The experts unanimously agreed that innovative financial system are required to finance India's renewable of energy requirements. About 60 billion dollars are required in next seven years. The chair person of SBI, Ms Arunadhiti Bhattacharya said bankers will be willing to finance if the projects are technically and financially viable. <br/><br/>She said her bank has already funded over 12 billion dollars in this sectors and her bank will approach the world bank and other international agencies. She said that financing this sector should be included in the priority sector lending. CEO of the Climate Bond Initiative, Mr. Sean Kidney said the cost of the capital must come down. He said Global interest on India is breath taking. <br/><br/>The Confederation of Indian Industries representative said cheap long term funds are required for investment. The programme on the Financing Renewable in India was organised in the sidelines of COP21 in Paris to discuss how to promote credit for the renewable energy projects. <br/><br/>AIR correspondent report the panel discussed If any policy issues are to be addressed to achieve the kind of ambitious goals set by the prime minister India is committed to generate 40 percent of its power from non fossil fuel sources by 2030 that is just fifteen years from now. IT will be a challenge to provide millions of the people at affordable rates and simultaneously.