- Financial Express
"How SIDBI is helping MSMEs go ‘green’ in line with India’s climate commitments"
Sustainability for MSMEs: Indi a’s ‘Panchamrit’ goal announced by Prime Minister Narendra Modi at the 26th session of the Conference Of Parties (COP26) conference in Glasgow in November last year has once again underscored the significance of encouraging sustainable or environment-friendly businesses practices. Enterprises in fact need to keep a close check on their carbon footprints to help India meet at least four of its five panchamrit targets by 2030, viz. increasing India’s non-fossil energy capacity to 500 GW, meeting 50 percent of the country’s energy needs from renewable energy, reducing carbon emissions by 1 billion tonnes, and lowering the carbon intensity of the economy by less than 45 percent.