mobilised with just USD 10 billion in catalytic capital, indicating that every dollar of catalytic capital mobilises five dollars in blended finance – an indicative leverage multiple of 5x. This combines a dollar of catalytic capital with four dollars of commercial capital financing at market terms. The CEEW-Tata Sons report is the first to quantify how blended finance could help India meet its 2030 decarbonisation targets across power, industry, and mobility, the three sectors that account for 70 per cent of the country’s greenhouse gas...

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