Delhi Declaration on Local Green Enterprise
Summary
The Delhi Declaration on Local Green Enterprise is a joint statement from the 2020 Global Meeting of the Green Economy Coalition, drafted in New Delhi by a diverse group of stakeholders from India and several other nations. The document advocates for the central role of Local Green Enterprises (LGEs)—defined as environmentally conscious micro, medium, and small enterprises (MSMEs)—in driving an inclusive and resilient green economic transition in India.
Key insights
- In India, micro, medium and small enterprises (MSMEs) are essential for economic transformation, as they account for 37% of the GDP, employ nearly 20% of the workforce, and create 80% of all new job positions. This is particularly significant given that the formal economy's large corporations and institutions employ less than 10% of India's 485 million workers.
- The declaration defines Local Green Enterprises (LGEs) as environmentally conscious MSMEs. While no universal definition exists, the authors define the 'green component' as encompassing inclusiveness regarding wages, jobs, and revenue distribution, as well as environmental consciousness concerning pollution, waste, and the use of natural resources and water.
- The signatories call for specific government and financial interventions to support LGEs in India, including the creation of affordable credit instruments via blended finance, the removal of structural bottlenecks in public procurement, and the provision of tax and tariff incentives to help LGE products reach customers at scale.
- The document urges the Government of India to recognize the 'triple bottom line' impact of LGEs and to dedicate specific portfolios within government programs and schemes to these enterprises. It suggests that providing incentives for micro and small enterprises to adopt sustainable practices can motivate 'brown enterprises' to transition to greener operations through financial incentives, technology, and training.
Cite the original document
- APA
- Alternatives, D. (2020). Delhi Declaration on Local Green Enterprise. Green Economy Coalition. https://www.greeneconomycoalition.org/news-and-resources/statement-on-local-green-enterprises-in-india
- Chicago
- Alternatives, Development. Delhi Declaration on Local Green Enterprise. Green Economy Coalition, 2020. https://www.greeneconomycoalition.org/news-and-resources/statement-on-local-green-enterprises-in-india.
- Wikipedia
- {{cite press release |last1=Alternatives |first1=Development |title=Delhi Declaration on Local Green Enterprise |publisher=Green Economy Coalition |date=30 January 2020 |url=https://www.greeneconomycoalition.org/news-and-resources/statement-on-local-green-enterprises-in-india |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{alternatives2020delhi, author = {Alternatives, Development}, title = {{Delhi Declaration on Local Green Enterprise}}, publisher = {Green Economy Coalition}, year = {2020}, month = jan, url = {https://www.greeneconomycoalition.org/news-and-resources/statement-on-local-green-enterprises-in-india}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated