India first among G-20 nations to meet Paris Agreement goals,
India first among G-20 nations to meet Paris Agreement goals
Date: 11 February 2025Context: Virtual address by PM Narendra Modi from France during the opening ceremony of India Energy Week 2025
Key Highlights:
- India first G-20 nation to meet Paris Agreement targets
- Solar energy: Capacity increased 32 times in last 10 years
- India is the third-largest solar power generating country
- Non-fossil fuel energy capacity: Increased threefold
Biofuel & Ethanol:
- Ethanol blending: 19% achieved; projected to reach 20% by October 2025
- Promotes CO2 emission reduction, foreign exchange savings, and farmer revenue
- Global Biofuels Alliance: Formed during India’s G20 Presidency; now includes 28 nations & 12 international organisations
- Sustainable feedstock: 500 million metric tonnes
- Transforming waste into wealth & establishing Centers of Excellence
Energy Targets for 2030:
- 500 GW renewable energy capacity
- Net-zero carbon emissions for Indian Railways
- 5 million metric tonnes of Green Hydrogen annually
Gas & Refining Sector:
- India is 4th largest refining hub
- Plans to increase refining capacity by 20%
Solar Manufacturing:
- PV module manufacturing increased from 2 GW to 70 GW in 10 years
- Growth accelerated by PLI scheme
Significance:
- Demonstrates India’s leadership in renewable energy and climate action
- Aligns with Paris Agreement goals and Sustainable Development Goals
- Sets benchmark for G-20 nations in climate responsibility
Updated - 01:20 PM Feb 11, 2025 | https://www.tribuneindia.com/