On this episode of the State of Financial system Podcast, businessline’s Rishi Ranjan Kala speaks with Dr. Amar Rao, an Affiliate Professor on the College of Administration at BML Munjal College, concerning the rising intersection of conventional vitality markets and inexperienced vitality, and the way monetary establishments can higher handle climate-related dangers.
Rao’s work has been instrumental in analyzing how climate-related elements affect asset values, funding methods, and general company monetary well being. The podcast begins with one of many key subject of India’s formidable inexperienced vitality transition, which goals so as to add 500 gigawatts of non-fossil gasoline vitality capability. Rao explains that whereas the potential of inexperienced vitality markets is immense, the most important problem lies in securing ample financing.
He emphasises the necessity for mechanisms like a nationwide inexperienced sovereign wealth fund, inexperienced banking methods providing low-interest loans, and a carbon credit score change to instill investor confidence and speed up the transition to a cleaner vitality future.
The dialogue additionally dives into the hurdles confronted by retail traders, notably how they are often educated and inspired to take part in inexperienced vitality markets. He means that transparency, higher communication, and revolutionary funding merchandise resembling fractional possession of photo voltaic panels and native charging stations may assist foster belief and participation from retail traders.
Rao goes on to supply useful insights into the position of pure fuel as a transition gasoline for India. Whereas acknowledging that pure fuel will not be a totally clear vitality supply, he argues that it will possibly function a bridge to greener alternate options, particularly for a rustic like India that depends closely on coal for its vitality wants.
The podcast highlights the decrease prices and infrastructure benefits of pure fuel as a part of the technique to scale back carbon emissions whereas transitioning towards extra sustainable vitality sources.
(Host: Rishi Ranjan Kala, Producer: Prethicshaa , Amitha Rajkumar )
Concerning the State of the Financial system podcast
India’s financial system has been hailed as a vibrant spot amid the final gloom that appears to have enveloped the remainder of the world. However a number of sectors proceed to stutter whilst others appear set to fireside on all cylinders.