Germany Commits $1.51 Bn To India For Climate, Urban Mobility.
Germany has committed almost USD 1.51 billion (EUR 1.3 billion) to India in the current cycle of development cooperation, with funding concentrated in climate and energy projects, sustainable urban development, green mobility and the management of natural resources. The support will be provided largely as concessional loans.
The commitments were finalised at the India–Germany Government Negotiations on Development Cooperation 2025, held under the Green and Sustainable Development Partnership (GSDP). The partnership, launched in 2022, focuses on supporting sustainable and climate-aligned growth.
Christine Toetzke, Director General for Asia, Latin America, Middle East, Eastern and Southeastern Europe at the German Federal Ministry for Economic Cooperation and Development, said India continues to be treated as a key strategic partner by Berlin. She said the partnership aims to foster sustainable prosperity and collective solutions to global challenges.
Philipp Ackermann, German Ambassador to India, described the GSDP as a distinctive model, noting its scale and collaborative structure between the two countries. He said it represents two mature economies working together on shared challenges rather than a traditional donor–recipient relationship.
Ahead of the negotiations, Toetzke visited Bengaluru to review the Indo-German Green Urban Mobility Partnership for All. The programme highlights India’s ongoing transition to low-carbon mobility, with projects ranging from mass transit systems to digital solutions for accessibility and transport planning.
One example is the recently inaugurated Yellow Line Metro segment in Bengaluru, supported by a EUR 340 million loan from KfW, Germany’s development bank. The project aims to lower emissions while creating jobs in the local economy. German companies, including Siemens, Knorr-Bremse, Hubner and Voith, have supplied key components and services.
Source: Businessworld