Anjali Bansal and Shruti Srivastava write for BW Businessworld, discussing how the ‘new climate economy’ is seeing a new set of innovative business models and entrepreneurs emerge who are determined to solve deeper challenges in climate and sustainability. The case for investing in sustainability has never been stronger.
India’s transition for sustainability is complex as we cannot afford a trade-off between people, profits and planet. We need to continue to grow manufacturing, farm incomes, domestic consumption and bring critical goods and services to Indian masses, without creating further adverse impact on climate. This requires massive innovation in technologies and business models across the economy, ranging from how we grow our food to how we move people and goods.
Corporations and capital are committing towards ‘net zero’ not as an obligation, but by recognizing the business risk from climate change.
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