The Indian government recently announced its commitment to reach Net Zero by 2070 along with intermediate 2030 targets which include increasing non-fossil fuel electricity capacity to 500 GW, meeting 50 percent of the country’s electricity requirements from renewable energy, reducing carbon emissions by one billion tons, and bringing down the economy’s carbon intensity by 45 percent. Meeting the ambitious 2030 targets and transitioning the country towards a net zero pathway will require significant effort at both the Central and sub-national level. States play a critical role in undertaking measures and implementing the actions required for change on the ground. Reaching the 2030 targets and eventually net zero will require substantial and immediate action from state governments as well as local actors and civil society organizations. However, this can be a challenge because there is a significant capacity gap within the states when it comes to understanding the nuances of climate change and accessing finance from private/international sources for implementing low-carbon projects. Additionally, the sub-national actors have limited resources and are ill equipped to undertake large scale implementation of climate actions. For example, the state action plans on climate change (SAPCC) lack scientific basis and are difficult to translate into fundable project ideas. It is, therefore, important that this gap is urgently addressed, and state actor capacities are built to ensure that India stays on track to achieve its climate action targets. This roundtable will focus on a) identifying various barriers to access of ‘green’ finance by state actors and b) provide insight into different mechanisms which can be used to leverage capital flows at scale through greening of financial activity. Speakers: CPI, IORA, CBGA, CBI, ICLEI, TERI, ADRI.