The local chapter of Indian Chamber of Commerce and Industry (ICCI) has joined hands with National Productivity Council, and Taiwan which would provide industries innovative green solutions to curb carbon footprints in the wake of growing climate change threats. ICCI president Sriramulu and the productivity council director-general Sandeep Kumar Nayak signed a memorandum of understanding (MoU) in this regard on Friday, a release from the chambers said on Saturday. Earlier, an 8-member delegation of Taiwan-China Productivity Centre held a meeting with industrialists and entrepreneurs during which Taiwan assured to provide technology to promote green technology in energy efficieny, smart e-mobility, water treatment and smart agriculture, said the release. The green technology would reduce energy consumption while reducing an equal amount of greenhouse gas in India, it said. Technology such as cloud-connected e-mobility, power-generating elevators, electrodialysis for industrial wast
'Now, the focus of the country is on growth, on green jobs. And to achieve all these goals, the role of the environment ministry of every state is enormous'
Green mobility is going to play a major role in decarbonisation of India's transport sector, NITI Aayog CEO Parameswaran Iyer said on Wednesday. Iyer, while addressing an event organised by the 'Shoonya Forum', noted that the role of financing is critical for scaling of electric mobility in India. He also stressed on the need of finding ways to reduce risks associated with financing of electric vehicles. Pointing out that the rural India is urbanising rapidly, the NITI Aayog CEO said there is a need to push electric vehicles in smaller cities also. According to a recent report prepared by NITI Aayog and Rocky Mountain Institute (RMI) India, banks and non-banking financial companies (NBFCs) have the potential to achieve electric vehicle financing market size of Rs 40,000 crore by 2025 and Rs 3.7 lakh crore by 2030. The report had also stressed that lending by banks and NBFCs for buying EVs should be included in the Reserve Bank of India's (RBI) priority-sector lending (PSL) ...
A number of agreements covering sectors such as green shipping, animal husbandry and dairying, water management, energy, cultural exchange were inked after the bilateral talks
The white paper by Ficci and Trilegal highlights that the country needs a large budget allocation, international finance from bilateral and multilateral sources and green private investments
Green gentrification studies suggest sustainable developments may raise the prices of property nearby