Making a definitive pitch for climate finance for developing countries to ensure their transition to green economy, Mr Bhupender Yadav, Union Minister for Environment, Forest and Climate Change, and Minister of Labour and Employment, emphasised that climate change and environment policies have been the mainstay of India’s development strategy.
Mr Yadav was delivering the keynote address at The GRIHA Event 2021, the annual flagship programme of the GRIHA Council, on Friday, December 10.
“Effective local institutions are instrumental to enhance climate resilience and enable low-carbon growth…There is a need to engage in a sector-wise deep dive to assess the potential of nature-based solutions and green technologies in facilitating a green recovery,” said Mr Yadav.
GRIHA variants, he noted, pushed the market towards enhanced resource efficiency.
The Union Minister presented the GRIHA Exemplary performance awards, and also awarded the 4-and 5-star rated GRIHA Projects.
Held on the theme ‘Restoring Green Economy’, the event was a platform to generate a dialogue on taking decisive steps to go beyond the conventional GDP and measure it inclusive of green development.