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		<title>Mongabay India</title>
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		<description>India&#039;s environmental science and conservation news</description>
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					<title>Taxonomy for climate finance remains the missing link in India’s green transition</title>
					<link>https://india.mongabay.com/2025/02/taxonomy-for-climate-finance-remains-the-missing-link-in-indias-green-transition/</link>
					<comments>https://india.mongabay.com/2025/02/taxonomy-for-climate-finance-remains-the-missing-link-in-indias-green-transition/?noamp=mobile#respond</comments>
					<pubDate>14 Feb 2025 11:37:38 +0000</pubDate>
											<dc:creator>
							<![CDATA[Kundan Pandey]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[adaptation]]></category>
		<category><![CDATA[clean energy finance]]></category>
		<category><![CDATA[climate action]]></category>
		<category><![CDATA[Climate Finance]]></category>
		<category><![CDATA[Climate mitigation]]></category>
		<category><![CDATA[Economic Survey]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Green Bond]]></category>
		<category><![CDATA[Green Finance]]></category>
		<category><![CDATA[Taxonomy]]></category>
		<category><![CDATA[Union budget]]></category>
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											<reporting-project>
							<![CDATA[Climate Finance]]>
						</reporting-project>
					
											<locations>
							<![CDATA[India]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Carbon Finance, Climate Change, and Greenwashing]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[In her July 2024 budget speech, India&#8217;s Finance Minister Nirmala Sitharaman announced, “We will develop a taxonomy for climate finance for enhancing the availability of capital for climate adaptation and mitigation.” Many expected her to provide a deadline for it in the 2025 budget, but no such mention was made. Though Sitharaman remained silent in [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[In her July 2024 budget speech, India&#8217;s Finance Minister Nirmala Sitharaman announced, “We will develop a taxonomy for climate finance for enhancing the availability of capital for climate adaptation and mitigation.” Many expected her to provide a deadline for it in the 2025 budget, but no such mention was made. Though Sitharaman remained silent in her February 1 budget speech this year, budget documents reveal that work on drafting a taxonomy for climate finance — a framework to classify sustainable economic activities and guide green investments — is ongoing. The 2025 budget document offers some details on progress. A concept note has been circulated to ministries and national and international organisations for feedback. Based on the inputs received, a detailed framework is now being prepared. The budget document reveals that the government is currently targeting six sectors, with sectoral technical committees working on power, mobility, building, agriculture, food and water security, and hard-to-abate industries. While no official announcement has been made, a person involved in drafting the framework and represents an international organisation, said that the government aims to release the first draft by March 31, which has been communicated to those working on the draft. The person requested anonymity as they are not authorised to speak publicly on this. Read more: Budget prioritises resilience and energy security, skips major green announcements The green filter The impacts of climate change are visible globally, and addressing the crisis requires massive financial resources. According to the Climate Policy Initiative (CPI), an estimated&hellip;This article was originally published on <a href="https://india.mongabay.com/2025/02/taxonomy-for-climate-finance-remains-the-missing-link-in-indias-green-transition/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
										<wfw:commentRss>https://india.mongabay.com/2025/02/taxonomy-for-climate-finance-remains-the-missing-link-in-indias-green-transition/feed/</wfw:commentRss>
					<slash:comments>0</slash:comments>
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						<item>
					<title>Greenwashing guidelines a ‘welcome step’, but needs enforcement, says industry</title>
					<link>https://india.mongabay.com/2024/10/greenwashing-guidelines-a-welcome-step-but-needs-enforcement-says-industry/</link>
					<comments>https://india.mongabay.com/2024/10/greenwashing-guidelines-a-welcome-step-but-needs-enforcement-says-industry/?noamp=mobile#respond</comments>
					<pubDate>23 Oct 2024 16:37:18 +0000</pubDate>
											<dc:creator>
							<![CDATA[Simrin Sirur]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Ecomark]]></category>
		<category><![CDATA[GreenPro]]></category>
		<category><![CDATA[Greenwashing]]></category>
		<category><![CDATA[sustainability]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2024/10/23161143/4970638741_5371eb3a7f_c-768x512.jpg" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=29998</guid>

											<reporting-project>
							<![CDATA[Climate Connections]]>
						</reporting-project>
					
											<locations>
							<![CDATA[India]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Governance, Green Business, Greenwashing, and Sustainability]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[The Central Consumer Protection Authority (CCPA) issued guidelines to prevent greenwashing in an effort to curb false claims of environmental benefits arising from products and services. The guidelines, issued on October 15, seek to foster practices where “environmental claims are both truthful and meaningful, thus enhancing consumer trust and encouraging sustainable business practices,” the CCPA [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[The Central Consumer Protection Authority (CCPA) issued guidelines to prevent greenwashing in an effort to curb false claims of environmental benefits arising from products and services. The guidelines, issued on October 15, seek to foster practices where “environmental claims are both truthful and meaningful, thus enhancing consumer trust and encouraging sustainable business practices,” the CCPA said in a statement. Greenwashing is defined in the guidelines as a deceptive or misleading practice which “includes concealing, omitting, or hiding relevant information,” by “exaggerating, making vague, false, or unsubstantiated environmental claims.” It also includes the use of misleading words, imagery, and symbols that place an “emphasis on positive environmental impacts while downplaying or concealing harmful attributes.” The guidelines were finalised after a draft version was introduced in February. While the draft version emphasised greenwashing in advertisements, the final version more broadly addresses all environmental claims in any form. The casual use of terms like “green,” “eco-friendly,” “good for the planet,” and “carbon neutral,” among others, used without adequate qualifiers, is prohibited under the guidelines. Companies, advertisers, endorsers, and service providers making environmental claims on their products and services have to support it with “verifiable evidence based on independent studies or third-party certifications,” say the guidelines. The guidelines do, however, accept puffery and “obvious hyperboles,” as long as they don’t deceive customers. Experts in industry and the private sector say that while the guidelines are a welcome step, addressing greenwashing needs a stronger regulatory framework. “Manufacturing sectors are highly regulated, where the regulatory framework&hellip;This article was originally published on <a href="https://india.mongabay.com/2024/10/greenwashing-guidelines-a-welcome-step-but-needs-enforcement-says-industry/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
										<wfw:commentRss>https://india.mongabay.com/2024/10/greenwashing-guidelines-a-welcome-step-but-needs-enforcement-says-industry/feed/</wfw:commentRss>
					<slash:comments>0</slash:comments>
														</item>
						<item>
					<title>Green or gimmick? Guidelines aim to regulate misleading environmental claims</title>
					<link>https://india.mongabay.com/2024/05/green-or-gimmick-guidelines-aim-to-regulate-misleading-environmental-claims/</link>
					<comments>https://india.mongabay.com/2024/05/green-or-gimmick-guidelines-aim-to-regulate-misleading-environmental-claims/?noamp=mobile#respond</comments>
					<pubDate>28 May 2024 16:36:13 +0000</pubDate>
											<dc:creator>
							<![CDATA[Zoya Ada Hussain]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[advertisements]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[guidlines]]></category>
		<category><![CDATA[misinformation]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2024/05/28155906/The_interior_of_a_Smiths_supermarket_in_Las_Vegas_Nevada-scaled-e1716892173687-768x512.jpg" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=27955</guid>

					
											<locations>
							<![CDATA[India]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Environmental Law and Greenwashing]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[Are eco-friendly products are as green as they say? As environmental awareness grows, so does the allure of &#8216;green&#8217; marketing, where products are often adorned with labels like &#8220;eco-friendly,&#8221; &#8220;sustainable,&#8221; or &#8220;green.&#8221; But how many of these claims hold true? The rapid increase of green products and the growing number of environmentally aware consumers have [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[Are eco-friendly products are as green as they say? As environmental awareness grows, so does the allure of &#8216;green&#8217; marketing, where products are often adorned with labels like &#8220;eco-friendly,&#8221; &#8220;sustainable,&#8221; or &#8220;green.&#8221; But how many of these claims hold true? The rapid increase of green products and the growing number of environmentally aware consumers have created a breeding ground for greenwashing — a practice where companies falsely claim their products are environmentally friendly. The Advertising Standards Council of India (ASCI), a voluntary, self-regulatory organisation of the advertising industry in India, processed complaints against 116 advertisements in 2021 for potential violation of its guidelines for advertisements making environmental or green claims. In response to rising greenwashing, the ASCI has further tightened advertising standards with new guidelines, effective from February this year, to combat greenwashing in advertisements. Simultaneously, the Indian government released draft guidelines for the prevention and regulation of greenwashing. The guidelines, that are yet to be formalised, recommend that vague terms such as &#8216;green&#8217;, &#8216;eco-friendly&#8217;, &#8216;eco-consciousness&#8217;, &#8216;good for the planet&#8217;, &#8216;cruelty-free&#8217;, and similar assertions to be used only with adequate disclosures. All environmental claims shall be backed by verifiable evidence, the draft guidelines, by the Ministry of Consumer Affair’s Central Consumer Protection Authority, say. Takeaway coffee cup and holder. Image from Meanwell Packaging via Wikimedia Commons (CC BY 2.0 Deed). How green is your product? Greenwashing is a term that plays on the word &#8216;whitewashing&#8217; and refers to the marketing tactic where companies falsely claim or exaggerate the environmental benefits&hellip;This article was originally published on <a href="https://india.mongabay.com/2024/05/green-or-gimmick-guidelines-aim-to-regulate-misleading-environmental-claims/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
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					<slash:comments>0</slash:comments>
														</item>
						<item>
					<title>[Interview] Camelia Dewan on how ‘climate change’ is becoming a development buzzword to continue business as usual</title>
					<link>https://india.mongabay.com/2024/02/interview-camelia-dewan-on-how-climate-change-is-becoming-a-development-buzzword-to-continue-business-as-usual/</link>
					<comments>https://india.mongabay.com/2024/02/interview-camelia-dewan-on-how-climate-change-is-becoming-a-development-buzzword-to-continue-business-as-usual/?noamp=mobile#respond</comments>
					<pubDate>26 Feb 2024 13:48:20 +0000</pubDate>
											<dc:creator>
							<![CDATA[Simrin Sirur]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[climate]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[COP28]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2024/02/26134001/c_1077334-l_1-k_camelia-bild-e1708935166432-768x512.jpg" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=26649</guid>

											<reporting-project>
							<![CDATA[Climate Connections]]>
						</reporting-project>
					
											<locations>
							<![CDATA[Bangladesh, Global, India, and South Asia]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Climate Change, Climate Change Adaptation, Green Business, Greenwashing, Industry, Interviews, and People]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[In December last year, as the largest annual climate conference, the 28th Conference of Parties (COP28), was underway, researchers from a prominent global environmental think tank made a provocative argument: The demand for more climate finance from emerging economies to cope with the effects of climate change, would likely be at the cost of developmental [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[In December last year, as the largest annual climate conference, the 28th Conference of Parties (COP28), was underway, researchers from a prominent global environmental think tank made a provocative argument: The demand for more climate finance from emerging economies to cope with the effects of climate change, would likely be at the cost of developmental aid. “The dirty secret of climate finance is that much of it is displacing traditional development aid,” wrote Vijaya Ramachandran, director of energy and development at the environmental research centre Breakthrough Institute, along with her colleague Alex Smith in an article published in Foreign Policy. “Calls for more climate finance are important, but if current practice is any guide, a large share of the funds will be taken from budgets that fund critical development priorities, such as health, education, women’s rights, infrastructure construction, and humanitarian aid,” the article went on to say. Camelia Dewan, an environmental anthropologist and assistant professor at Uppsala University in Sweden, studied what the rising global interest in funding climate action meant in a Global South country like Bangladesh, which shares many similarities with India. In her book Misreading the Bengal Delta: Climate Change, Development and Livelihoods in Coastal Bangladesh, Dewan found that “climate change” was commonly applied by fundraisers as a “masala”, or spice, to their project proposals for a better chance at securing funding – even if the projects themselves had little to do with mitigating climate impacts. In other cases, solutions being pushed to mitigate climate impacts had&hellip;This article was originally published on <a href="https://india.mongabay.com/2024/02/interview-camelia-dewan-on-how-climate-change-is-becoming-a-development-buzzword-to-continue-business-as-usual/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
										<wfw:commentRss>https://india.mongabay.com/2024/02/interview-camelia-dewan-on-how-climate-change-is-becoming-a-development-buzzword-to-continue-business-as-usual/feed/</wfw:commentRss>
					<slash:comments>0</slash:comments>
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					<title>[Commentary] Why Indians with means still use plastic, even when aware of its environmental impacts</title>
					<link>https://india.mongabay.com/2022/10/commentary-why-indians-with-means-still-use-plastic-even-when-aware-of-its-environmental-impacts/</link>
					<comments>https://india.mongabay.com/2022/10/commentary-why-indians-with-means-still-use-plastic-even-when-aware-of-its-environmental-impacts/?noamp=mobile#respond</comments>
					<pubDate>24 Oct 2022 09:35:48 +0000</pubDate>
											<dc:creator>
							<![CDATA[Himangi Kanodia]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2022/10/21164651/water-plastic-drink-bottle-mineral-water-bottles-552253-pxhere.com_-768x512.jpg" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=20277</guid>

											<reporting-project>
							<![CDATA[Everyday Solutions]]>
						</reporting-project>
					
					
											<topic-tags>
							<![CDATA[Greenwashing, Plastic, and Waste management]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[Public outreach campaigns educate consumers with compelling data and storytelling about carbon footprints, natural resource scarcity, and climate change. Data appeals to our intellect and stories appeal to our emotions. Both are necessary for inspiring change, but if they were sufficient, most urban Indians would have quit plastic and limited water use by now. Awareness [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[Public outreach campaigns educate consumers with compelling data and storytelling about carbon footprints, natural resource scarcity, and climate change. Data appeals to our intellect and stories appeal to our emotions. Both are necessary for inspiring change, but if they were sufficient, most urban Indians would have quit plastic and limited water use by now. Awareness is just the first barrier, and others are beyond it; unfortunately, most outreach interventions end here. Urban and affluent populations consume a disproportionate chunk of natural resources and need to be participants in positive change; but most funded conservation programmes focus on marginalised populations near biodiversity hotspots. Till the urban consumer has continued access to the air they breathe, water runs when they turn on their taps, soil that grows their food is viable, and energy to power their lifestyles is a switchboard away, they won’t experience the gravity of environmental threats before them. But the problem isn’t limited to Indians with means turning a blind eye to distant environmental threats. There are multiple pieces to the puzzle. A shopping mall in India. Urban Indian consumers can&#8217;t feel the gravity of environmental threats since they have continued access to amenities such as clean water or electricity, writes the author of this commentary. Photo by Vis M/Wikimedia Commons. Motivation is both individual and social and is fuelled by rewards. The cost of any lifestyle change is often direct and personal to the consumer, but the benefit is indirect and collective (to the planet), making it hard&hellip;This article was originally published on <a href="https://india.mongabay.com/2022/10/commentary-why-indians-with-means-still-use-plastic-even-when-aware-of-its-environmental-impacts/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
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						<item>
					<title>[Explainer] What is greenwashing?</title>
					<link>https://india.mongabay.com/2022/10/what-is-greenwashing/</link>
					<comments>https://india.mongabay.com/2022/10/what-is-greenwashing/?noamp=mobile#respond</comments>
					<pubDate>10 Oct 2022 15:44:56 +0000</pubDate>
											<dc:creator>
							<![CDATA[Anusha Krishnan]]>
						</dc:creator>
										<author>
						<![CDATA[Kundan Pandey]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[COP 26]]></category>
		<category><![CDATA[COP26]]></category>
		<category><![CDATA[COP27]]></category>
		<category><![CDATA[Environment-friendly]]></category>
		<category><![CDATA[environmentally friendly]]></category>
		<category><![CDATA[Greenwashing]]></category>
		<category><![CDATA[industry]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2022/10/09225032/2674778713_c3101d02ae_c.jpeg-768x512-1665338892.png" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=20172</guid>

											<reporting-project>
							<![CDATA[Environment Explained and Environomy]]>
						</reporting-project>
					
											<locations>
							<![CDATA[Global and India]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Environmental Economics, Green Business, Greenwashing, and Industry]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[Greenwashing refers to &#8220;the practice of making products, activities, or policies seem more environmentally friendly or less environmentally damaging than they actually are,&#8221; according to the Merriam-Webster dictionary, one of the oldest English dictionaries, which recently included &#8220;greenwash&#8221; as a new word in the dictionary. Essentially, it consists of two behaviours – one, suppress negative [&#8230;]]]>
						</description>
																					<content:encoded>
							<![CDATA[Greenwashing refers to &#8220;the practice of making products, activities, or policies seem more environmentally friendly or less environmentally damaging than they actually are,&#8221; according to the Merriam-Webster dictionary, one of the oldest English dictionaries, which recently included &#8220;greenwash&#8221; as a new word in the dictionary. Essentially, it consists of two behaviours – one, suppress negative information regarding a product/activity/policy’s environmental performance; and two, expose positive information about the environmental performance. Another definition of greenwashing also adds that the term could describe the practice of companies investing more time and money in marketing their products as ‘green’ rather than genuinely ensuring that those products are truly sustainable. The term is commonly used to refer to deceptive marketing and advertising tactics used by some corporate industries to deceive stakeholders into believing that a particular product is environmentally friendly. In most examples of greenwashing, the claims made about the ‘green’ product tend to be highly exaggerated or in some cases, completely unsubstantiated. How did the term ‘greenwashing’ emerge? ‘Greenwashing’ is a play on the word ‘whitewashing&#8217; which means misleading people with the use of facts, half-truths, and fiction to conceal realities. Environmentalist Jay Westerveld is credited with coining the term ‘greenwashing’ in 1986 in a term paper on multiculturalism. He was writing about his experience at a sprawling resort in Fiji, where he saw a note asking customers to pick up their towels. “It basically said that the oceans and reefs are an important resource and that reusing the towels would reduce ecological damage,”&hellip;This article was originally published on <a href="https://india.mongabay.com/2022/10/what-is-greenwashing/" data-wpel-link="internal">Mongabay</a>]]>
						</content:encoded>
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					<title>RBI gears up to deal with climate-related financial risks</title>
					<link>https://india.mongabay.com/2022/08/rbi-gears-up-to-deal-with-climate-related-financial-risks/</link>
					<comments>https://india.mongabay.com/2022/08/rbi-gears-up-to-deal-with-climate-related-financial-risks/?noamp=mobile#respond</comments>
					<pubDate>19 Aug 2022 14:40:21 +0000</pubDate>
											<dc:creator>
							<![CDATA[Kundan Pandey]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[Climate Finance]]></category>
		<category><![CDATA[decarbonisation pathway]]></category>
		<category><![CDATA[Financial Risk]]></category>
		<category><![CDATA[Green Deposits]]></category>
		<category><![CDATA[Green Finance]]></category>
		<category><![CDATA[Green washing]]></category>
		<category><![CDATA[low-carbon economy]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2022/08/19004830/Cropped-Reserve_Bank_of_India_RBI_building_September_2011-768x512.jpg" type="image/jpeg" />
					<guid isPermaLink="false">https://india.mongabay.com/?p=19591</guid>

											<reporting-project>
							<![CDATA[Climate Connections and Environomy]]>
						</reporting-project>
					
											<locations>
							<![CDATA[India]]>
						</locations>
					
											<topic-tags>
							<![CDATA[Carbon Finance, Clean Energy, Energy, Green Business, Green Energy, Greenwashing, and Renewable Energy]]>
						</topic-tags>
					
					
											<description>
							<![CDATA[In a bid to make India’s financial system resilient to climate-related risks, the Reserve Bank of India (RBI) is mulling over possible regulations. As a start, the central bank has come up with a discussion paper on climate risk and sustainable finance and has asked for feedback from concerned stakeholders about the possible regulatory system [&#8230;]]]>
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							<![CDATA[In a bid to make India’s financial system resilient to climate-related risks, the Reserve Bank of India (RBI) is mulling over possible regulations. As a start, the central bank has come up with a discussion paper on climate risk and sustainable finance and has asked for feedback from concerned stakeholders about the possible regulatory system in the near future. Simultaneously, the RBI released a survey report to highlight whether commercial banks in India are prepared enough to deal with risks related to climate change.  In the discussion paper that was published on July 27, the RBI has sought suggestions on six aspects of devising regulations: the immediate priorities in shaping policy discourse; the way forward for the regulatory policy framework; main challenges in integrating the climate risk framework in governance; the overall timeline for implementation of the disclosure framework and potential challenges in developing climate risk stress testing; and a scenario analysis framework. The disclosure has to happen according to the standard set by the Task Force on Climate-Related Financial Disclosure (TCFD) which has been created by the Financial Stability Board, an international body to monitor the global financial system.  To build a case for future regulation, RBI’s discussion paper says, “The uncertainty about the timing and severity of climate-related and environmental risk certainly threatens the safety, soundness, and resilience of individual Regulated Entities (REs) and, in turn, the stability of the overall financial system.” Regulated Entities refer to all kinds of banks given a licence under Section 22 of&hellip;This article was originally published on <a href="https://india.mongabay.com/2022/08/rbi-gears-up-to-deal-with-climate-related-financial-risks/" data-wpel-link="internal">Mongabay</a>]]>
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					<title>Green Highways Mission remains halted despite a green light</title>
					<link>https://india.mongabay.com/2020/09/green-highways-mission-remains-halted-despite-a-green-light/</link>
					<comments>https://india.mongabay.com/2020/09/green-highways-mission-remains-halted-despite-a-green-light/?noamp=mobile#comments</comments>
					<pubDate>24 Sep 2020 14:50:47 +0000</pubDate>
											<dc:creator>
							<![CDATA[Arathi Menon]]>
						</dc:creator>
										<author>
						<![CDATA[Aditi Tandon]]>
					</author>
							<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[greening]]></category>
		<category><![CDATA[Greenwashing]]></category>
		<category><![CDATA[Roads]]></category>
		<category><![CDATA[Trees]]></category>
										<enclosure url="https://imgs.mongabay.com/wp-content/uploads/sites/30/2020/09/23212754/A_view_of_Indian_highway_near_Delhi_2009-768x512.jpg" type="image/jpeg" />
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											<topic-tags>
							<![CDATA[Green Business, Greenwashing, Roads, and Trees]]>
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							<![CDATA[If the Ministry of Road Transport &#38; Highways’ (MoRTH) highly ambitious plan is to come to fruition, we will soon have tree-lined highways designed to not just please commuters aesthetically but to mitigate the biodiversity degradation caused from highway development. In 2015, the MoRTH launched the National Green Highways Mission with an aim to help [&#8230;]]]>
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							<![CDATA[If the Ministry of Road Transport &amp; Highways’ (MoRTH) highly ambitious plan is to come to fruition, we will soon have tree-lined highways designed to not just please commuters aesthetically but to mitigate the biodiversity degradation caused from highway development. In 2015, the MoRTH launched the National Green Highways Mission with an aim to help the environment as well as the local communities by generating employment through tree planting along all highways in the country. With plantation, transplantation, beautification and maintenance as its mainstay, the Green Highways Mission (GHM) was considered a flagship project of the ministry, but is yet to take off fully. Highway development results in heavy loss of vegetation. The road development agencies try to mitigate the damage through median and avenue plantation which don’t often compensate for the loss of old, indigenous trees and greenery. Green Highways Policy proposes to engage professional plantation agencies for the development of uniform green corridors. Moreover, a participatory approach from private agencies, NGOs, civil society, forest department and other agencies are sought to execute it. The policy demands that one percent of the civil work cost of the NH that’s been greened will be set apart for highway plantation and its maintenance. While the initial target for the first year was to plant trees along 6,000 km of highways, according to a document received from the GHM, only 3060 km of roads have been greened at a cost of 121.09 cr from 2016-2019. During 2016-2020, 1,186,525 trees out of a&hellip;This article was originally published on <a href="https://india.mongabay.com/2020/09/green-highways-mission-remains-halted-despite-a-green-light/" data-wpel-link="internal">Mongabay</a>]]>
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