Statement on Local Green Enterprises in India

The statement highlights that micro, small, and medium enterprises (MSMEs) in India contribute 37% of GDP and create 80% of new jobs, positioning 'Local Green Enterprises' as essential for achieving Sustainable Development Goals. It calls for targeted policy interventions, including affordable credit, streamlined public procurement, and triple bottom line impact assessments, to support the transition from 'brown' to green business practices.

• Micro, small, and medium enterprises (MSMEs) are vital to India's economy, accounting for 37% of the GDP and 37% of manufacturing output, while employing nearly 20% of the workforce and creating 4 out of every 5 new job positions.
• Local Green Enterprises (LGEs) are identified as frontline actors for achieving Sustainable Development Goals and promoting inclusive green economic development, particularly for socially, economically, and environmentally backward communities.
• The transition to a green economy requires a comprehensive support framework including inter-sectoral policy coordination, capacity building for entrepreneurs, technology transfer, and improved access to markets and financial support.
• Specific recommendations for the Government of India and the Ministry of MSMEs include the use of blended and climate finance to provide affordable credit, the removal of bottlenecks in public procurement for MSEs, and the implementation of triple bottom line impact assessments to incentivize 'brown' enterprises to become green.

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} }