Energy News Beat
India and China have not signed the global renewable and energy efficiency pledge at this year’s Conference of Parties (COP28) climate summit, held in Dubai.
The pledge was to triple the global renewable energy target by the year 2030.
Meanwhile, a total of 118 nations have pledged to triple green energy.
The Global Renewables and Energy Efficiency Pledge commits to tripling worldwide installed renewable energy generation capacity to at least 11,000 GW and to double the global average annual rate of energy efficiency improvements to more than 4 percent by 2030.
Nearly 1,00,000 delegates from 198 countries are participating in the global conference, which commenced on Thursday and will run through December 12.
On Friday, Prime Minister Narendra Modi proposed to host the UN climate conference in India in 2028. He also launched a ‘Green Credit Initiative’ focused on creating carbon sinks through people’s participation.
Participating in multiple high-level events on the second day of the UN climate conference (COP28) in Dubai, the Prime Minister said rich nations should completely reduce their carbon footprint “well before” 2050 and give all developing countries their fair share in the global carbon budget.
He also urged countries to deliver a concrete outcome on finance to help developing and poor nations combat climate change at COP28.
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