Small Industries Development Bank of India (SIDBI) is involved in the preparation of four programs to be submitted to GCF for climate change adaptation and mitigation themes. Currently it has received a PPF TA support for one of the programs, NEEV – II (which focuses on decarbonization of SMEs engaged across the country. It would provide funding to increasing the penetration of renewable energy, energy efficiency, improving the social infra viz. health, education, supply chain, urban development) for the development of the concept note. 

SIDBI through the GCF Readiness and Preparatory Support Programme (RPSP) will ensure that the Bank can build its capacity develop in a manner that is fully consistent with the IRMF. Its intended training and capacity development program would enhance the capacity of all the plausible stakeholders which includes members from within SIDBI, other counterparts, members from civil society organizations, NDA, project proponents and members of the executing agencies.