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India plans to classify clean activities, tech under new policy: Report

India projects $10 trillion to $15 trillion in investment is needed to achieve net-zero carbon emissions by 2070

Sustainable Development
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Sustainable Development

Reuters New Delhi
India is working on a policy to classify economic activities and technologies into sustainable and non-sustainable categories to help investors looking for green projects, three government officials say.
 
Under the proposal, similar to the Green Taxonomy pioneered by the European Union (EU), the government will certify sustainable activities, which it hopes will attract more funds and give investors an extra layer of comfort, said the three government officials, who did not want to be named because they were not authorised to speak to the media.
 
The renewable energy ministry and the finance ministry are working on the draft policy. Neither

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First Published: Jan 27 2023 | 2:22 PM IST

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