Development Policy Loan to Promote Inclusive Green Growth and Sustainable Development in Himachal Pradesh

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Organisation: 
World Bank Group

The objective of Development Policy Loan to Support Inclusive Green Growth and Sustainable Development in Himachal Pradesh project for India is to support Himachal Pradesh in the improved management of its natural resources across growth engines of the economy and to promote inclusive green growth and sustainable development. The program is centered on Government's of Himachal Pradesh (GoHP) objective to promote inclusive green growth and sustainable development, which will be supported by an ambitious effort towards sustainability across the key engines of economic growth, namely energy, watershed management industry and tourism. The proposed operation will support Government action in six priority areas that are part of GoHPs environmental reform agenda - to support climate change adaptation and mitigation at the state level; to promote the environmental and social sustainability of hydropower development; to adopt a statewide integrated approach to watershed management as an instrument for rural poverty reduction; to promote environmentally sustainable industrial development by promoting cleaner sources of economic growth and by reducing the pollution of existing industrial plants; to promote environmentally sound tourism and to support the establishment of an institutional mechanism for the integration of geographic information systems in informed decision making.