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28 May 2024

A group of people sitting at a table for a panel discussion on Accelerating Green Economy in India

PAGE India contributed to the Stakeholders Roundtable Discussions on “Accelerating Green Economy in India“, hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI), on 28 May, in New Delhi. Topics included Green GDP Accounting and Framework, Industrial Transition, and Financing for Green Economy.

 

Portrait of Manisha Choudhary

PAGE National Coordinator, Manisha Chaudhary chaired the panel discussion on “Challenges and Solutions for Green GDP Accounting and Framework” alongside panelists from the National Stock Exchange (NSE), Centre for Policy Research (CPR), India and World Resource Institute (WRI).

The discussion underscored the need for incentive mechanisms, accessible data, market drivers, and enabling policies like Sustainable Public Procurement and Ecolabeling to drive this essential transition towards sustainable and inclusive economic growth, and to achieve the targets for Sustainable Development.

PAGE emphasised the critical need for transitioning towards an Inclusive Green Economy and highlighted the pivotal role of industry stakeholders in advancing the transition, especially in strategic sectors like building and construction, mobility, textiles, plastic and food sectors. These sectors have immense potential to mitigate carbon and environmental footprints.

The event brought together representatives from the NITI Aayog (Government of India), Global Green Growth Institute (GGGI), and other industry stakeholders.

India joined PAGE in 2018. PAGE activities in India are contributing towards the achievement of SDGs 7 (Affordable and Clean Energy), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation and Infrastructure), 11 (Sustainable Cities and Communities), 12 (Responsible Consumption and Production), 13 (Climate Action) and 17 (Partnerships for the Goals).

People at a table taking part in the discussion on Accelerating green economy in India
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