JOURNAL ARTICLE

The Adani Crisis Could Push Clean Energy Investors Away From India.

  • Published In: Time.com, 2023. P. 1 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Worland, Justin 3 of 3

Abstract

The article focuses on the implications of the Adani crisis for foreign investment in India's energy transition. Allegations of "accounting fraud, stock manipulation, and money laundering" against the Adani Group have raised concerns among investors, potentially affecting their willingness to finance India's efforts to decarbonize. The article highlights the need for over $1 trillion annually in clean energy investment for emerging economies, with India requiring $1.4 trillion by 2040. It emphasizes that investor confidence hinges on a thorough investigation into the allegations, as concerns about corruption and mismanagement could deter private investment crucial for achieving climate goals. [Extracted from the article]

Additional Information

  • Source:Time.com. 2023/02, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2023
  • ISSN:2476-2679
  • Accession Number:163622907
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