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Lessons from financing green industrial policy under financial constraints in India

Author

Listed:
  • Larsen, Mathias

Abstract

This policy brief sets out India’s approach to financing green industrial policy, and particularly the expansion of solar power, in the context of limited fiscal resources and India’s 2070 net zero goal. The brief describes the success of state-organised financing policies for solar power and lessons that can be applied to other emerging markets and developing economies (EMDEs).

Suggested Citation

  • Larsen, Mathias, 2026. "Lessons from financing green industrial policy under financial constraints in India," LSE Research Online Documents on Economics 137528, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:137528
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    File URL: https://researchonline.lse.ac.uk/id/eprint/137528/
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    Keywords

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    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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