India’s green economy can attract $4.1 trillion, says CEEW

India’s green economy could attract $4.1 trillion (Rs 360 lakh crore) in cumulative investments and create 48 million (4.8 crore) ‘full-time equivalent’ (FTE) jobs by 2047, according to an independent study released by the Council on Energy, Environment and Water (CEEW). The analysis also projects that India could unlock a $1.1 trillion (Rs 97.7 lakh crore) annual green market by 2047. This first-of-its-kind national assessment identifies 36 green value chains across energy transition, circular economy, bio-economy and nature-based solutions that together represent a defining green economic opportunity for India’s journey towards Viksit Bharat. CEEW has launched the Green Economy Council (GEC), a group chaired by former G20 Sherpa and former Niti Aayog CEO Mr Amitabh Kant, to help India recognise and realise emerging green economic opportunities, as per a report.

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