Blended Climate Financing is an Ease Of Doing Business initiative under its ‘Tech for Circular Economy’ program for Govt of India; contributing to building annual milestones of climate funds and green projects financing disbursed every year accumulating till 2030 up to $2 Trillion ‘Climate Financing’ to meet $10 Trillion Green Economy ambition of India by 2070.

Roadmap and Plan for Implementing Sustainability
Rating for Green Financing in India

Sustainability is a key driver of modern economic development, and Ease of Doing Business supports India’s ambition to lead in building a green economy. The Prime Minister’s vision of a $2 trillion green economy emphasizes integrating sustainable practices across all sectors, particularly MSMEs. This roadmap provides a clear plan for implementing sustainability ratings to drive green financing, encouraging businesses to adopt and sustain sustainable practices.

Prime Minister's Vision

Employment Generation

Ease of Doing Business supports the green economy vision, which aims to create millions of green jobs across sectors like renewable energy, sustainable agriculture, waste management, and eco-tourism. These jobs will drive economic growth and enhance livelihoods, particularly in rural and semi-urban areas.
Employment Generation Green Economy
Fostering Innovation

Fostering Innovation

Innovation is key to achieving sustainability goals. India aims to foster a culture of innovation by supporting research and development in green technologies, providing grants and subsidies for sustainable projects, and encouraging collaboration between academia, industry, and government.

Environmental Protection

Ease of Doing Business is committed to protecting the environment, which lies at the heart of the green economy vision. This includes reducing pollution, conserving natural resources, and mitigating climate change through sustainable practices. Efforts will focus on promoting renewable energy, improving energy efficiency, and enhancing biodiversity.

Challenges

Conflicting Standards

Ease of Doing Business assists in navigating numerous sustainability standards and labels, which may differ in rigor or relevance to the Indian market.

Internal Change

Managing organizational change to embed sustainability across roles, processes, and business relationships, with the support of Ease of Doing Business

Partner Engagement

Ease of Doing Business aids in finding common ground with partners on sustainability standards to build shared value, which can be complicated by traditional practices.

Limited Expertise

Navigating numerous sustainability standards and labels, Ease of Doing Business provides guidance as these may differ in rigor or relevance to the Indian market.

The Clean carbon Solution

Ease of Doing Business offers the user-friendly CleanCarbon web platform, providing dynamic scorecards that simplify managing various sustainability standards. This enables Indian companies to:
Gain Clarity: Easily assess the sustainability performance of suppliers, partners, and investments within the Indian context.
Drive Collaboration: Facilitate communication and collaboration with your network to achieve shared sustainability goals.
Build Expertise: CleanCarbon acts as an extension of your team, providing valuable insights and data-driven recommendations.
Optimize Resources: Focus internal resources where they’ll have the most significant impact, maximizing your sustainability efforts.
With CleanCarbon and Ease of Doing Business, Indian businesses can achieve sustainable growth, navigate complex challenges, and build a competitive advantage in the evolving Indian market.

Carbon Border Adjustment Mechanism (CBAM)

"Carbon Accounting Software"

CleanCarbon’s CBAM accounting software offers comprehensive solutions for businesses to comply with the European Union’s Carbon Border Adjustment Mechanism (CBAM). This system places a cost on the carbon emissions of imported goods, leveling the playing field for EU businesses that are subject to stringent emissions regulations.

Primary Reasons for Implementing a
Sustainability Rating System in India

Ease of Doing Business presents CleanCarbon, your trusted carbon accounting software to navigate and automate CBAM compliance. Our dedicated CBAM solution simplifies CBAM reporting and enhances supplier engagement, making compliance effortless.

Overall, a well-designed sustainability rating system in India can act as a catalyst for positive change. It empowers businesses to access green finance, benchmark performance, and streamline their sustainability practices – ultimately creating a more sustainable future for India.

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