India ranks 123rd in 2010 Environmental Performance Index (EPI), while Iceland leads the world in addressing pollution control and natural resource management challenges, the latest EPI index has revealed. Of the newly industrialised nations, China and India rank 121st and 123rd respectively - reflecting the strain rapid economic growth imposes on the environment, said the report released on Thursday at the World Economic Forum Annual Meeting 2010. Brazil and Russia rank 62nd and 69th suggesting that the level of development is just one of many factors affecting placement in the rankings. The EPI is produced by a team of environmental experts at Yale University and Columbia University. This is the third edition of the EPI, which has been revisited biannually since 2006.