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India’s Clean Energy Subsidies Rise 31% in 2024 to Nearly ₹32,000 Cr: IISD

Government financial support for fossil fuels fell to five times the level of clean energy in the financial year 2024—the smallest gap in five years—as clean energy subsidies rose sharply. In FY 2024, quantified government support to energy in India was at least INR 6.3 lakh crore (USD 75 billion), growing 15% over the previous year. IISD highlighted the narrowing gap in its latest report, as subsidies for clean energy rose sharply.

IISD in the news December 17, 2025

Clean energy subsidies jump 31% to Rs 32,000 crore in 2023-24, but PSU capex still flows to fossil fuels: IISD

Public investment patterns risk locking in carbon-intensive infrastructure, finds report.

IISD in the news December 17, 2025

A Step-by-Step Guide for Governments to Prepare Fossil Fuel Subsidy Inventories

This guidance paper is intended to assist COFFIS members and other governments—including at the subnational level—in producing an inventory of fossil fuel subsidies.

Guide December 17, 2025

Indonesia’s Next Cooking Transition

This report compares three alternatives—induction stoves, dimethyl ether (DME), and city gas—and finds that induction stoves are the most practical and viable option to support Indonesia’s shift to cleaner, non-fossil cooking.

Report December 17, 2025

What’s Next for Sustainable Development in 2026

IISD President and CEO, Patricia Fuller, outlines the opportunities and challenges that will shape sustainable development in 2026.

Explainer December 17, 2025

Powering NDC 3.0: India's next-gen public finance reforms for the energy transition

Join us Tuesday, December 16, for the launch of our new report examining India’s energy policies and the public financial flows that support and underpin them.

Webinar December 16, 2025

India's clean energy support rises, but public finances still locked into fossil fuels: Report

"India's budget shows encouraging signs of a gradual shift toward clean energy, but larger public financial flows reveal a deeper issue," says IISD's Swasti Raizada.

IISD in the news December 16, 2025

Five Trends That Have Shaped Global Subsidies Over Decades

As we celebrate the Global Subsidies Initiative's 20th anniversary, we asked our experts how thinking on government support has shifted over time.

Explainer December 16, 2025

India’s Clean Energy Support Rises, but Progress Hinges on PSUs’ Diversification and Electricity Reforms

Government support for fossil fuels in India fell in financial year 2024 while clean energy subsidies increased by 31% year-on-year, finds new research from IISD.

Press release December 16, 2025

Mapping India's Energy Policy 2025

Mapping India's Energy Policy 2025 gathers the latest available data on energy-related government support and revenues in India, including fiscal year 2023–2024.

Report December 16, 2025

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