+
 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
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?