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Standard Chartered India's Head of Sustainable Finance, Shobhana Chawla, emphasizes that the challenge in financing India's energy transition lies in the lack of dedicated ESG capital pools rather than access to capital. While renewable projects are bankable, the absence of deep ESG funds limits pricing benefits.

Clarity in climate taxonomy and improved disclosures are crucial for attracting global capital. Standard Chartered aims to mobilize USD 300 billion in sustainable finance by 2030, with India as a key market despite its small current share in the global sustainable finance landscape.