India's Green Energy Revolution and Commitment to Climate Goals
Key Ideas
- India, under PM Modi's leadership, has made significant strides in green energy, achieving Paris commitments ahead of schedule and focusing on a Net Zero target by 2070.
- The country's emphasis on green hydrogen, nuclear energy, and ethanol blending showcases a commitment to diversified clean energy sources and lower per-unit electricity costs.
- PM Modi highlighted the importance of global cooperation in energy transition, technology, and governance frameworks, emphasizing inclusive development and sustainability.
Minister of Petroleum and Natural Gas Hardeep Singh Puri highlighted India's achievements in green energy, stating that the country has completed its Paris commitments early. Prime Minister Narendra Modi emphasized the importance of energy security and the need for global collaboration during the G7 outreach session. India is focused on achieving Net Zero by 2070 and aims for 500 GW of renewable energy by 2030, including green hydrogen and nuclear energy. PM Modi stressed the significance of inclusive development and clean energy initiatives like the International Solar Alliance. India's renewable energy capacity is around 50%, with a goal of increasing it further. Moreover, PM Modi called for cooperation in developing governance frameworks for artificial intelligence to ensure sustainability through renewable energy sources.