AnamikhaKnowledge Contributor
Recently, which organization has approved $1.5 billion loan to India to develop the country’s low-carbon energy sector?
Recently, which organization has approved $1.5 billion loan to India to develop the country’s low-carbon energy sector?
The World Bank approved a $1.5 billion loan to India for developing its low-carbon energy sector, following a similar loan in 2023. The low-carbon energy sector includes fuels like hydrogen and biofuels, which emit less carbon than fossil fuels. India aims for net-zero carbon emissions by 2070, supported by initiatives like the National Green Hydrogen Mission, which uses renewable energy for hydrogen production.