Prime Minister Narendra Modi on Monday said that he feels it's his duty to raise the voice of developing countries while addressing the COP26 Global Leaders' Summit here in Glasgow.
Indian Prime Minister Narendra Modi delighted delegates at the COP26 climate summit with his announcement that the third-biggest emitter would reach net-zero by 2070.
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Modi also upped the renewable energy target of the country to 500 Gw by 2030
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He stressed that climate change is a huge challenge for the agriculture sector in developing nations, including India
The summit is often billed as essential to putting the landmark 2015 Paris climate accord into action
The green guarantee financing will support clean and resilient infrastructure in sectors such as clean energy, transport and urban development
Modi, who arrived in Glasgow on Sunday night from Rome, was received by British Prime Minister Boris Johnson and UN Secretary General Antonio Guterres upon his arrival at the summit venue
Johnson likened the Earth's position to that of fictional secret agent James Bond strapped to a bomb that will destroy the planet and trying to work out how to defuse it
Members include Tata Sons, GIC Pvt Ltd, Goldman Sachs, HDFC Bank, HSBC, among others; initiative aims to mop up private capital to support India's goal of 450 Gw renewable energy by 2030
Prime Minister Narendra Modi, who is also attending the crucial conference, will be addressing leaders from nearly 200 countries on November 1 and 2
Developed countries confirmed last week they had failed to meet a pledge made in 2009 to provide $100 billion a year in climate finance by 2020
China has already submitted updated climate targets to the United Nations as a new round of climate change talks gets under way in Glasgow.
India's energy policy is increasingly focused on solar, wind, gas, biofuels, hydrogen and electric mobility