Green India Venture Fund (GIVF)
Need for such fund

Climate change is among the most challenging issues mankind has ever faced. Greenhouse gases form a blanket layer over earth's atmosphere and trap heat waves within atmosphere, thus, gradually leading to rise in global temperature. GIVF proposes to contribute to cleaner environment and sustainable development and also generate substantial revenues for all willing to espouse the cause of clean environment.

"IFCI Venture has received a credit rating from CARE of A+ for its loan facilities aggregating to Rs. 50 Crore (applicable for facilities having tenure of not more than one year) and a rating of A- for its loan facilities aggregating to Rs. 200 Crore (applicable for facilities having tenure of more than one year)"