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India's G20 leadership: Ambitious renewable goals amid fossil fuel dilemma

Content Editor: Dr. Purnoor Kaur

October 12, 2023 at 12:30:00 PM

G20 Summit, Renewable Energy, Environment, One health

Content Editor: Dr. Purnoor Kaur
  • One of the final decisions of the G20 over climate change was to triple the 2030 renewable energy target.

  • The joint statement highlighted that $5.8-5.9T is needed for 2030 climate goals in low and middle-income countries.

  • Although India champions a green agenda, no clear fossil fuel phase-out plan exists.

  • Also, there has been an expression of reluctance against phasing out fossil fuels.

  • Despite the country's increase in renewable energy capacity, coal fuels 70% of Indian electricity.

  • G20 countries contribute 85% of global GDP and 80% of emissions.

  • Also, India and China blocked a call during the COP 26 summit in Glasgow in 2021 to include phasing out coal use in the final declaration.

  • However, transitioning to renewable energy is beneficial for the health of the individuals. 

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