India Proactively Working Towards Tackling Climate Change: Environment Minister

India Proactively Working Towards Tackling Climate Change: Environment Minister

India Proactively Working Towards Tackling Climate Change: Environment Minister

Bhupendra Yadav mentioned the partnership between India and the US will assist strengthen local weather motion.

New Delhi:

Climate change is the most important world problem and India is dedicated to fight it, Union Environment Minister Bhupender Yadav mentioned on Monday.

Speaking on the launch of Climate Action and Finance Mobilization Dialogue (CAFMD) below India-US Climate Clean Energy Agenda 2030, Yadav mentioned India is proactively working in direction of tackling local weather change and lowering carbon emissions.

John F Kerry, US Special Presidential Envoy for Climate, arrived in New Delhi on Sunday for the launch.

Mr Yadav mentioned the partnership between India and the US will assist strengthen local weather motion.

“Climate Action and Finance Mobilization Dialogue of the Agenda 2030 Partnership launched right now will present each international locations a chance to resume collaborations on local weather change whereas addressing the financing elements,” Mr Yadav mentioned.

The minister mentioned India is already a sexy vacation spot for world clear vitality investments.

“I hope this dialogue will work to mobilize and ship local weather finance primarily as grants and concessional finance, as envisaged below the Paris Agreement to strengthen local weather motion.

“I consider this Dialogue won’t solely strengthen India-US bilateral cooperation on local weather and setting however may also assist to reveal how the world can align swift local weather motion with inclusive and resilient financial improvement, making an allowance for nationwide circumstances and sustainable improvement priorities,” he mentioned.

Calling for pressing motion to handle local weather change, Mr Kerry mentioned motion must be taken now to keep away from extra catastrophic penalties.

“Floods, forest fires, file ranges of rainfall are taking place in every single place and to maintain 1.5 diploma warming limits in attain, and keep away from extra catastrophic penalties, we should act now,” he careworn.

Mr Kerry additionally mentioned that it was a superb time to spend money on vitality transition.

“There has by no means been a greater time to spend money on vitality transition.
Renewable vitality is cheaper than ever. Investors are flocking for clear vitality all around the globe. The transition has already rebounded after the pandemic and is now on monitor to smash the pre-pandemic file of 8.4 billion US {dollars} invested in a single 12 months,” he mentioned.

Terminating the clear vitality partnership as a significant alternative for India and the US, Mr Kerry mentioned it’s far cheaper to cope with local weather disaster now than it will likely be sooner or later.

The India-US Climate and Clean Energy Agenda 2030 Partnership was launched on the Leaders’ Summit on Climate in April 2021 by Prime Minister Narendra Modi and US President Joe Biden.

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