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FICCI outlined a 7-point package of measures at India Climate Policy and Business Conclave 2013

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Orissadiary.com
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http://www.orissadiary.com/ShowBussinessNews.asp?id=44169

To enhance climate change initiatives at the state level, FICCI  has outlined a 7-point package of measures at the ‘India Climate Policy and Business Conclave  2013’, organised by FICCI in association with the Ministry of Environment & Forest, Government of India, the World Bank and German Environment Ministry. The measures are: • Create a mechanism for sharing of knowledge and experience of projects at the state and local levels domestically and globally to serve as best practices for others to emulate. • Countries can collaborate in replicating initiatives and working together on developing solutions for climate change mitigation and adaptation at the city level. There is scope for twinning of cities and twinning of states. New York can share its experience with New Delhi as can Ahmedabad with Addis Ababa. • There is need to create a market for delivering services on clean energy, energy efficiency and waste management solutions at a city or state level. Service companies and project developers working in the energy, waste management, urban transportation spaces need to be incentivized. • There is need to institutionalize tipping fee for waste management projects, streamline the procedures for capital subsidies to off-grid renewable energy projects, incentivize rural electrification projects through renewable energy, and enforce the renewable purchase obligations of states. These together will create the momentum for greater private sector engagement in initiatives that also have significant emissions reductions impact. • Public private partnership models can play a crucial role for state level initiatives as well as with city governments. However, such PPPs need to be strengthened with responsibility and accountability of both public and private partners. Contractual arrangements need to be honoured and penalties for non-performance should be invoked for both public and private parties. • Private sector participation in areas such as waste management and sustainable urban transport is crucial to make efficient, cost effective and timely delivery of solutions. However, private sector participation needs to be given an impetus through policy framework that can provide regulatory certainty and adequate return on investments. • Private sector can also play an important role in helping state governments in the implementation of their state action plans. Areas such as urban waste management services, street lighting, climate-resilient construction, developing local skills, awareness creation, and capacity creation for building resilience at the local level could be facilitated by the private sector.

Author: Sustainability Outlook
Country: India