ABSTRACT

The Indian economy must grow at a significant pace to improve the quality of life for its people. Infrastructure linked to the affordable provision of energy, transportation, and urbanisation is the key to this growth. However, the size and scale of the investment also presents an opportunity for India to lead globally in terms of innovation, standards, and technology in the sustainable infrastructure sector. An example of such a platform could be a trust architecture that assists sustainable infrastructure projects with overcoming the challenge of attracting investment, especially in relation to the perceived cost premium associated with low carbon footprint. ClearTrace is a start-up that uses this technology to validate whether a customer is receiving renewable power as part of its contract with its energy supplier. The scale of future infrastructure investment in India, combined with a competitive culture of technology entrepreneurship, is the crucible from which numerous innovative start-ups can emerge.