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

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement