Finance Minister Nirmala Sitharaman on Friday stressed the role of technology in combating climate change and called for international cooperation to increase the supply of alternative energy sources and technologies.
The minister virtually took part in the G20 high-level tax symposium on tax policy and climate change, organized by Italy in the run-up to the third meeting of G20 finance ministers and central bank governors.
Sitharaman stressed that India is using fiscal options for better environmental outcomes and having reduced tax rates to promote the use of renewable energy, the Treasury Department said in a series of tweets.
She also shared India’s innovative policy mix for better environmental outcomes, such as the new Energy Map of India; digital innovation and new fuels; the International Solar Alliance to Enable Clean Energy; and promoting energy efficiency and afforestation.
