SME Times is powered by   
Search News
Just in:   • Distressed Jaypee home buyers seek government's intervention  • CII suggests creation of National Employment Board  • From merger, govt now looks to de-merge 3 PSU insurers then look for strategic sale  • April fiscal deficit at 0.75% of GDP  • Trump delays 10-city raids on illegal immigrants 
Last updated: 09 Oct, 2018  

Globe.9.Thmb.jpg 'Framework to help climate change mitigation efforts of industry soon'

globe-generic082012.jpg
   Top Stories
» April fiscal deficit at 0.75% of GDP
» Manufacturing outlook moderates in Q1: FICCI survey
» Printing of Budget commences with Halwa Ceremony
» NSIC signs MoU on eGovernance services benefitting MSMEs
» DPIIT to work with industry for exports promotion: Goyal
SME Times News Bureau | 09 Oct, 2018

The Government of India was working on a regulatory framework to facilitate climate change mitigation efforts of industry, said a senior official of the Ministry on Environment.

"We expect industry to make use of the new technologies to reduce carbon emissions," C K Mishra, Secretary, Ministry of Environment, Forest & Climate Change said, while making the comment.

He made clear that the global pre-2020 commitments on reductions in carbon emissions were sacrosanct and emphasised that climate finance and technology transfer were critical not just for India but for many other countries that were completely dependent on a dedicated fund for combating the impact of climate change.

He told industry that its request for allowing a couple of years more for implementing emission norms and targets would be granted only if it was accompanied by a concrete roadmap of action.

Mishra said that the government was also working on a pilot project on developing carbon pricing instruments, particularly for the waste and MSME sectors where the possibility of carbon reduction is maximum.

Julie Reviere, Country Director, GIZ India, underscored the critical need to draw up action plans and roadmaps which were inclusive and participatory and ensure that the instruments to implement the plans were diverse and cost-effective.

She said that GIZ India remained committed to engaging with the MoEFFCC to help India meet its Nationally Determined Commitments (NDC) targets.

Kolluru Krishan, Chairman, FICCI Climate Change Committee and Chairman, CVC India Infrastructure Pvt. Ltd., said that there was a need for regulation in compliance and policies and engagement of the private sector.

FICCI, he said, had adopted a holistic approach towards climate change mitigation in alignment with the Paris Agreement. The Chamber was also working on a position paper on movement towards sustainable plastics.

 
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
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Jun, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» MSMEs can now register delayed payment grievances online(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter