A policy roadmap—both short-term and long-term—is necessary to facilitate the global transition to cleaner energy, said TV Narendran, CEO and MD of Tata Steel, in Gandhinagar, Monday.
“Unless there’s a clear policy roadmap, investments will not be made. In Europe, there’s a policy roadmap but investments are still waiting to see if there’s a business case for that investment, supported enough by that policy roadmap…So, governments really need to think about the policy roadmaps that will incentivise investments to come into these areas of transition,” said Narendran during a plenary session on ‘Climate Action: Accelerating towards Net Zero Energy for Greener and Sustainable Future’ at the B20 Inception Meeting at Gandhinagar.
