environmentalIATI

India E-Mobility Financing Program

by Green Climate FundIndia

Imported from IATI · publisher data as of Jul 1, 2026

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Timeline

May 19, 2022 – ongoing

About this project

The Programme aims to leverage GCF and commercial investor capital to accelerate the decarbonisation of the Indian economy by focusing on electrification of India’s transport sector. • It is the first GCF dedicated purely private sector transport programme in the e-mobility sector as it marks the diversification of GCF funding to underrepresented result areas, targets pioneering investments in the transportation sector. • With the comfort of the junior position of GCF equity, the programme aims to mobilize foreign institutional equity capital to seed an exclusive EV financing and leasing platform, the first of its kind in India. • This platform is expected to be a pioneering institution providing dedicated financing and leasing solutions for EVs at scale that are not being provided by any other financier in the Indian market.

Published details

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Published by
Green Climate Fund · Multilateral
Countries
India
Sectors
Transport policy and administrative management
Focus
Climate mitigation · Main focus
Funded by
Green Climate Fund
Implemented by
Macquarie Alternative Assets Management Limited

Published by Green Climate Fund to the International Aid Transparency Initiative (IATI), last updated 1 Jul 2026 and imported automatically. IATI identifier: XM-DAC-41317-FP186.

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