Green Energy Financing and Investment Laws in India: A Critical Analysis

  • Dipanjan Das
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  • Dipanjan Das

    Assistant Professor at Durgapur Institute of Legal Studies, Durgapur, West Bengal, India

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Abstract

In the context of global climate change, the transitions to green energy resources have gained a significant traction worldwide including India, as the growth of energy sector is closely connected to overall development, economic stability, and environmental sustainability of a nation. Heavy fossil fuel exploitation causes Greenhouse Gas emissions and air pollution, necessitating a shift to renewable and clean energy sources. Sustainable development requires financing and thus, the green energy financing and investment has become the essential need of the hour to reduce carbon emissions and address environmental concerns. Green energy financing and investment provide resources for projects promoting renewable energy, transitioning from fossil fuels to sustainable alternatives. Green Energy Financing includes R&D funding, project development, equipment procurement, provision of loans, grants, subsidies, and financial incentives. Green Energy Investment involves allocating financial resources for returns from renewable projects, through direct investment, equity stakes, or financial instruments like green bonds or funds. India's transition to green energy faces challenges due to rising electricity demand, economic growth, and population expansion. Renewable energy growth is significant but insufficient. Prioritizing energy conservation, efficiency, and supportive regulations is crucial for sustainable energy security and reduced fossil fuel dependence. This study analyses legal, financial, and regulatory aspects of green energy financing in India, aiming to promote a low-carbon economy and sustainable development while evaluating judicial impacts on green energy investments.

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Research Paper

Information

International Journal of Law Management and Humanities, Volume 8, Issue 2, Page 947 - 965

DOI: https://doij.org/10.10000/IJLMH.119189

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