ICICI foundation for inclusive growth has partnered with the Environmentally Sustainable Project Finance (ESPF) group at the Centre for Development Finance at IFMR in order to foster markets for delivering high quality, environmentally sustainable infrastructure, goods and services. Its work is focused on four distinct areas:.

Sustainable development: To provide the poorest of India's households access to technology and services that improve livelihoods while conserving natural resources and protecting ecosystems.

Climate change: To promote investments, policies and research that reduce the impact of harmful climate change, improve India's ability to adapt to climate change and explore linkages between poverty and climate impacting behaviours

Responsible Investment: To encourage policy makers, financial institutions, corporations and individuals to incorporate long term thinking on environmental impacts into investment decisions and to measure quality in green investments.

Accountability: To engage in research and policy advocacy to improve environmental governance and encourage accountability for environmental degradation.