Statement on Local Green Enterprises in India

A 2020 statement by the Green Economy Coalition advocating for the prioritization of Local Green Enterprises (LGEs) in India. It highlights that while MSMEs contribute 37% of India's GDP and the majority of new jobs, further policy support—including blended finance, streamlined public procurement, and triple bottom line impact assessments—is required to transition the economy toward sustainability and inclusivity.

• India's economic growth has occurred alongside significant environmental degradation and social inequity, with the formal economy providing employment for less than 10% of the country's 485 million person workforce, which is growing by one million people per month.
• Micro, Small and Medium Enterprises (MSMEs) are vital to India's economy, consisting of approximately 36.1 million units that contribute 37% of the GDP and 37% of manufacturing output, while employing nearly 20% of the workforce and creating 80% of new job positions.
• Local Green Enterprises (LGEs) are positioned as critical enablers for an inclusive, green, and resilient economy, particularly for empowering backward communities and creating jobs at scale.
• The statement advocates for specific government and financial interventions to support LGEs, including the use of blended and climate finance to reduce risk, the removal of bottlenecks in public procurement, and the implementation of tax and tariff incentives to help LGE products reach customers at scale.
• The authors urge the Government of India to define a 'triple bottom line impact' for MSMEs and create dedicated portfolios for LGEs to encourage 'brown enterprises' to transition to sustainable practices through training, technology, and financial incentives.

APA

Green Economy Coalition (2020). Statement on Local Green Enterprises in India. https://www.greeneconomycoalition.org/assets/reports/External-Reports/2020-New-Delhi-CSO-Statement.pdf

Chicago

Green Economy Coalition. Statement on Local Green Enterprises in India. 2020. https://www.greeneconomycoalition.org/assets/reports/External-Reports/2020-New-Delhi-CSO-Statement.pdf.

Wikipedia

{{cite press release |author=Green Economy Coalition |title=Statement on Local Green Enterprises in India |date=February 2020 |url=https://www.greeneconomycoalition.org/assets/reports/External-Reports/2020-New-Delhi-CSO-Statement.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{greeneconomycoalition2020statement, author = {{Green Economy Coalition}}, title = {{Statement on Local Green Enterprises in India}}, publisher = {Green Economy Coalition}, year = {2020}, month = feb, url = {https://www.greeneconomycoalition.org/assets/reports/External-Reports/2020-New-Delhi-CSO-Statement.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }