Panel Session with IPCC Chair and Indian Business Leaders

The Sixth Assessment Report (AR 6) of Intergovernmental Panel on Climate Change mirrors climate realities for India and even though assessments are global in scale, it has given projections for India that will help define its development pathways vis-à-vis its climate change realities.

India, at the centerstage, is bound to showcase its leadership and will place a crucial role in global efforts to address climate change as well as COP 29 negotiations. While India has implemented its NDCs, there is a need to raise its climate ambition in short and medium term. India also has to better adapt to climate change by enhancing investments in development programmes in sectors vulnerable to climate change, particularly agriculture, water resources, Himalayan region, coastal regions, health and disaster management.

TERI acknowledges that non-state actors, particularly businesses, play a vital role by understanding the opportunities of low-carbon economy and challenges on one hand, and by mobilizing resources and offering know-how and solutions, on the other. Leading market players from Indian Industry have come together to sign an ‘Industry Charter for Near Zero Emissions Ambition by 2050’ instituted by TERI. Since its inception, the Industry Charter has emerged as an important step for the Indian industry to voluntarily commit themself to decarbonisation measures.

This interactive session jointly hosted by TERI and World Green Economy Organization (WGEO) with IPCC Chair Prof Jim Skea and Indian Business Leaders will take place on November 13 (Wednesday) from 18:00 - 19:00 hrs (AZT) at WGEO Pavilion, Blue Zone, COP29. The session will delve deeper into implications of the key findings of IPCC AR6 Report followed by Industry deliberations on opportunities that lie ahead of India to embrace an inclusive and green development pathway by leveraging its strengths, innovative technologies and climate friendly approaches of development.