Project Description
The program is designed as a multi-city and multi-stakeholder approach and collaboration with IFC's development partners under a single, comprehensive program. The project principally targets the multi-family housing sector in several Indian cities. Other building sectors, such as hotels, retail and hospitals will be targeted in some cities, depending on market conditions and government priorities.
This Program is focused on increasing the uptake of green building finance and acceptance of voluntary green building standards in at least five cities, with the goal to achieve a significant penetration of green buildings in new construction. The program is aligned with Govt of India's priorities on energy efficiency and national determined contributions (NDCs).