The Board, whose secretariat is housed at the Observer Research Foundation (ORF) Middle East, has been constituted as a policy platform to guide an “accelerated, orderly and inclusive green transition”. While its immediate focus is India, its recommendations are also intended to inform green transition pathways across emerging markets and developing economies.

According to the statement, the Board’s work will focus on reforming MDBs, mobilising private capital, strengthening climate finance mechanisms and addressing barriers to technology transfer. It will also examine how public resources can be deployed more effectively to de-risk private investment and convert climate finance commitments into bankable projects.

Speaking at a public panel discussion following the inaugural meeting, Singh said that while global clean energy investment had reached historic levels, capital remained unevenly distributed across regions.

“The next bottleneck lies in systems integration — financing, transmitting, storing and distributing clean power through stronger grids, supply chains and institutions,” he said.

The discussion also featured COP30 president André Corrêa do Lago, President Emeritus of the Center for Global Development Masood Ahmed, the UK’s Special Representative for Climate Rachel Kyte, and Lord Nicholas Stern of the Grantham Research Institute at LSE.