The NIIF sub-fund will use UK government finance to catalyse private sector investments from global/UK investors, through the City of London to infrastructure projects in India. To help India address a key constraint to inclusive growth by boosting investment into infrastructure - which will lead to growth, job creation and poverty reduction in India. The fund is fully attributed to climate change mitigation - ie low carbon development, reducing greenhouse gas emissions. The fund will primarily invest in sectors like Renewable Energy, Clean Transportation, Water Treatment, and Waste Management. The success of this intervention will lead to follow on private investment that will have a transformational impact on India's economic development.