Olaf Weber, Senior Fellow, Centre for International Governance Innovation (CIGI), University of Waterloo Research Chair in Sustainable Finance, one of the participants in the India-Canada Track 1.5 Dialogue, on how green finance and economic development are not contradictory any more
Courtesy: Gateway House
In Amar Bhattacharya's interview he discusses the desperate need for additional finance to succeed in implementing measures for climate change mitigation. He stresses on the special need for countries like India to access capital, make this transition, and serve as an example for other emerging markets. He highlights the importance of the private sector in entering the green financing sphere as well as the need for the government to establish the blueprint and safety nets necessary to enable these private financiers to invest in green infrastructure.
Courtesy: Gateway House
In his interview, Dr. Peter Wolff discusses the pillars and objectives of Germany's Marshall Plan for Africa and the need to integrate it into the global value chain. In the sphere of renewable energy, he argues that the most effective way of establishing a solid renewable sector is through market based strategies rather than government based ones. Although in some industries public private partnerships are the best measure, in others a more corporate lead approach is better.
The Conference of Parties (COP21) is beginning on 30 November in Paris, France. Prime Minister Narendra Modi has climate change has one of the top priorities of his foreign policy. Gateway House spoke with Nick Robins, Co-Director, Inquiry into the Design of a Sustainable Financial System, United Nations Environment Programme (UNEP) on green financing and how India can leverage on it to further its energy needs.
