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This year’s union budget indicates a seismic shift in Indian Government thinking on agriculture, viewing it as not just as a ‘survival’ industry, but as one that generates income and growth. But to take Indian agriculture out of the time warp it is in currently, the government must entice increased engagement from the private sector.
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COP21 is a reality check for those who like to believe that geopolitical power is shifting from West to East. The just-concluded Paris Climate Summit was essentially about the early-to-develop Western powers continuing to exercise almost complete control over global governance structures, largely through the dominance of markets.
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An unspoken war has been waged between India and the U.S. at the COP21 Summit in Paris. If the West wants India to opt for more expensive energy options, then they must also reciprocate by sharing technology.
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The Climate Conference in Paris offers the globe a chance to arrive at a firm action plan—and underpinning this chance are advances in solar and electric vehicles technology. If the Paris talks focus on making such technology and related finance available to countries like India, we can move closer to achieving climate goals
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If COP 21 Summit in Paris is to play a decisive role in warding off climate havoc, it must strengthen efforts to resolve the greatest market failure in history. Efforts to reconfigure market culture are part of a larger civilizational process of treating profit as the means not the goal of business.
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As the discussions at a recent meeting on sustainable infrastructure hosted by the Economic Policy Forum showed, many of the building blocks are already in place. The challenge now is to focus on macro public policy issues, and ask if the short-term compulsions of governments and the private sector will continue to create infrastructure that is unsustainable.
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On 1 October 2015, India submitted its INDCs to the UN. The ambitious goals set by the Narendra Modi government have no doubt silenced its critics. However, to achieve these lofty goals, India needs a paradigm shift in the kinds of business and development models it encourages.
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In Germany in June 2015, G7 countries made major commitments towards decarbonisation and reduction in greenhouse gases, which will lead to binding decisions at the COP-21 conference in Paris in December. Germany pushed for these outcomes, and as one of the most energy efficient countries in the world its technology and expertise can help India’s targets of alternative energy and sustainable industry.
Courtesy: UN Climate Conference
With the weaker-than-expected agreement at the recent Climate Change Conference at Lima, there is an urgent need to replicate innovative green endeavours in civil society and business for a sustainable global economy with grassroots empowerment
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The U.S.-China deal on climate change and clean energy is too little too late. Instead of radical transformation, it is business-as-usual, setting a sub-standard benchmark for others to follow. Will the Indian government play within this framework, or challenge it?