The money will be mobilised through various means, including "lending, investing and raising capital towards mitigation, adaptation and resilience", the bank said.

The bank was the first Indian lender to raise money by issuing 'green bonds', where money is raised to fight climate change.

The statement issued at a time when all the countries are discussing strategies on climate change in Paris, did not offer any further details.

The bank today said it will be targeting funding 5,000 MW of clean energy, increase the share of renewable energy in its portfolio, plant two million trees and also offset carbon emissions through its operations by 2020.

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