Why India Might Save The Planet

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First published in Sanctuary Asia, Vol. 31 No. 3, March 2011

 

Ramesh brought the West and developing countries together by pointing at ways to ease access to green technology and suggesting an agreeable way to monitor progress in tamping down emissions. In Cancún Ramesh proved himself an international power broker, a star among the world's climate warriors.

 

But then Ramesh returned home. Awaiting him was the pending approval of a $12 billion steel plant. The deal—the largest single foreign direct investment in India, and clearly a boon to the country's economy—would also vanquish a track of pristine forest along India's eastern coast. The project, proposed by the South Korean steel conglomerate Posco, had actually already been approved by his ministry. But local tribal groups were protesting, complaining that the deal endangered their livelihoods, which depend on the forest, and that they were not being fairly compensated for their land. Ramesh heeded their call and temporarily halted the project while two expert panels looked at the issue. Both found Posco in the wrong. But for months, Ramesh let Posco sweat. When he stepped off his flight from Mexico, however, rumors had begun to circulate that Posco was threatening to pull out entirely. Suddenly, Ramesh faced perhaps the biggest decision of his 18-month tenure. Read the full report here.

 

Source: by Tck Team, Newsweek.

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