NIIF teams up with JBIC for ESG bets in India

The National Investment and Infrastructure Fund (NIIF) has set up a bilateral vehicle in collaboration with the Japan Bank for International Coope­ration (JBIC), with a corpus of $600 million, to invest in India’s environmental preservation sector. The fund aims to invest in areas such as re­newable energy and e-mobility, as well as circular economic sectors such as waste and water management.