Addressing the opening session of the world leaders at the COP28 Summit in Dubai, Indian Prime Minister Narendra Modi, Friday, said that India is one of the few economies in the world that is on the way to accomplishing the Nationally Determined Contributions (NDCs).
India has set targets to bring emission intensity down by 45 per cent by 2030 and increase the share of non-fossil fuels to 50 per cent.
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“We do not have much time to correct mistakes of the last century,” he added. Stating that India contributes less than 4 per cent to global carbon emissions, Modi asserted that the country has presented a model of development to the world striking a great balance between ecology and economy. PM Modi’s visit comes on the heels of India’s G20 presidency, during which the nation played a pivotal role in steering global leaders towards a commitment to triple renewable energy capacity by the end of this decade.
He also proposed India to host COP33 in 2028. “India is committed to the UN Framework for Climate Change process. That is why, from this stage, I propose to host the COP33 Summit in India in 2028,” he said.
In his address, the PM also proposed the Green Credit Initiative, which focuses on creating carbon sinks through people’s participation.The PM will have seven bilateral meetings, deliver four speeches and be part of two special initiatives on climate events during his stay in Dubai for less than 24 hours.
This is PM’s third appearance at the World Climate Action Summit, after his visits to Paris in 2015 and Glasgow in 2021.
It was a special gesture by the UAE, which gave PM Narendra Modi the honour of speaking at the Ceremonial Opening of the summit. Those keeping a close eye on the developments believe his appearance at the global forum is evident of the close economic partnership UAE and India have developed. It also goes a step further in India’s vision of the “Voice of Global South”.
The 28th edition of the climate change conference which began Thursday will run till December 12. The key agenda is to complete the global stocktaking exercise and to review the progress in the global fight against climate change. It will also decide on measures the countries have taken to strengthen climate actions.