India to be testbed for implementing decarbonisation technologies globally, says GEAPP CEO
4 days ago

India to be testbed for implementing decarbonisation technologies globally, says GEAPP CEO

Live Mint  

New Delhi: The Global Energy Alliance for People and Planet plans to use India as a testbed for new decarbonisation technologies that would then be commercially operationalised in other developing countries. Acknowledging concerns over countries moving away from their green targets, he said the emphasis and progress on sustainability will continue and developing countries like India would take the lead. India advantage The GEAPP CEO said India’s strength in information technology and AI, along with cheaper labour costs, plays a major role in bringing in new clean energy solutions and implementing them first in the country. Um said that with financing for sustainability yet to pick up, developing countries like India, Brazil and South Africa would take the lead in implementing measures to mitigate climate change and developed nations should be more generous in financing and transferring technology.

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History of this topic

India must go beyond economic efforts to dodge a middle-income trap
2 weeks, 2 days ago

India must go beyond economic efforts to dodge a middle-income trap

Live Mint  

As we come to the end of the year, I want to draw attention to a debate that ought to have received greater attention. In August, Indermit Gill, World Bank’s chief economist, shocked everyone by arguing that on current trends, it would take India 75 years to achieve a quarter of the United States’ per capita gross domestic product. Whether …

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity
4 months ago

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity

Live Mint  

New Delhi: Spain’s Zelestra plans to invest $5 billion in India to build 10GW of wind and solar power capacity by the end of the decade, a top executive said, doubling its previous target of achieving 5GW by 2026. The company, backed by private equity firm EQT, may also enter India’s lucrative commercial and industrial sector as part of the …

India’s rising geopolitical clout will be tested as it hosts the G20 summit
1 year, 4 months ago

India’s rising geopolitical clout will be tested as it hosts the G20 summit

Associated Press  

NEW DELHI — Ahead of India’s hosting of the G20 summit of leading economies, its prime minister invited 125 mostly developing countries to a virtual meeting in January to signal New Delhi’s intention to be their champion on the world stage. Steering through fractures among the world’s various blocs over Russia’s war in Ukraine will be a “diplomatic high-wire act” …

India is making its mark in the world
1 year, 7 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

Sustainability is a key focus area for India at G20
1 year, 11 months ago

Sustainability is a key focus area for India at G20

Hindustan Times  

India assumed the G20 presidency on December 1, 2022, marked by hope, dreams, and aspirations. These efforts are helping India meet its needs while contributing to global efforts at reducing CO2 emissions India remains one of the fastest-growing economies in the world. As per the new NDC, India is committed to reducing the emissions intensity of its Gross Domestic Product …

Economic Survey 2022-23 | India needs global finance to achieve climate goals
1 year, 11 months ago

Economic Survey 2022-23 | India needs global finance to achieve climate goals

The Hindu  

For India to meet its international “obligations” on curtailing greenhouse gas emissions, it must have access to “on-time” climate finance, technology, and access to critical minerals. Advanced economies ought to set examples of policy and “behavioural changes” that work in their countries and only then could they be emulated in developing countries, the Economic Survey said on Tuesday in a …

India’s G20 Presidency - A shorter path to fulfill SDGs amidst the climate change
2 years ago

India’s G20 Presidency - A shorter path to fulfill SDGs amidst the climate change

Hindustan Times  

December 2022 witnessed a major breakthrough for India in the contemporary global scenario as India assumed the G20 presidency for the very first time. During India’s presidency, the G20 troika will be constituted by the promising trio of India, Brazil and Indonesia with immense potential to balance mutual growth interests while also continuing the G20 Agenda. Fishermen communities along India’s …

The world is looking at India as a destination for investment: Gita Gopinath
2 years ago

The world is looking at India as a destination for investment: Gita Gopinath

Live Mint  

While the IMF has forecast a lower growth rate for the global economy in 2023 compared with this fiscal, a positive trend for India is that countries that are looking to diversify their supply chains are looking at India as an option, said International Monetary Fund’s First Deputy Managing Director Gita Gopinath in an interview with Mint. In a wide-ranging …

G20 summit announced India’s arrival on global stage; path ahead will need more diplomatic dexterity, relentless focus
2 years, 1 month ago

G20 summit announced India’s arrival on global stage; path ahead will need more diplomatic dexterity, relentless focus

Firstpost  

The G20 — a summit of 20 largest economies featuring more than 80 per cent of global GDP, 75 per cent of international trade and 60 per cent of the world population — saw its agenda in Bali, Indonesia, almost getting derailed due to the deep division among member states caused by the war in Ukraine. Incrementally, India will add …

Developed Countries Must Take Lead in Global Transition Towards Net-zero: India Tells UN
2 years, 5 months ago

Developed Countries Must Take Lead in Global Transition Towards Net-zero: India Tells UN

News 18  

The maximum impact of the climate change is being borne by the poorest countries and most vulnerable communities who have contributed the least to the crisis, India has said, asserting that the developed nations with their historical experiences must take lead in the global transition towards net-zero. “The maximum impact of the climate crisis is being borne by the poorest …

India can lead the world in sustainable growth
3 years, 7 months ago

India can lead the world in sustainable growth

Hindustan Times  

A quarter-century of growth has transformed the lives of millions of Indians and offered India its rightful place on the global stage. This rapid growth trajectory also places India at the heart of the most critical question of the environmental movement — can developing nations, which collectively generate the majority of global growth in the coming decade, reduce their carbon …

India story is not over yet: Fast global aid indicates world wants New Delhi's resurgence
3 years, 7 months ago

India story is not over yet: Fast global aid indicates world wants New Delhi's resurgence

Firstpost  

At the India-EU summit in early May, French president Emmanuel Macron declared, “India does not need to listen to lectures from anyone about vaccine supplies. It may be difficult to comprehend at this moment of distress, but if not for India’s earnest global engagement over the past few years—and, its proactive assistance to many nations during the first wave of …

Greenhouse gas emissions: How to think about India in a net-zero world
4 years, 2 months ago

Greenhouse gas emissions: How to think about India in a net-zero world

Live Mint  

Economies accounting for more than half the world’s gross domestic product have now set, or are in the process of setting, goals to reach net-zero greenhouse gas emissions within decades. “India has to push back against it,” said Thomas Spencer, a researcher at the energy and climate think tank The Energy and Resources Institute, who authored reports on negotiations leading …

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