The World Bank has approved a $1.5 billion financing package to aid India's low-carbon energy reforms, with a focus on green hydrogen and electrolysers production. These reforms are aimed at significantly boosting the production of green hydrogen and electrolysers, key components in the global transition to cleaner energy sources. The World Bank's support aligns with India's energy security goals and the Hydrogen for Development (H4D) Partnership, intending to accelerate the adoption of low-carbon hydrogen technologies in developing nations. This initiative is expected to result in the annual production of 450,000 metric tonnes of green hydrogen and 1,500 MW of electrolysers by FY25/26, contributing to a reduction in India's carbon emissions and a shift towards a more sustainable energy mix. In addition to enhancing green hydrogen production, the funding will also bolster renewable energy capacity, reduce emissions by 50 million tonnes yearly, and aid in establishing a national carbon credit market, supporting India's commitment to the Paris Agreement and its net-zero emissions goal by 2070. This move by the World Bank marks a significant advancement towards a greener future not only for India but also globally. It sets a positive precedent for other countries, highlighting the importance of transitioning to cleaner energy sources to combat climate change. The commitment to India's low-carbon energy reforms underscores the recognition of developing economies like India in the global effort to adopt sustainable energy solutions.