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$500 million ADB loan to boost India’s sustainable infrastructure initiatives

On 20 December 2024, the Government of India and the Asian Development Bank (ADB) signed a $500 million loan agreement to support sustainable infrastructure projects in alignment with India’s climate commitments. The loan, extended with a sovereign guarantee, will be channelled through the India Infrastructure Finance Company Limited (IIFCL). The agreement, titled the Financing Environmentally […]