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The ADB approved a $500M loan to India for developing climate-resilient infrastructure.
The Asian Development Bank (ADB) approved a $500 million loan to India to support the development of environmentally sustainable infrastructure.
The loan, with a sovereign guarantee, will help India Infrastructure Finance Company Limited (IIFCL) provide long-term capital for projects in areas like connectivity, energy transition, urban development, education, and healthcare.
This initiative aims to address India’s significant climate financing gap and promote sustainable infrastructure that can withstand climate risks.
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El BAsD aprobó un préstamo de 500 millones de dólares a la India para el desarrollo de infraestructura resistente al clima.