The Asian Development Bank (ADB) will channel Rs one point two bn into India’s clean transition in 2026, focusing on renewable energy, climate resilience and job creation. The funding is intended to support projects and policy reforms that accelerate low carbon pathways and improve energy access. The announcement frames the measures as part of broader efforts to align financial flows with net zero objectives. The support is expected to complement national climate targets and support policy measures for a just energy transition.

ADB plans to deploy a mix of sovereign and non sovereign financing along with technical assistance to strengthen project pipelines and bankability. The institution will work with central and state authorities, development finance institutions and private sector participants to leverage additional capital and scale viable projects. Emphasis will be placed on grid modernisation, storage solutions and distributed renewable systems to enhance reliability and integration. Risk mitigation instruments and blended finance structures will be used to improve investor confidence and reduce upfront costs.

The package is expected to underpin expanded deployment of solar and wind capacity, increased energy efficiency and investments in resilient infrastructure that reduce long term emissions. Support measures will include capacity building for workforce transition and supply chain development to cultivate green jobs in manufacturing, installation and operations. Coordination with other multilateral partners and domestic banks will aim to mobilise complementary finance and manage risk. Project selection will prioritise social inclusion and gender responsive measures to ensure benefits reach vulnerable communities.

Monitoring and evaluation frameworks will be used to track implementation progress and outcomes, with attention to social safeguards and equitable access to benefits. The ADB engagement for 2026 seeks to complement existing national programmes and catalyse private investment for a durable clean transition. Stakeholders will be invited to engage in project design and policy dialogues as part of the delivery process.