SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 02 Sep, 2017  

FICCI Logo India cuts down its carbon emissions substantially: Environment Secy.

air.pollution.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
SME Times News Bureau | 02 Sep, 2017
Secretary, Ministry of Environment, Forest & Climate Change (MOEFCC), Ajay Narayan Jha Friday said that India has cut down its carbon footprints and emissions substantially with the help of enabling technology in fossil fuel plants, transition to renewable energy and improved forest cover.

Speaking at a Plenary Session on 'India's Policy and Business Climate for a Low Emissions Trajectory', on day two of '3rd Business and Climate Summit 2017' organized by FICCI in collaboration with the Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India; Ministry of New and Renewable Energy (MNRE), Government of India and the Government of Sweden in New Delhi, Jha said that India has been at the forefront of developing institutional mechanism and framework for climate change and had initiated a Plan of Action to achieve the goals of India’s Intended Nationally Determined Contributions (INDCs).

He added that synergies between the Centre and States were also crucial as States had a crucial role in mitigating climate change.

Naina Lal Kidwai, Chair, Delhi BCS Steering Committee & Past President, FICCI, moderated the session.

Dr. Ajay Mathur, Director General, TERI, said that energy consumption was amazingly low in India and there was a great opportunity for technology leapfrogging to reduce emissions in the country. There was a need for large amount of infrastructure on both supply and demand sides. Besides, new business models were necessary for reducing specific energy consumption.

Dr. Mukund Rajan, Chairman, Tata Global Sustainability Council, Chief Ethics Officer & Head – International Operations, Tata Sons & Chairman, FICCI Environment Committee, said that the corporates were undertaking social and natural evaluations to access the damage to the environment and find ways to reconcile it. Circular economy and sharing economy were being propagated to reduce emissions. Corporates were willingly joining skills programs and other such endeavors. Leading companies were placing sustainability at the heart of the strategy, he added.  

Jill Duggan, Director, Prince of Wales' Corporate Leaders Group (CLG), said that India has been working on various programs on climate change mitigation and nations could learn from India's policies.

She added that though business needs a stable policy environment, policy makers should have the flexibility of renewing and revisiting policies. Prince of Wales' Corporate Leaders Group brings together European business leaders to accelerate progress towards a low carbon and sustainable economy.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter