2016 • 2 years, 6 months • Climate Solutions
Based in Delhi, The Observer Research Foundation (ORF) is a leading South Asian not-for-profit policy research institution, and one of India’s top climate think tanks. ORF works on governance issues related to climate, energy, tech and media, the economy and development, and national security at the global and national levels. India demonstrated strong leadership in Paris climate meetings, committing to a set of highly ambitious targets to the global community. At the same time, India indicated that achievements will be possible only if it has access to low-cost, affordable finance and appropriate technical know-how from the global community. The level of finance required to meet India’s ambitious targets is colossal and experts believe that this may be the biggest hurdle that the country has to cross to achieve material progress on the commitments made. The gap between available sources of finance and the forecasted demand is significant enough to merit urgent analysis and action to address critical systemic constraints that will ease the flow of finance across international borders to developing countries, such as India. This project supports ORF to work with global experts to map these constraints and propose solutions for active consideration by the international finance community.