India has shown leadership in climate action: PM Modi
The PM also stressed the need to have transnational grids and interconnections to enhance energy security.“
New Delhi: Prime Minister Narendra Modi on Saturday said India has shown leadership in climate action, achieved non-fossil installed electric capacity target nine years in advance, and plans to achieve 50% non-fossil installed capacity by 2030.
Addressing via video link the G20 Energy Ministers’ Meeting, which is currently underway in Goa, he also said that the country plans to achieve the target of 50 per cent of its installed electricity power capacity from non-fossil fuel based energy sources by 2030.
The PM also stressed the need to have transnational grids and interconnections to enhance energy security.“
India is making great efforts in green growth and energy transition. India is the most populated nation and fastest-growing large economy. Yet we are moving strongly on our climate commitments,” he said.
“We achieved our non-fossil installed electricity capacity target nine years in advance. We have set a higher target. We plan to achieve 50 per cent non-fossil electricity by 2030. India is also among the global leaders in solar and wind power,” the prime minister said.
The world looks up to this G20 group for advanced, sustainable, affordable, inclusive and clean energy transition, he said.
“While doing this, it is important that our brothers and sisters in the global south are not left behind. We must ensure low-cost finance for developing countries,” he said.
We must find ways to bridge technology gaps, promote energy security and work on diversifying supply chains, the PM said while calling for strengthening collaboration on fuels for the future.
The PM said that realising the vision of interconnected green grids can be transforming.
“It will enable all of us to meet our climate goals, stimulate green investment and create millions of green jobs,” he added.
Addressing the G20 delegates, Modi said that no talk about the future sustainability of growth and development can be complete without energy.
Modi said that the country is making efforts for inclusive, resilient, equitable and sustainable energy for all.
The prime minister invited the delegates to join the green grids initiative – ‘One Sun, One World, One Grid’ – of the international solar alliance.
