HomeTechnologyGreenTechIndia Planning to Classify Clean Tech to Attract Investors

    India Planning to Classify Clean Tech to Attract Investors


    India is working on a policy to classify economic activities and technologies into sustainable and non-sustainable categories to help investors looking for green projects.

    Under the proposal, similar to the Green Taxonomy pioneered by the European Union (EU), the government will certify sustainable activities, three government officials told Reuters.

    The Indian government hopes it will attract more funds and give investors an extra layer of comfort.


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    The renewable energy ministry and the finance ministry are working on the draft policy. Neither ministry responded to queries from Reuters.

    The officials said the draft framework is the first step in a long process of identifying sustainable projects and phasing out others.

    The European Union and South Africa have created taxonomies that help make green…

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