UK-India Business Leaders Climate Group discusses laying down of a charter of principles, actions and mechanisms to cut carbon emissions and identify business opportunities to fight climate change in both the countries.
Climate Change
Call it an Indian CEOs growing UN tribe. With the United Nations gradually viewing businesses as part of the solution rather than the problem to address issues like climate change and social development, a number of Indian CEOs are invited to occupy high chairs to lead serious non-business initiatives as well as share their experiences at important global conferences.
When UN secretary-general Ban Ki-moon held a press briefing at the UN Global Compact Leaders’ Summit 2010 in New York, he had Ajit Gulabchand, CMD, HCC for company.
Fresh three-day talks begin in Bonn on Friday to lay down the time table for preparatory meetings in run up to the UN Climate Change Conference in Cancun in Mexico.
Many Indian companies ranging from power majors like NTPC to diversified groups like Mahindra and Mahindra to software leaders such as Infosys are already on track to reduce greenhouse gas (GHG) emissions.
Transfer of clean technology from industrialised countries to developing countries is one of the main issues holding up progress in climate change talks in Copenhagen.
The approval of India’s technology transfer proposal to establish a global network of climate innovation centres for developing and deploying clean technologies at the ongoing climate change talks in Copenhagen should cheer businesses.
Irrespective of whether a Copenhagen declaration incorporates a legally binding climate change agreement or not, the event has proved to be a huge green branding exercise.
Apart from Indian Prime Minister Manmohan Singh, the participants at the UN climate change conference in Copenhagen include US President Barack Obama, UK Prime Minister Gordon Brown, French President Nicolas Sarkozy and Chinese President Hu Jintao.
Prime Minister Manmohan Singh is expected to take part during the last leg of the Copenhagen Summit on climate change.