The coalition aims to bring together investors, governments and development banks to help increase the flow of capital to green infrastructure investments around the world.
"The Green Infrastructure Investment Coalition (GIIC) aims to address the investment challenge of building green infrastructure as it cannot be met with public sector funds and bank finance alone", Ficci said in a statement.
A key task for the coalition will be to look for ways to bridge risk gaps to ensure that investment profiles can meet the needs of institutional investors, it added.