Vivriti Capital Secures $25M ADB Funding

03 Oct 2024 CW Team

Vivriti Capital has secured $25 million from the Asian Development Bank (ADB) to bolster climate finance projects across India. This investment will support Vivriti’s mission to provide sustainable financing solutions, particularly in sectors like renewable energy, energy efficiency, and green infrastructure. By enhancing financial access for projects aligned with environmental goals, Vivriti aims to contribute to India’s ongoing transition to a low-carbon economy.

ADB’s funding also reflects a growing focus on climate action investments in developing markets like India, where renewable energy initiatives are crucial for meeting global climate targets. Vivriti Capital’s enhanced capital pool will enable it to expand its portfolio of eco-friendly projects, supporting India’s efforts to increase renewable energy adoption and reduce emissions.

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