New Delhi, Aug. 6 -- India's sovereign fund, the National Investment and Infrastructure Fund (NIIF), is aiming at a heightened pace of investing in climate opportunities in the country through its India-Japan Fund (IJF).

Armed with $600 million in commitments, the IJF will likely deploy its remaining capital in the next 18-24 months, a senior fund executive said in an interview with Mint. The fund has backed Ather Energy, Eka Mobility and Mahindra Last Mile Mobility so far and is targeting sub-sectors such as mobility, energy efficiency, energy transition and waste recycling.

"We are looking to invest in opportunities that arise from the India-Japan corridor, where Japanese companies can bring their expertise or technical know-how to th...