There are also other grave global challenges which, in threatening the future of our planet and generations to come, risk making these problems far worse. Across the world, we are exploiting finite resources at an alarming rate and causing huge damage to the environment. Above all, the impacts of climate change are reducing harvests and water supplies, increasing air pollution and competition for resources and land, and heightening tensions.
The role of governments – here in India and across the world – is vital in catalysing action on these challenges, but it is not their responsibility alone. It is the private sector which is the main motor of the economy and which accounts for two-thirds of the use of natural resources.
By embedding sustainable development in their marketing strategies, production processes and value chains, businesses and entrepreneurs in India and around the world can accelerate the transition to a green economy. They can also drive investment in low carbon technologies and energy efficiency and press their governments to set ambitious and binding targets on carbon emissions.
As we get closer to a global climate agreement to be adopted in Paris next year, it is important to understand that it is not a choice between poverty reduction – the central priority of the Millennium Deve-lopment Goals – and a low carbon economy. The opposite is true. It is the poorest people in the world who will suffer most from climate change because they cannot escape its consequences as easily as the rich.
It is why we at the Kofi Annan Foundation hope Indian business will take up strongly the cause of climate change and poverty reduction and show the world that these two vital objectives are not in competition. They are, in fact, the twin pillars of sustainable development.
The world is looking to India to set a lead. I hope that India responds to national and global challenges by demonstrating the ambition to move decisively away from fossil fuels and to become a powerful advocate on climate change and sustainable development. Doing good is also good for business.
Article from http://blogs.timesofindia.indiatimes.com