A ‘Green Business Federation’ should be established under the Government’s leadership OR a Government agency can be established (on self sustainable basis) to operate this agenda for meeting the ‘Sustainable Development Goals’ for the country. All businesses in India including businesses aspiring to enter in India should get themselves registered with Green Business Federation. Registration with ‘Green Business federation’ should be based on certain guidelines (can be developed in consultation with Government). Registered companies will be recognised as ‘green company’. Offcourse, biennial audit or similar conditions must apply for continued registration in Green Business Federation.
Can these steps bring parity among different economies? Yes, CGR Fund Pool, BRR, GEZ, Seamless Implementation of Environmental Regulations of Developed Countries and GBF have that potential.