The Green Finance Network - India

The Green Finance Network (GFN) is a multi-institutional platform developed under the Asia Low Carbon Buildings Transition (ALCBT) Project. It aims to mobilize and accelerate financing for low-carbon building (LCB) projects, with a focus on sustainable buildings and cooling solutions across Cambodia, India, Indonesia, Thailand, and Vietnam.

GFN - India

The GFN–India chapter focuses on India’s market while enabling participation from both national and international stakeholders.

It will be officially launched on 30 April 2026, with participation from the Government of India, including:

  • Bureau of Energy Efficiency (BEE), Ministry of Power
  • National Bank for Financing Infrastructure and Development (NaBFID), Ministry of Finance

GFN India Structure and Governance

GFN India will represent a transformative opportunity to enhance the capacity of financial institutions, foster collaboration, facilitate project preparation, and contribute to long-term shifts in domestic and regional investment flows. Over time, through a phased approach, the GFN will evolve into a self-sustaining regional mechanism that serves financial institutions, aligns with public policy priorities, and contributes meaningfully to climate goals in the built environment. 

2025–2028 | Currently Active:

✅ Engage financial institutions through country-level Green Finance Networks (GFNs).
✅ Deliver capacity building and training on low-carbon buildings (LCB).
✅ Connect members to the ALCBT project pipeline and opportunities.
✅ Develop a long-term roadmap for GFN India

GFN India will be operationalized by GGGI throughout the ALCBT project duration (until August 2028), with a transition to an independent governance structure thereafter, to be defined in due course.

The governance structure is industry-driven and aligned with regional objectives, bringing together a diverse network of stakeholders across all five countries. The platform is structured around the following components:


Members

A multi-stakeholder group of financial institutions, developers, policymakers, and industry experts contributing to the development and scaling of low-carbon building finance.


Thematic Working Groups

Focused groups formed based on members’ expertise and interests, supporting collaboration on key topics such as financing instruments, project preparation, and market development.

Thematic Working Groups

01. Taxonomy Working Group

Focuses on aligning projects with national and international sustainable finance taxonomies and supports Monitoring, Reporting, and Verification (MRV) systems.

02. Investment Mobilization Working Group

Develops financial products (e.g., green bonds, sustainability-linked loans) and facilitates matchmaking between projects and investors.

03. Implementation & Ecosystem Working Group

Strengthens market readiness through capacity building, training, and knowledge sharing, including through the ASEAN BUILT platform.

Ready to become a Member?

Whether you are a financial institution, developer, or ecosystem partner, individuals and organizations involved in or seeking financing solutions are welcome to join the GFN Committee.

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