India plans actions to achieve climate, energy goals at G20 Summit
POWER & RENEWABLE ENERGY

India plans actions to achieve climate, energy goals at G20 Summit

India has laid its weight for the introduction of steps that need to be taken by developed countries for achieving climate and energy goals in the Rome Declaration after the G20 Leaders' Summit.

Piyush Goyal, India's Sherpa for the G20 and Commerce and Industries' minister, after the G20 Leaders' Summit concluded in Rome, told the media that instead of just concentrating on the climate targets, India along with other developing nations was able to include a language on what steps need to be taken, including by developed nations to accomplish these goals.

He was briefing about Prime Minister Narendra Modi's interventions and the joint effort at achieving the text of 'Rome Declaration' chosen by the G20 Leaders' Summit. It was Narendra Modi's eighth G20 Summit since 2014 and the first in-person summit since the Osaka Summit in 2019. The summit theme under the Italian Presidency was 'People, Planet, Prosperity, with an overarching theme of recovery from the pandemic.

The Prime Minister took part in all three Summit Sessions on Global Economy and Global Health, Climate Change and Environment and Sustainable Development. The leaders approved the Rome Declaration after over five days of extended negotiations.

Goyal clarified that what G20 considered and decided is global net zero, so all nations put together will be net-zero, which means that developed nations that have already enjoyed the fruits of low-cost energy for many years, will have to go in for net-zero much faster and probably even for net negative so that they can issue policy space and some carbon space for the developing nations to pursue their development agenda.

Image Source

Also read: CDC Group invests $70 million in India's climate change fund

India has laid its weight for the introduction of steps that need to be taken by developed countries for achieving climate and energy goals in the Rome Declaration after the G20 Leaders' Summit. Piyush Goyal, India's Sherpa for the G20 and Commerce and Industries' minister, after the G20 Leaders' Summit concluded in Rome, told the media that instead of just concentrating on the climate targets, India along with other developing nations was able to include a language on what steps need to be taken, including by developed nations to accomplish these goals. He was briefing about Prime Minister Narendra Modi's interventions and the joint effort at achieving the text of 'Rome Declaration' chosen by the G20 Leaders' Summit. It was Narendra Modi's eighth G20 Summit since 2014 and the first in-person summit since the Osaka Summit in 2019. The summit theme under the Italian Presidency was 'People, Planet, Prosperity, with an overarching theme of recovery from the pandemic. The Prime Minister took part in all three Summit Sessions on Global Economy and Global Health, Climate Change and Environment and Sustainable Development. The leaders approved the Rome Declaration after over five days of extended negotiations. Goyal clarified that what G20 considered and decided is global net zero, so all nations put together will be net-zero, which means that developed nations that have already enjoyed the fruits of low-cost energy for many years, will have to go in for net-zero much faster and probably even for net negative so that they can issue policy space and some carbon space for the developing nations to pursue their development agenda. Image Source Also read: CDC Group invests $70 million in India's climate change fund

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement