Bijetri Roy, Managing Director & Chief Strategy Officer, InsPIRE
On the first day of the UNCCC COP-26 in Glasgow, Indian Prime Minister, Shri Narendra Modi silenced critics who were trying to write off the vision of India at COP-26 as “not bold” by setting out a bold vision with action. From net-zero greenhouse gas emissions by 2070 backed with strong achievable commitments, to suggesting a just, equitable, human-centric and planet-positive world, India is surely set to make the world a better place, to say the least!
India’s announcement comprised the Panchamrit (5 elements for climate action):
- Non-fossil electricity capacity of 500 GW by 2030;
- 50% electricity capacity from renewable energy by 2030;
- 1 billion tonne carbon emission reduction by 2030;
- 45% reduction in carbon emission intensity of GDP by 2030;
- Net-zero emissions by 2070.
To quote the Hon’ble Prime Minister, “All of us have to make a conscious choice. The choice of crores of people will mitigate the fight against Climate Change with each passing day.” He suggested that we all make the conscious effort of adopting LIFE (lifestyle for environment).
Developed nations should be expected to make climate finance of USD 1 trillion available at the earliest because it is important to track climate finance just the way we track the progress of climate mitigation and appropriate pressure should be created upon those that don’t meet their climate finance commitments.
सम्-गच्छ-ध्वम्,सम्-व-दद्वम्,सम्वोमानसिजानताम् (Let’s all interact together and everyone’s mind should be one).
