India is among the developing countries that are vulnerable to climate change, while also in need to promote economic growth to alleviate poverty. To promote sustainable, low-carbon, and climate-resilient growth, India will require continuous efforts in mitigation and adaptation through Nationally Appropriate Mitigation Actions and National and State Adaptation Plans. This chapter analyzes the financial requirements for mitigation and adaptation in India and highlights that multilateral agencies’ support in climate mitigation and adaptation has been higher in the past than the funds received through global funds established through climate change conventions. The chapter recommends that though continuous support of multilateral agencies will be required in the future, efforts to access mitigation and adaptation funds must be made through global climate change negotiations.