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India moots incentives for green growth activities at UN climate forum

Indian Environment Minister Prakash Javadekar has mooted a new idea of incentivising the green growth activities with 'green credit' instead of relying on carbon credit mechanism.

'Most Indian cos lag behind in innovation, sustainable devpt'

Most companies in India are not engaged in developing "sustainable and inclusive innovations" as they do not identify with sustainable development or green growth, says a study by ITC and industry body CII.

Green growth is necessary and affordable for India: World Bank

Stating that environmental degradation is costing 5.7 percent of GDP annually, World Bank on Wednesday said India can make green growth a reality by putting in place plans to lower environmental degradation at minimal cost of 0.02-0.04 percent of gross domestic product.