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Government Policies and Private Investments Make for a Bright Cleantech Future in India
Abstract
Written from the perspective of private equity investment, this chapter highlights the factors needed to support clean technology development, and in particular, the importance of an enabling policy environment. Drawing from the experience of a private equity fund that seeks out environmental companies and develops them into viable international enterprises, this chapter showcases examples in India whose bottom lines include social and environmental benefits for all. Cleantech has a new resonance among law makers. International urgency on climate change issues and carbon emission reduction are converging with national government policies that seek to support clean energy, green jobs, as well as lessen industrial pollution and promote waste treatment, recycling and cleaner production. This is good news for all, including discerning green investors.
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