Prince Charles lauds India's solar power efforts

01 Jul 2021 CW Team

Addressing the Indian Global Forum session on Climatic Action, Indian entrepreneurs and CEOs were called upon to join the Sustainable Markets India Council, launched to seek sustainable investments to influence an acceleration towards climate action goals.

Prince Charles said that India's global reach and robust private sector are the key ways to work together to accelerate the efforts and build a more sustainable future. Firstly, the focus should be on accelerating the flow of private capital to support the transition.

Renewable energy, particularly solar power, is rapidly growing in India and is an excellent example to the world, he said.

The vision of the Sustainable Markets Initiative, launched in January 2020, is to get CEOs together from every sector to identify the obstacles to progress and find game-changing ways to accelerate the zero-carbon future initiative.

The efforts have seen large financial gaps in sustainable initiatives in green energy, water, transport, sanitation, and critical infrastructure.

In January 2021, Terra Carta was launched as the mandate of the Sustainable Markets Initiative and a recovery plan for nature, people and the planet. It offers a roadmap for acceleration towards a sustainable future, to harness the power of nature combined with innovation and resources of the private sector, he said.

Prince Charles focuses mainly on the need for a clear set of global farm metrics to create a sustainable supply chain.

India is a global centre for technology and innovation, along with a deep connection to nature and harmony. India has a vital role in the efforts, particularly viewing India's wealth of entrepreneurial talent, he said. Additionally, India would play an essential part as the efforts are further developed at the COP26 UN Climate Summit, hosted by the UK in Glasgow in November.

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Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

Also read: Asia Pacific RE investments to be $1.3 trillion by 2030: Woodmac

Prince Charles of Britain told the media that India's solar power efforts are an example to the world and added that the country will play a vital role in the global search for natural-based and tech-based solutions, critical of accelerating the initiative towards a zero-carbon future. Addressing the Indian Global Forum session on Climatic Action, Indian entrepreneurs and CEOs were called upon to join the Sustainable Markets India Council, launched to seek sustainable investments to influence an acceleration towards climate action goals. Prince Charles said that India's global reach and robust private sector are the key ways to work together to accelerate the efforts and build a more sustainable future. Firstly, the focus should be on accelerating the flow of private capital to support the transition. Renewable energy, particularly solar power, is rapidly growing in India and is an excellent example to the world, he said. The vision of the Sustainable Markets Initiative, launched in January 2020, is to get CEOs together from every sector to identify the obstacles to progress and find game-changing ways to accelerate the zero-carbon future initiative. The efforts have seen large financial gaps in sustainable initiatives in green energy, water, transport, sanitation, and critical infrastructure. In January 2021, Terra Carta was launched as the mandate of the Sustainable Markets Initiative and a recovery plan for nature, people and the planet. It offers a roadmap for acceleration towards a sustainable future, to harness the power of nature combined with innovation and resources of the private sector, he said. Prince Charles focuses mainly on the need for a clear set of global farm metrics to create a sustainable supply chain. India is a global centre for technology and innovation, along with a deep connection to nature and harmony. India has a vital role in the efforts, particularly viewing India's wealth of entrepreneurial talent, he said. Additionally, India would play an essential part as the efforts are further developed at the COP26 UN Climate Summit, hosted by the UK in Glasgow in November. Image Source Also read: US-based 1366 Technologies to invest $300 mn for solar module in India Also read: Asia Pacific RE investments to be $1.3 trillion by 2030: Woodmac

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