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Thursday, February 9, 2012




India Briefing is a magazine and daily news service about doing business in India. We cover topics relating to the Indian economy, the market in India, foreign direct investment and Indian law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



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India’s Proposal for Climate Innovation Centers Approved

Dec. 16 – India’s suggestion to build a network of climate innovation centers overseas to develop and share green technologies has been accepted and will be part of the basis of the Copenhagen agreement when the U.N. Climate Change Summit wraps up in two days.

The climate innovation centers will improve on local technology requirements and dissemination of current technologies. “The concept of network of climate energy innovation centers is very much part of the international agenda. I don’t know how it will get reflected finally,” Ramesh told The Press Trust of India.On the question whether there was any “friction” with the United States over implementation of the proposal, Ramesh said: “No friction… there are well known positions on IPR, but I think it’s important to get it off the ground.”

He added that there were “differences in IPR, but I’m glad that our Delhi conference has been very substantial, and forms the basis for any agreement that may be arrived at as far as technology is concerned.”

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