While addressing a virtual event, Amitabh Kant noted various initiatives promoting circular economy taken by various ministries and states. India’s Presidency for the G20 from 1 December serves an opportunity to the country for a boosted transition for the circular economy, he added
Amitabh Kant representing India at G20 said that the circular economy needs to be promoted to deal with the issues relating to climate change, on 24 November.
While addressing a virtual event, Kant noted various initiatives promoting circular economy taken by various ministries and states.
He said in conference of the parties 27 that India has underlined its long-term low carbon emission strategy.
India’s Presidency for the G20 from 1 December serves an opportunity to the country for a boosted transition for the circular economy, he added.
He highlighted that a business environment for the circular economy needs to be created, and said,” It is to be ensured that regulations do not become burdensome.”
The G20 comprises of 19 countries being Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU).
In total they account for over 80 per cent of the global GDP, 75 per cent of international trade and two-thirds of the world population.