World Bank approves $1.5 bn loan to support India's green hydrogen push

World Bank approves $1.5 bn loan to support India's green hydrogen push

Daily Current Affairs   /   World Bank approves $1.5 bn loan to support India's green hydrogen push

Change Language English Hindi

Category : Business and economics Published on: July 02 2024

Share on facebook
  • The World Bank has approved a $1.5 billion loan to support India's low-carbon energy development, focusing on promoting green hydrogen and renewable energy initiatives. This funding is aimed at accelerating India's transition towards sustainable energy sources.
  • The loan aligns with India's ambitious targets, including achieving 500 GW of renewable energy capacity by 2030 and aiming for net-zero emissions by 2070. It underscores international support for India's efforts to mitigate climate change and enhance energy sustainability.
Recent Post's