Workshop on Finance, Innovation Policy, and Sub-National Actions for Low Carbon Development in India

Low carbon development has gained global policy prominence and is being increasingly discussed among major stakeholder groups including national governments, business & industry, civil society, and research & academia.

In the multilateral fora, low carbon development found a mention in the Bali Roadmap and subsequent United Nations Framework Convention on Climate Change documents. The Twelfth Five Year Plan of India recognizes that India needs to adopt a low carbon strategy for inclusive growth in order to improve the sustainability of its growth process. The National Action Plan on Climate Change, which is the guiding document on climate change actions in India, also recognizes the need for low-carbon and energy efficient technologies in different areas.

The Energy and Resources Institute (TERI) with support from Shakti Sustainable Energy Foundation organized a workshop on low carbon development strategies in India. It focused on three implementable policy relevant areas of finance, innovation policy and sub-national actions.

The workshop, involving three sessions on finance, innovation policy and sub-national policies, was conducted in form of panel discussions. Panels consisted of the invited experts and were chaired by senior experts from relevant domain. The workshop began with a welcome address and introduction of the project on Low Carbon Development supported by Shakti Sustainable Energy Foundation. The three sessions followed. The chair of individual sessions set the stage for the discussion and speakers made their interventions within the time stipulated by the chair. Panel discussions were followed with a round of questions & answers moderated by the chair.