Tuesday, December 7, 2021

COP 26 talks enter final day; India will achieve net-zero emissions by 2070, says PM Modi

The ongoing COP-26 Climate Summit in Glasgow will conclude today. At COP-26, the Parties worked to achieve the completion of Paris Agreement implementation guidelines, the mobilization of climate finance, actions to strengthen climate adaptation, technology development, and transfer and keeping in reach the Paris Agreement goals of limiting the rise in global temperatures.

On the final day, COP-26 will arrive at an agreement that may focus on adaptation and helping countries deal with the effects of climate change and finance, a controversial issue because poorer countries blame richer countries for not contributing enough.

As far as India is concerned, it will achieve net-zero carbon emissions by 2070 and reduce one billion tonnes of carbon emissions from the total projected emissions by 2030. Delivering the National Statement at the World Leaders’ Summit of COP-26 in Glasgow, Prime Minister Narendra Modi said, India will bring its non-fossil energy capacity to 500 GW by 2030 and it will fulfill 50 percent of its energy requirement through renewable energy by 2030. Mr. Modi adds the country constitutes 17 percent of the global population and its contribution to the emission has remained only five percent. Talking about climate finance, PM said, all climate finance promises have been empty ones so far and developed countries must ensure one trillion dollar climate finance at the earliest.

The idea of One Sun, One World, One Grid was mooted by Prime Minister Narendra Modi at the Glasgow Summit and followed by a launch thereof. The initiative calls for setting up of a global grid that would be able to transmit solar power that is clean energy anywhere and anytime. It will reduce the storage needs, make solar projects viable and reduce carbon footprints and the energy cost.

AIR News spoke to Global Head of Power and Utilities, KPMG Anish De, and a renowned expert on the renewables on the One Sun, One World, One Grid initiative. He said that there is dismay about climate financing at how the rich nations have backtracked on their promise.

Director General of International Institute for Sustainable Development Dr. Srikanta Panigrahi also said The United States has joined the International Solar Alliance (ISA) as a member country. It becomes the 101st country to sign the framework agreement of the ISA to catalyze global energy transition through a solar-led approach.

Prime Minister Narendra Modi welcomed the United States’ entry into the International Solar Alliance. In a tweet, Mr. Modi said, it will further strengthen the ties in their shared quest of harnessing solar energy for a sustainable planet.

The COP-26 summit in Glasgow is seen as crucial if climate change is to be brought under control. Almost 200 countries are being asked for their plans to cut emissions and it could lead to major changes to our everyday lives. It is the biggest climate change conference since the landmark Paris talks. Some 200 countries are being asked for their plans to cut greenhouse gas emissions which cause global warming by 2030.

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