According to reports, The Energy and Resources Institute (TERI) said energy efficient measures can reduce energy consumption by 20-30 per cent in the micro, small and medium enterprise (MSME) sector.
Setting an agenda for the new government, TERI has prepared a note that addresses not only the way forward, but also deals with the critical aspect of the cost of developmental inaction. It has addressed key aspects pertaining to water, air pollution, waste, green infrastructure, transport, energy security, renewable and solar energy.
TERI Director-General RK Pachauri said: “Environmental issues are often presented within the framework of conflict between environment and development. Here is a price tag on the damage that poor environmental quality and degradation is imposing on human society, and how substantially lower cost action can avoid this burden.”
He added that sectors largely within urban areas are included in the report, and a similar analysis is essential for rural environmental degradation.
“Undoubtedly, that would be a more complex challenge analytically, but given the large population in our villages, ignoring such analysis would be at the cost of ignoring the welfare of two-thirds of our population,” said Pachauri, who is also the chairperson of the Intergovernmental Panel on Climate Change (IPCC).
In a statement TERI said: “Within the industrial sector, the MSME segment is associated with low efficiencies due to several barriers such as use of obsolete technologies, non-availability of readymade technological solutions, low-level of awareness, non-availability of technology providers at local level, relatively high cost of technologies and poor access to finance.”
It added that there is a possibility to reduce energy consumption by introducing energy efficiency measures in these sectors.