India Struck a Great Balance Between Ecology and Economy: PM Modi at COP28

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India Struck a Great Balance Between Ecology and Economy: PM Modi at COP28

| Updated: December 1, 2023 18:05

PM Modi at COP28

Dubai, UAE: During his address at the COP28 climate summit in Dubai, Prime Minister Narendra Modi on Friday highlighted India’s achievements in striking a balance between ecology and economy. He also proposed to host the COP33 in India in 2028.

India’s Commitment to Climate Action

PM Modi stated that India, despite being home to 17% of the world’s population, contributes less than 4% to global carbon emissions. He further emphasized that India is on track to meet its Nationally Determined Contributions (NDCs) targets. The Prime Minister acknowledged the support received from the international community on issues of climate justice, climate finance, and green credit. He stressed the need for collective efforts to protect the interests of all nations for the welfare of the world.

India’s Ambitious Climate Targets

Sharing India’s vision for climate change, PM Modi outlined the country’s ambitious targets:

  • Reduce emissions intensity of GDP by 45% by 2030
  • Increase the share of non-fossil fuels to 50% by 2030
  • Achieve net-zero emissions by 2070

Green Credit Initiative

Prime Minister Modi proposed a new initiative called the Green Credit Initiative, which focuses on creating carbon sinks through people’s participation. This initiative aims to incentivize individuals and communities to take concrete actions towards environmental protection.

Hosting COP33 in India

PM Modi formally proposed India to host the COP33 climate summit in 2028. This reflects India’s growing leadership on the global stage and its commitment to tackling climate change.

Global Leadership

Prime Minister Modi was the only leader to join the opening plenary along with COP28 President Sultan Al Jaber and UN Climate Change President Simon Steill. This signifies India’s increasing prominence in the international climate discourse.

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