Main emphasis has been given on financing sustainable development as collective responsibility of government, business, and individuals, working cooperatively with these sectors within the framework of market mechanisms towards common environmental goals. Her address briefly focused upon the fact, that governments in all countries have a leadership role in establishing and enforcing long-term common environmental priorities and values. She emphasized on the need for financial institutions to support the precautionary approach to environmental management, which strives to anticipate and prevent potential environmental degradation. She highlighted UNEP financial institution's endeavor to pursue the best practices in environmental management, including energy efficiency, recycling and waste reduction and involve in partnering with agencies which have similar focus. Last but not least, she has mentioned about the significant engagement (including financial participation) of the Indian stakeholders in form of future projects.

Mr. Ajay Narayanan, Head-Environment Management and Social Development/Decentralized Infrastructure and New Technology, Infrastructure Development and Finance Company, gave an overview on IDFC's involvement in the financing sustainable development projects and an idea about preparation of such type of projects. IDFC, established an environment management & social development group, which engaged in project due diligence to fund environmentally sound projects. Moreover they decentralized infrastructure & new technologies to facilitate projects that are intrinsically sound from the environmental /social perspectives and creating new financial instruments that leverage environment. IDFC developed a value creation model from municipal solid waste to energy projects, and also entered into an MOU with the Carbon Finance Unit of the World Bank for developing a portfolio of US$ 10 million of Certified Emission Reductions.

Mr. S Sivakumar, Chief Executive, ITC shared some practical experiences from the perspective of Indian industry. He has highlighted some points about the ITC's e-Choupal project, a unique click & mortar channel, which facilitates the two-way flow of goods and services into and out of villages. Serving the production and consumption needs of more than 2.0 million farmers in some 18000 villages (and adding at the rate of 30 new villages to the network every day), eChoupal is the largest Internet based intervention in rural India by any Corporate.