[{"bbox": [81, 146, 1167, 1634], "category": "Table", "text": "<table><tr><td></td><td>hydrogen and off-sore wind may be challenging and face delays due to lack of investor confidence and/or weak policy framework/ high capital costs.</td><td></td><td>EU-India Clean Energy and Climate Partnership by assiting India in identifying suitable financial models for the First Offshore wind Plant(s) and Green Hydrogen valleys in India. Close collaboration and coordination with international partners (World Bank group, ADB, etc.) and national institutions will also be important.</td></tr><tr><td></td><td>v) Market access barriers created for example by the existing public procurement regulation might discourage EU business from seeking a more active involvement in India.</td><td>Medium</td><td>Medium</td><td>v) The EU will ensure, to the extent possible, that such procurement issues are addressed in the ongoing EU-India FTA and investment agreement negotiations.</td></tr><tr><td rowspan=\"2\">2. Planning, Processes, systems</td><td>i) Indirect management for implementation may overshadow EU support vis a vis the implementation agencies selected.</td><td>Medium</td><td>Medium</td><td>i) The EU will ensure 6 monthly steering committee meetings together with Indian stakeholders and implementing partners to highlight EU support and promote a Team Europe approach in clean energy transition, sustainable finance and promoting biodiversity sectors. Close regular monitoring and constant involvement of the Delegation in the different components of the Action will be ensured as it is already the case for ongoing projects.</td></tr><tr><td>ii) Lack of coherent standards/ taxonomy in sustainable finance may cause delays.</td><td>Medium</td><td>Low</td><td>ii) The EU will ensure coordination and linkage with the EU's Sustainable finance Hub to be launched in 2023. Linkages with the EU Global Green Bonds Initiative will also be ensured.<br>The EU will ensure policy coherence with the International Platform for Sustainable Finance (IPSF).</td></tr><tr><td></td><td>iii) Possible risk in donor/institution crowding in supporting strategic sectors as clean energy, biodiversity and sustainable finance.</td><td>High</td><td>Low</td><td>iii) Regular coordination with development partners and State level authorities will be ensured to promote effective coordination, Team Europe approach and further alignments with like minded organisations (World Bank, ADB, US, Norway, Japan, Canada, Switzerland and Australia).</td></tr><tr><td>3. Legality and</td><td>i) India may not achieve its ambitious renewable energy (RE) targets (500 GW by</td><td>Low</td><td>Low</td><td>i) The EU India Energy Panel has existing cooperation with India on solar, offshore wind, energy efficiency, smart grids, and green financing. EU technical assistance will</td></tr></table>"}, {"bbox": [1026, 1680, 1143, 1705], "category": "Page-footer", "text": "Page 17 of 34"}]