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Founded in 1992, the Indian group Gravita handles some 240,000 tonnes of lead-acid batteries every year, in compliance with strict environmental and safety standards. This leading industrial player has recently been financed by Proparco. The Group is also present in Sri Lanka and five African countries and is helping to structure a sector that is often dominated by informal players in developing countries. This report is from the Group's headquarters in Jaipur, capital of the Indian state of Rajasthan.

PROPARCO is present in India since 2009. Our mission is to support the private sector with funding and technical assistance to promote sustainable and inclusive development. Proparco partners with India on its mission to achieve strong economic growth as well as to improve social and environmental conditions.

India’s renewable energy potential is untapped, yet a large portion of its population remains disconnected from the grid. Since 2013, Proparco has been supporting Azure Power, one of India's leading photovoltaic operators, in developing renewable energy projects in the country.

At Proparco, we strongly believe that the private sector holds a great responsibility in contributing to economic development while delivering significant positive impacts for the populations and the environment. That is why we have been offering long-term financing to banks and companies that can demonstrate their contribution to sustainable development.

Inderpreet Wadhwa, Founder and CEO of Azure Power, describes his company's commitment to develop new solar power plants in India.

Simpa is providing people in Uttar Pradesh (India) with access to electricity, by selling a prepaid service based on solar energy. Proparco's financing is allowing it to develop its activity in other regions.

This twenty-second issue of Private Sector & Development investigates the private sector’s role in financing the energy transition, exploring pathways for achieving the expansion that is so crucial for our future. It looks at the challenges facing the Paris Climate Change Conference and private sector engagement, assesses the mechanisms developed within the framework of the Kyoto Protocol and explores specific pathways that could unlock a scaling up effect.

There is no denying the healthcare progress made by developing countries. However, the sector needs additional financing to meet growing needs. What is the role for private investment?

Open dumping of waste presents a real threat to the environment and to human health and is commonplace in developing countries. Constrained by budget pressures, towns and cities in the southern hemisphere are struggling to deal with the proliferation of municipal solid waste. Global production has practically doubled over the past ten years and is expected to reach 2.5 billion tonnes per year in 2025 as a result of the combined effect of urban development and changes in consumption patterns.