7/28/2023 0 Comments Wbcsd avoid climate lockdown![]() New direction is required to capture emerging markets and drive down pollution.Ĭall to action: Rapid policy reform to facilitate system flexibility, reducing regulatory barriers, and improving the financial situation of DISCOMs through re-establishing electricity demand via electrification of transport and industry using renewables. The Indian auto sector has seen sharply declining sales, with the trend starting prior to COVID-19. To support the sector, create jobs, lower energy costs and reduce emissions, all measures should be taken to further accelerate this transition. Why it matters: India is already a champion of renewable energy technology development and deployment, which has resulted in significant benefits for the country. Accelerate the power sector transition and clean mobility adoption It will be vital to support employment creation in these areas, such as local construction, to help maintain incomes. This will guarantee greater resilience to future shocks, including infectious diseases, economic impacts, and extreme weather events.Ĭall to action: This should include focusing resources on slum rehabilitation through extending and improving existing coverage of services, such as energy, water, and transport. Why it matters: There is a clear need to improve public healthcare and welfare support for vulnerable communities across India. Invest in social infrastructure, ensuring greater access and resilience This statement is a 'call to action' for businesses to prioritise actions that can work alongside the government and civil society to deliver a step-change in sustainable growth. To promote policies that can stimulate green growth and create a resilient India, this Statement outlines a set of 8 priorities for repurposing business activity. In order to achieve inclusive growth and emissions reductions in line with the Paris Agreement, collective effort is necessary, requiring active participation from corporate India. Indeed, investing in a clean energy future, along with protecting and enhancing the environment, are the only ways to ensure that we achieve rapid, sustained growth in the long term with employment opportunities for all. Whilst today, we are wrestling with the economic consequences of the coronavirus pandemic, this should not divert us from the goal of reducing carbon emissions to avoid the worst effects of climate change. As India mobilises its response to these events, it is imperative that we build back better, improving resilience and guaranteeing sustainability. ![]() The World is currently facing one of the most challenging periods in recent history – the dual impact of a public healthcare crisis, compounded by an impending economic crisis. ![]() Twenty business leaders from India have signed a statement that is a 'call to action' that outlines priorities for repurposing business activity to stimulate green growth and create more resilient India in the economic recovery required in the wake of the Covid 19 pandemic
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