FICCI said that a report -- 'Industry Perspectives on INDCs and Corporate Initiatives on Climate Change Mitigation and Adaptation in India', which it today submitted to the Environment Ministry, will help the government ascertain areas where it could help industry scale up climate mitigation and adaptation initiatives.
INDCs are voluntary pledges that countries are making to cut carbon pollution ahead of the UN climate meet. India is also likely to submit its INDC very soon.
"In addition, this report also signals the areas where the government could help industry scale up diverse range of climate mitigation and adaptation initiatives that industry has taken on its own outside its conventional business and which could be replicated across all sectors," the body said.
In preparation for the Conference of Parties (CoP-21) in Paris, scheduled from November 30 to December 11 this year, many nations have submitted what post-2020 climate actions or Intended Nationally Determined Contributions (INDCs) they would take under a new international agreement.
"These initiatives were either as a part of the companies' Corporate Social Responsibility (CSR), voluntary action to reduce environmental impact of their operations, initiatives embedded in their core business operations and some could be under the ambit of government programmes and schemes," it said.
The report is a culmination of industry consultations on INDCs that was organised by FICCI as well as questionnaire responses on existing climate initiatives and sector-specific focus on INDCs.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
