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Developed countries need to fulfil their commitments on finance and technology transfer: PM Modi | India News – Times of India


NEW DELHI: Flagging concerns of developing nations over their inability to take an expensive route of climate actions without support, Prime Minister Narendra Modi on Wednesday said successful climate actions need “adequate financing” and noted how “very little has been done” by the rich nations despite their promises in the past whereas India has consistently been delivering on its promises.
“We have heard people call our planet fragile. But it is not the planet that is fragile. It is us. We are fragile. Our commitments to the planet, to nature, have also been fragile. A lot has been said over the last 50 years, since the 1972 Stockholm Conference. Very little has been done. But in India, we have walked the talk,” said Modi. His remarks could be a reminder to the developed nations over their unfulfilled promises — both in terms of their pre-2020 mitigation goal as well as extending financial and technological support to the developing countries for taking adaptation measures.
The Prime Minister was delivering his inaugural address at the World Sustainable Development Summit (WSDS), organised by The Energy and Resources Institute (TERI). Environment minister Bhupender Yadav and delegates from across the globe virtually attended the Summit.

Referring to India’s approach, Modi said, “Our culture, rituals, daily practices and numerous harvest festivals demonstrate our strong bonds with nature. Reduce, reuse, recycle, recover, re-design and re-manufacture have been part of India’s cultural ethos. India will continue to act for climate resilient policies and practices as we have always done.”
He said, “I firmly believe, and I am sure you would agree, that environmental sustainability can only be achieved through climate justice. Energy requirements of the people of India are expected to nearly double in the next twenty years. Denying this energy would be denying life itself to millions.”
He brought the issue of ‘climate justice’ and ‘climate finance’ in the backdrop of enhanced commitments of climate actions where all countries are expected to work towards decarbonising their economies for reaching global ‘net zero’ emission goal. Though India too raised its ambition and took up a range of actions to move towards a low energy growth path, the country has consistently maintained that giving clean energy access to the poor remains its priority.
“Equitable energy access to the poor has been a cornerstone of our environmental policy,” said Modi while sharing how India has been working on this front through ‘Ujjwala Yojana‘ (providing access to clean cooking fuel) and PM-KUSUM scheme by taking up renewable energy to the farmers with encouraging them to set up solar panels and solar pumps.
Referring to India’s plans on setting up of the National Hydrogen Mission, the Prime Minister asked academic and research institutes like TERI to come up with “scalable solutions” to realize the potential of green hydrogen.
Modi in his address also brought in issues of ‘lifestyle’ and ‘circularity’ for sustainable use of resources, and called the world leaders to adopt LIFE (Lifestyle for Environment) and Pro Planet People (3 Ps) approach for sustainability. He said, “LIFE is about making lifestyle choices to improve our planet. LIFE will be a coalition of like-minded people across the world who will promote sustainable lifestyles. I call them 3Ps – Pro Planet People. This global movement of Pro Planet People (3-Ps) is the Coalition for LIFE.”
TERI, on the occasion, announced the ‘Sustainable Development Leadership Award 2022’ which was to Michael R Bloomberg, UN Special Envoy for Climate Ambition and Solutions, and founder of Bloomberg LP and Bloomberg Philanthropies, for his work on tackling climate change.
“We all know we have a lot of work to do and not a moment to waste. The good news is all the steps we take fighting climate change will also grow the economy and create jobs and protect people’s health. India is leading by example and it was great to see the country make ambitious climate commitments at COP26. Our company and our foundation are working with public and private sector leaders in India to help the country reach its goals. We are all in this together, ” Bloomberg said while accepting the award.





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