Gujarat Exclusive > National-World > At COP26, PM Modi makes ‘Panchamrit’ promise: ‘India will reach net-zero emissions by 2070’

At COP26, PM Modi makes ‘Panchamrit’ promise: ‘India will reach net-zero emissions by 2070’

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  • PM Modi, who was in Glasgow for the COP26 Summit, will conclude his UK trip on November 2

Glasgow: Prime Minister Narendra Modi appeared to have infused some fresh enthusiasm in global climate change talks with his speech at COP26 Summit in Glasgow. On the occasion, he made a bold promise—that India would reach net-zero emissions by 2070.

Coming from one of the top three emitters of the world, this is a big pledge. PM Modi called his plan ‘Panchamrit’, the five stages of reduction of carbon emissions to deal with the challenge of climate change.

The first one is that India will reach its non-fossil energy capacity to 500 GW by 2030.

The second is that India will meet 50 per cent of its energy requirements from renewable energy by 2030.

Between 2021 and 2030, India will reduce the total projected carbon emissions by 1 billion tonnes.

By the same year, the carbon intensity of its economy will be reduced by less than 45 per cent.

The fifth of the promises, the biggest of them all, is that India will achieve the target of net-zero transmission by 2070.

“These panchamrits will be an unprecedented contribution of India to climate action,” PM Modi said.

He said, “Passengers numbering more than the entire population of the world, travel by Indian Railways every year. This huge railway system has set itself a target of making itself ‘Net Zero’ by 2030. This initiative alone will lead to a reduction of 60 million tonnes of emissions annually. Similarly, our massive LED bulb campaign is reducing emissions by 40 million tonnes annually.”

He also proposed a one-word movement called LIFE, or Lifestyle For Environment. “Today there is a need for all of us to come together, together with collective participation, to take Lifestyle For Environment (LIFE) forward as a campaign. This can become a mass movement of Environment Conscious Lifestyle.” He opined that what is needed today is mindful and deliberate utilization, instead of mindless and destructive consumption.

PM Modi also emphasized on climate finance. “We all know this truth that the promises made till date regarding climate finance have proved to be hollow. While we all are raising our ambitions on climate action, the world ambitions on climate finance cannot remain the same as they were at the time of the Paris Agreement,” he said. “… in such times, the transfer of climate finance and low cost climate technologies becomes more important. India expects developed countries to provide climate finance of $1 trillion at the earliest. Today it is necessary that as we track the progress made in climate mitigation, we should also track climate finance,” he added.

 

 

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