As per a report prepared by Climate Action Network South Asia, Christian Aid and  heinrich böll Foundation (HBF) India titled “Low Carbon Development in South Asia: Leapfrogging to a Green Future”, a ‘leapfrog fund’ should be established from global mitigation finance to support South Asia in moving towards a low-carbon economy. The report further states that Green Climate Fund, established by the United Nations Framework Convention on Climate Change, should include a dedicated window for this purpose.

Drawing on case study evidence from four countries (Bangladesh, India, Nepal and Pakistan), the report presents the case for a low-carbon South Asia that is able to deliver clean and sustainable energy to millions of energy-poor people and at the same time drive a productive green economic expansion to deliver a higher sustainable standard of living across the subcontinent.