The Indian government has made major investments towards
renewable energy sources, such as solar, wind and hydropower. This
has enabled the country to move towards clean energy and reduce its
reliance on expensive fossil fuels. It has also taken steps to
protect its forests from deforestation and degradation and is
working towards increasing its forest cover. The government has
also set up several funds and incentives for businesses to help
them transition to green technologies and become more sustainable.
This includes the National Adaptation Fund on Climate Change, the
Patents Facilitation Fund and the Low Carbon Technologies Fund
among others.
One of its latest efforts in that direction is introduction of
Environment, Social and Governance ('ESG') framework which
include guidelines on ESG disclosures/reporting, ESG rating, and
ESG investing.
