Laudable effort by India on inclusive green economy: UNEP chief

Image
IANS New Delhi
Last Updated : Apr 02 2017 | 1:32 PM IST

UN green panel chief Erik Solheim has lauded India's efforts in embarking on a path to an "inclusive green economy", saying that moving towards a low-carbon future would serve its own interests well.

"What we can see in India is a country beginning to embark on a path to an inclusive green economy because it makes perfect political and economic sense," Solheim told IANS in an email interaction from Arkhangelsk in Russia, where he is attending an international conference on development of the Arctic.

Praising Prime Minister Narendra Modi, the United Nations Environment Programme (UNEP) Executive Director said the country has the potential to unlock huge development and growth with a shift to renewables.

But India, he said, is facing multiple challenges.

"There is a need to lift hundreds of millions out of poverty, address long-term energy security and cut urban air pollution. It simply cannot afford to conduct business as usual, because the arguments for this shift are so compelling."

For Solheim, innovations in expanding solar energy in places like Tamil Nadu and Kerala send a very strong message that resonates across the country.

"We're seeing huge private sector uptake. India revolutionised the information technology sector and I see no reason why it shouldn't do the same for renewable energy."

Advocating renewable sources, Solheim said these "are the future" and fossil fuels are the past.

"Innovations in how we harness wind and solar power and energy storage is also accelerating and pushing down prices. These sectors have established themselves as providers of greater energy security with more jobs, better quality jobs and better paid jobs."

He said no country or company could afford to ignore this trend.

"When it comes to embracing a low-carbon future and building a green economy, the train has already left the station. More importantly, countries like India and China are embarking on this journey not because they wish to please others, but because they are ultimately serving their own interests," he noted.

"That means ensuring their citizens can breathe clean air. It means building resilient economies and ensuring long-term inclusive wealth," he said.

For Solheim, who has spent a lifetime fighting for the environment, renewables are a major economic opportunity and not an obligation.

"In that respect I am convinced there is sufficient momentum and a strong incentive to stay on this path," he added.

(Vishal Gulati can be contacted at vishal.g@ians.in)

--IANS

vg/vm/hs/sac

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 02 2017 | 1:26 PM IST

Next Story