India figures way down in a list of companies which provide
public finance for promotion of fossil fuels.
This analysis shows that G20 governments are providing nearly 4 times more public finance to fossil fuels than to clean energy. Public finance is defined as financing that is controlled by governments and includes funding by multilateral and development agencies.
What is the reason why India is not on the radar here?
The reason could well be that bulk of the funding comes from internal accruals of public sector companies.
This analysis shows that G20 governments are providing nearly 4 times more public finance to fossil fuels than to clean energy. Public finance is defined as financing that is controlled by governments and includes funding by multilateral and development agencies.
What is the reason why India is not on the radar here?
The reason could well be that bulk of the funding comes from internal accruals of public sector companies.
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