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The Ministry of Environment, Forest and Climate Change, Government of India, organized the Climate Conference 2024 with the theme "Decoding the Green Transition for India."

The conference aimed to mobilize financial resources and technical capabilities from the private sector, climate tech startups, institutional investors, and multilateral development banks (MDBs) to meet India's climate commitments. Supported by the Green Climate Fund Readiness Programme with UNDP India as the Delivery Partner and Avaana Capital as the Knowledge Partner, the event underscored the importance of innovative climate solutions and adaptation technologies.

Key dignitaries including Ms. Leena Nandan, Environment Secretary, Mr. Amitabh Kant, G20 Sherpa, Mr. K Rajaraman, Chairman of IFSCA, Mr. Mike Hankey, U.S. Consul General, and Mr. Nadir Godrej, Chairman & MD of Godrej Industries and Godrej Agrovet, graced the inaugural session.

Ms. Leena Nandan highlighted the global impact of climate change-induced extreme events and stressed the Ministry's initiatives such as the Green Credits Programme and the reinvented ECOMARK labelling to guide consumer choices. She emphasized the role of insurance, risk mitigation, and scaling climate startups into viable business models. Biomass utilization and waste management were underscored as crucial actions for climate mitigation.

Shri Amitabh Kant addressed India's developmental challenges of industrialization, urbanization, and economic growth, focusing on renewable energy, energy storage, electric mobility, energy efficiency, and the circular economy. He advocated for enhancing energy efficiency in MSMEs to improve competitiveness and proposed leveraging MDBs, IFIs, and philanthropic funds for supporting high-impact climate projects. Shri Kant also highlighted opportunities in green hydrogen and storage systems.

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