+
Piyush Goyal says Global South not Responsible for Climate Damage
ECONOMY & POLICY

Piyush Goyal says Global South not Responsible for Climate Damage

Union Minister of Commerce and Industry Piyush Goyal stated that the Global South should not be held accountable for the environmental damage caused worldwide, attributing it to the developed nations that had benefited from low-cost energy. Speaking at the Confederation of Indian Industry (CII) Partnership Summit 2024, he emphasised the need for shared but differentiated responsibilities in addressing environmental challenges.

The summit, attended by trade ministers from 11 countries, including Italy, Israel, and Bhutan, focused on sustainability and global cooperation. Goyal emphasised that the responsibility for addressing environmental challenges should be proportional to the contribution to the problem, with developed nations bearing greater accountability.

He called for more collaboration in shared supply chains and sustainable development efforts. Stressing the importance of innovation, industry, infrastructure, and investment, Goyal remarked that these factors would help foster inclusivity and growth among nations.

The minister also pointed out the impact of Artificial Intelligence and automation on employment and skills, noting the need to balance technological advancements with the preservation of tradition and culture. He underlined the importance of empowering youth through education and skills development to drive economic growth and achieve Ease of Doing Business and Ease of Living.

Regarding sustainability, Goyal highlighted the significance of reducing consumption waste and adopting a circular economy. He noted that environmental challenges are not only driven by carbon emissions from manufacturing but also by the carbon footprint from consumption patterns. He urged nations to reflect on their lifestyles and resource usage.

Union Minister of Commerce and Industry Piyush Goyal stated that the Global South should not be held accountable for the environmental damage caused worldwide, attributing it to the developed nations that had benefited from low-cost energy. Speaking at the Confederation of Indian Industry (CII) Partnership Summit 2024, he emphasised the need for shared but differentiated responsibilities in addressing environmental challenges. The summit, attended by trade ministers from 11 countries, including Italy, Israel, and Bhutan, focused on sustainability and global cooperation. Goyal emphasised that the responsibility for addressing environmental challenges should be proportional to the contribution to the problem, with developed nations bearing greater accountability. He called for more collaboration in shared supply chains and sustainable development efforts. Stressing the importance of innovation, industry, infrastructure, and investment, Goyal remarked that these factors would help foster inclusivity and growth among nations. The minister also pointed out the impact of Artificial Intelligence and automation on employment and skills, noting the need to balance technological advancements with the preservation of tradition and culture. He underlined the importance of empowering youth through education and skills development to drive economic growth and achieve Ease of Doing Business and Ease of Living. Regarding sustainability, Goyal highlighted the significance of reducing consumption waste and adopting a circular economy. He noted that environmental challenges are not only driven by carbon emissions from manufacturing but also by the carbon footprint from consumption patterns. He urged nations to reflect on their lifestyles and resource usage.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?