Clean technologies have the potential to generate 10 million jobs in India by 2025 if a strong intellectual property system is preserved, says a new report.
Climate Change
In the run up to the UN climate change conference in Copenhagen, industrialist-politicians cutting across party lines believe that India should stick to its stand of not taking on emission reduction targets and at the same time take actions at the national level.
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.
The deadlock on the issues of emission cuts, financing and technology transfer continues in the run up to climate change talks in Copenhagen.
The European Union has proposed that countries like India and China, which are more advanced than other developing nations, should partly share the climate change adaptation and mitigation expenditure in developing countries.
India is proposing to impose a mandatory fuel efficiency cap, enforce an energy-efficient building code for all public buildings, and push the share of renewables to mitigate climate change.
While urging governments to take collective action to address the challenge of climate change, global business leaders and investors extend support for arriving at a balanced and effective global agreement in Copenhagen.
Solar power is all set to light up the renewable energy industry in the country with the launch of Jawaharlal Nehru National Solar Mission.
Only political will at the highest level can break the ongoing deadlock in the global climate change negotiations. The biggest opportunity to give a push to the post-Kyoto talks is expected to come up during the UN secretary-generals climate change summit in New York on September 22, when more than 100 heads of state and government are expected to assemble, say sources involved closely with the preparatory talks.