Use of carbon markets as a key tool should be extended to foster the much needed development and deployment of low carbon investments and technologies, said Mr. Datla. Cooperation on research, development and deployment of clean technologies must be scaled up and emissions from international aviation and maritime transport should be addressed, he said.
Mr. Datla also mentioned deforestation and adaptation to climatic changes are other significant concerns for environmental issues.
Dr. K P Nyati, Principal Advisor, CII – ITC Center of Excellence for Sustainable Development, said that MSMEs should be creative and adaptive to innovation. More than 90% of global companies are MSMEs and their contribution to the economic growth of a country is crucial.
Government should assist MSMEs to get carbon credits and a fund should be created for MSMEs to explore climate friendly technologies, Dr. Nyati mentioned. Industrial symbiosis should be framed with the formation of MSME clusters, where one industry can gain from the other industry's waste,he said.
Mr. R C Jain, Director – Eicher, said that there is a real shift taking place in large sections of the business community who realise that strict environmental regulations are required to control environmental pressures.
The MSMEs must be part of the comprehensive UN agreement for global action to cut greenhouse gas emissions in the period after 2012, when Kyoto Protocol's first commitment period ends, added Mr. Jain.
A Memorandum of Understanding (MoU) was signed between CII and UNIDO to take up consolidated project for SME development in India. Elaborating on the objectives of MoU, Ms. Sarita Nagpal, Director,CII said that the CII-UNIDO Development Project will promote direct foreign investment and industrial co-operation agreements, fostering investment and partnership of selected target market countries towards the MSMEs.
The MoU will facilitate and promote Investment, Development through cluster approach, Equity Financing, Technology and Subcontracting Partnerships between SMEs and International Potential Partners. The project will further upgrade and strengthen the existing capabilities and capacities of Indian SMEs through cluster twinning strategy.
Confederation of Indian Industry
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