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Climate Friendly Goods and Technology Trade: Climate Mitigation Strategy of India

Dinda, Soumyananda (2018): Climate Friendly Goods and Technology Trade: Climate Mitigation Strategy of India. Published in: Climate Friendly Goods and Technologies in Asia: Opportunities for Trade No. SpringerBriefs in Environmental Science (January 2019): pp. 89-100.

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Abstract

This study focuses on India’s climate change mitigation strategy through trade and how India gradually moves forward towards the goal of sustainable development path. The paper highlights trade performances of climate friendly goods and technology (CFGT) in India during 2002-20017 and suggests possible solution through trade channels that might mitigate climate change through disseminating and exchanging the low carbon and clean technologies, which improve energy efficiency and minimizes environmental impacts. The products associated with clean technologies which have relatively less adverse impact on the environment. This paper attempts to realize India’s CFGT export and import, and quantify trade opportunities of CFGT in India. With these it also identifies constrains and helps to widen capacity and strengthen its capability in the advancement of capturing new opportunities in production and trade in CFGT. India should adopt few policies to improve and raise CFGT production while trade ensures availability of technologies

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