Indian family offices are becoming a key source of capital for the country's green energy transition. India needs around $500 billion per year to reach net zero by 2070, but actual investment in 2024 was about $135 billion. Family offices, with money that can stay invested for a decade or more, are filling part of that gap by backing long-duration projects like renewable infrastructure, green hydrogen, and carbon capture. The article notes that India is expecting $1.3 trillion to $1.5 trillion in wealth transfers over the next decade. Younger generations are shifting 40% to 45% of portfolios into alternatives such as private equity and private credit. That gives green projects access to patient capital, while also acting as a hedge against volatile fossil fuel imports. Risks remain. Family offices often lack the reporting infrastructure of institutional investors, and long lock-ups can create liquidity problems. The effectiveness of this capital will depend on how quickly SEBI and national climate finance standards mature.
