The two-day Climate and Energy Transition Finance Summit (CETFiS) concluded on November 29th. Hosted by the Ministry of New and Renewable Energy and the G20 India secretariat in collaboration with the Green Hydrogen Organization, the summit gathered global leaders and industry experts to outline a transformative route for climate finance. With 200 participants involved, the event led to the formulation of the Delhi Message on Climate Finance, released ahead of Prime Minister Narendra Modi's attendance at the UN Climate Conference COP28 in Dubai. Put forth by the Green Hydrogen Organization and its associates in India, the Delhi Message presents a five-point strategy for funding the green hydrogen economy.

The shift away from fossil fuels demands an unprecedented influx of capital, yet it also presents significant opportunities to engage capital markets with appropriate financial solutions. Ahead of the Forum, Amitabh Kant, G20 sherpa, emphasized the critical nature of the Climate and Energy Transition Finance Summit organized by the Green Hydrogen Organisation in addressing global climate change commitments. The Green Hydrogen Organisation, a prominent global non-profit advocating for green hydrogen adoption, announced ProClime as their carbon partner in India. ProClime will be instrumental in advancing climate action initiatives.

Discussing the dynamics of energy transition, Jonas Moberg, CEO of the Green Hydrogen Organization, expressed admiration for the ambitious plans of numerous Indian companies aiming to lead in the production of green hydrogen, green ammonia, and other eco-friendly fuels on the international stage. Stressing the urgency of transitioning to sustainable energy sources, Moberg highlighted the partnership with ProClime as integral to their vision of integrating Carbon Markets into India's GH2 domain. Recognizing the necessity for substantial investments and innovative financial mechanisms to drive climate action, Moberg emphasized the significance of collaboration as a core objective.