This money will be invested in the national energy efficiency program, to improve efficiency and cut consumption in the country.
Image: Shutterstock The World Bank has announced it has approved $300 million (£225m) of funding to help scale up India’s national energy efficiency programme. The Energy Efficiency Services Limited (EESL) organisation will use the money to drive the deployment of energy saving measures in both the residential and public sectors and enhance access to commercial financing. It hopes improving efficiency and cutting consumption will help the country hit its goal of reducing carbon intensity by up to 35% by 2030 from 2005 levels. The investments under the programme are expected to avoid 170 million tons of carbon dioxide being […]