India’s net zero goal by 2070 is important, but renewables must also protect biodiversity to avoid new problems. Solar and wind projects can sometimes harm habitats, contributing to biodiversity loss where India holds 7% of global species, with over 600 threatened. The country has lost significant forest cover, worsening issues like crop failures that could reduce GDP by 1.5% yearly.

Biodiversity-focused renewables, like projects with wildlife corridors, offer benefits. Globally, nature-positive investments could unlock USD 10 trillion in value, with India capturing 10-15% through eco-friendly designs. One-third of India’s GDP relies on nature-dependent sectors, making this essential. For IPPs, these projects earn higher prices via green credits and meet standards like the Taskforce on Nature-related Financial Disclosures.

Companies with high power needs can cut water use by 90% in bio-integrated solar sites, improving supply chains and reducing risks. Service providers gain from impact assessments and tech for ecosystem monitoring.

Lenders benefit from lower risks, qualifying for special funding from banks like the Asian Development Bank. Biodiversity loss already costs the global economy USD 5 trillion annually.

Okaga Renewables integrates biodiversity in projects. We provide data tools for IPPs, companies, providers, and lenders to achieve nature-positive outcomes.