UN Climate Chief Praises India as Solar Superpower, Urges Enhanced Climate Action for Economic Growth
India: A Solar Superpower on the Rise
India has solidified its status as a solar superpower, having installed over 100 gigawatts of solar capacity, ranking alongside China, the US, and Germany. Simon Stiell, the UN Climate Change executive secretary, praised India for its proactive measures and rapid progress in renewable energy during a recent event ahead of the ET Now Global Business Summit.
Economic Growth Through Clean Energy
Stiell highlighted that countries embracing clean energy initiatives stand to gain significantly from the evolving global economy. He noted India’s successful electrification of every village ahead of schedule and emphasized the need for a robust Nationally Determined Contribution (NDC) to harness even greater benefits for its 1.4 billion citizens.
Seizing Opportunities in Clean Energy
With nations vying for economic advantages in the clean energy sector, Stiell urged a collaborative approach among governments, businesses, and society. He pointed out that while challenges from climate change are pressing, the shift towards clean energy presents strategic and profitable opportunities for growth.
Call for Global Climate Finance
Stiell also reminded wealthier nations of their responsibility to support climate actions in developing countries, advocating for enhanced climate finance to build resilience.
Conclusion
As India continues to expand its renewable energy footprint, businesses and investors are encouraged to collaborate and drive forward the clean energy agenda. With initiatives like Prime Minister Modi’s LiFE (Lifestyle for Environment), India is poised to lead in the global clean energy revolution.
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