Climate change will impact industries: Shyam Saran

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Mumbai, Apr 21: Special envoy of the Prime Minister, Shyam Saran stressed the need for industries to keep abreast of government policies on climate change at the ''Climate Change and India'' conference organised by the Confederation of Indian Industries (CII) here today.

''The Indian government is involved in complex international negotiations on climate change and carbon emmission issue that could impact Indian industries across the board and affect trading patterns'', said Mr Saran. He added that channels of communication between the government and industries needed to be open to acquaint industries of both international developments and national policies on the subject.

Mr Saran also said the prime minister will be presenting the new policy on climate changes and the environment in June that would take into account all factors, including development of alternative energy sources like solar energy and incentives.

On the contribution of the industries towards a greener environment, Mr Saran said the Indian industries had a large scope for development especially in Clean Development Mechanism (CDM) and the government was also working towards transfer of technology to be made available to the industries to reduce carbon emmissions.

''There is a need for adaptation to the changes in the environment and climate and prevention for further changes,'' he said.


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