Indian President Pratibha Patil’s visit to the UK has led to the decision to undertake a joint study with the British government on how to overcome barriers to clean technology transfer from industrialised countries to developing countries.
Clean Technology
The issue of technology transfer from industrialised to developing countries, a contentious issue in the ongoing climate change negotiations, should be seen as a win-win situation by both blocs, say leading Indian business leaders.
UNFCCC chief Yvo de Boer’s worst fear is if the climate change agreement in Copenhagen is not 100% clear and countries have to spend time arguing how to implement the agreement than implementing it.
Cleantech Group with more than $3 trillion in assets brings together Rajat Gupta, director, McKinsey; Tejpreet S Chopra, president & CEO, GE India; Raja Parthasarathy, MD, IDFC Private Equity; Anupam Yog, founder, Mirabilis Advisory and Nitin Desai, former UN under secretary-general to deliberate on strengthening clean technology business in India.
While some b-schools are launching programmes on sustainability, others are starting courses in climate change, CDM and carbon trading.
The seriously rich are always followed. Now even the colour of their money is getting noticed as new trends emerge. High net worth individuals (HNWIs) are increasing their investment in green technologies, says the World Wealth Report 2008 brought out by wealth management company Merrill Lynch and IT and outsourcing consultancy Capgemini.