India urges G20 partners to stand united against global warming, climate change

iNDICA NEWS BUREAU-

India called upon G20 nations to fight unitedly against global warming and, climate change at the first G20 Energy Transitions Working Group Meet held in Bengaluru on Sunday, February 5. On the sidelines of the event an international seminar on ‘Carbon Capture, Utilization and Storage (CCUS)’ was organized. The seminar highlighted the importance of carbon capture, utilization, and storage, considered vital for achieving net-zero targets.

The first ETWG Meeting under India’s G20 Presidency will focus on six major priority areas – Energy Transition through Addressing Technology Gaps; Low-cost Financing for Energy Transition; Energy Security and Diversified Supply Chains; Energy Efficiency, Industrial Low Carbon Transitions, and Responsible Consumption; Fuels for Future (3F) and Universal Access to Clean Energy and Just, Affordable, and Inclusive Energy Transition Pathways. The theme of the event is “One Earth, One Family, and One Future”.

More than 150 participants including G20 countries and nine special invitee guest countries are participating in the three-day event along with the World Bank, Asian Development Bank, United Nations Environment Program (UNEP), and many other international organizations.

Union Minister for Power and Renewable Energy, R.K. Singh called upon the G20 member countries to join forces to counter the challenges posed by global warming and climate change. Delivering the keynote address at the first Energy Transitions Working Group (ETWG) Meeting in Bengaluru on Sunday, the minister said that India now stands committed to reducing the emissions intensity of GDP by 45 percent by 2030 from the 2005 level.

He said that the country also aims to achieve close to 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. Noting that India has been ranked among the top five performing countries in the Climate Change Performance Index, Singh informed that the country’s per capita greenhouse gas emissions are far below the world average of 6.3 tCO2e in 2020. “By implementing energy-saving schemes, the government has reduced CO2 emission by 267.9 million tonnes per year, resulting in an estimated cost savings of $ 18.5 billion,” he added.

Union Minister for Parliamentary Affairs, Coal & Mines Shri Prahlad Joshi underlined the need for international collaboration to achieve universal access to clean energy.

 

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