Climate Summit 2021: PM Modi, Joe Biden announce India-US clear power initiative

Prime Minister Narendra Modi Thursday introduced that India and the United States have determined to launch a joint clear power initiative to assist different creating international locations with reasonably priced entry to inexperienced finance and clear applied sciences.
Addressing the Leaders’ Summit on Climate, attended by 40 world leaders together with US President Joe Biden and China’s Xi Jinping, PM Modi introduced the “India-US climate and clean energy Agenda 2030 partnership”.

“As a climate-responsible developing country, India welcomes partners to create templates of sustainable development in India. These can also help other developing countries, who need affordable access to green finance and clean technologies,” he mentioned. “That is why, President Biden and I are launching the “India-US climate and clean energy Agenda 2030 partnership”. Together, we are going to assist mobilise investments, reveal clear applied sciences, and allow inexperienced collaborations.”
The Prime Minister additionally placed on the desk India’s instance of following “sustainable traditional practices”, saying the nation’s per capita carbon footprint is 60 % decrease than the worldwide common.
“Our ambitious renewable energy target of 450 Gigawatts by 2030 shows our commitment. Despite our development challenges, we have taken many bold steps on clean energy, energy efficiency, afforestation and bio-diversity,” he mentioned.
PM Modi mentioned that humanity is battling a worldwide pandemic and it’s a well timed reminder that the “grave threat posed by climate change” has not disappeared.

“For humanity to combat Climate Change, concrete action is needed. We need such action at a high speed, on a large scale, and with a global scope,” he mentioned.
In his opening comment, Biden pledged to chop a minimum of in half its carbon footprint. Chinese President Xi Jinping additionally reiterated his nation’s pledge to peak carbon emissions earlier than 2030 and obtain carbon neutrality earlier than 2060.