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Climate and Environment

Raksha Kumar
Freelance Multimedia Journalist
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piqer: Raksha Kumar
Saturday, 14 July 2018

Tackling Climate Change Is Tough But It's Also A Huge Business Opportunity

Waster management and mindful recycling in the western Indian state of Gujarat gives us an insight into the fight against climate change, use of renewable energy, electric vehicles and adopting climate-resilient agriculture. 

The collective opportunity in these sectors in the next decade is in the billions of dollars, as India and other large economies race against time to clamp down on emissions and meet obligations under the Paris Agreement of 2015.

The gives examples of companies who have figured out a model to monetise these. 

It is based on the belief that urban waste management is key to slowing climate change. The government failed in effectively managing urban waste but realises the importance of it.

Nearly 150 million Indians live in climate hotspots where living standards could decline by more than eight percentage points. Inaction could shave $1.12 trillion off the country’s GDP by 2050.

Letting private companies take the lead is the best option available for bloated, fund-starved city administrations.

Read the story for how simple it is to do effective solid waste management in urban India and why it is not being done. 

Tackling Climate Change Is Tough But It's Also A Huge Business Opportunity
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