iNDICA NEWS BUREAU-
Prime Minister Narendra Modi on Monday said that India was the first G20 nation to achieve its Paris Climate commitments well ahead of the deadline, stating that what couldn’t be accomplished by developed nations, was done by a developing country.
“India is the first country in the G20 to achieve its Paris Climate commitments nine years ahead of the deadline. Among the G20 nations, we are the only one to have achieved this feat. What developed nations could not do, a developing nation has accomplished,” the Prime Minister said addressing the fourth Global Renewable Energy Investor’s Meet (RE-INVEST) 2024 in Gandhinagar today.
The conference kicked off at Mahatma Mandir, Gandhinagar in Gujarat on Monday, September 16. Hosted by the Ministry of New and Renewable Energy (MNRE), the three-day conference is expected to draw over 10,000 delegates, including top officials of government, industry, and financial sectors.
The theme of RE-INVEST 2024 is Mission 500 GW, which underscores India’s strategic goal to expand its renewable energy capacity significantly by 2030. The conference will feature an extensive agenda across 44 sessions, including a Chief Ministerial Plenary, a CEO Roundtable, and discussions on renewable energy innovations and opportunities specific to various countries and states. The sessions will address the role of women in accelerating energy transitions and provide a platform for start-ups, including pitches by the ten winners of the Solar X Challenge.
Key international partners for this year’s event include Australia, Denmark, Germany, and Norway. High-level delegations from the U.S., UK, Belgium, the European Union, Oman, UAE, Singapore, and Hong Kong will also be in attendance, with some delegations led by ministers from Germany and Denmark.
Modi stressed that India is working to achieve its target of 500GW by 2030. He also highlighted the PM Surya Ghar-Muft Bijli Yojana, which assists households in setting up rooftop solar systems in their houses. “We are working on many fronts to achieve the target of 500 GW by 2030. We are turning the green transition into a people’s movement. Our PM Surya Ghar-Muft Bijli Yojana is a unique scheme for rooftop solar electricity. Under this, we are funding every family to establish rooftop solar, assisting in installation,” he said. “Through this scheme, every household in India is going to become a power producer. So far, more than 13 million families have already registered in the scheme.”
Modi said that to build a sustainable energy path forward the focus is on solar power, wind power, nuclear, and hydropower. “Our aim is not to reach the top but to remain on top. Today, not only Indians but the entire world feels that India is the best bet of the 21st century. Global Fintech Fest was organized earlier this month, after which people from all over the world participated in the first solar international festival. Then people from every corner of the world came to the Global Semiconductor Summit and now today we are gathered here to discuss the future of Green Energy,” he added.
