The United Nations: UN Secretary General Antonio Guterres, who called on a coalition of countries and institutions to provide the necessary support to reduce carbon emissions, said he understood the Indian government’s perspective that such a coalition would be given a kind of tutoring than New Delhi cannot accept.
Guterres, in his virtual remarks at the opening of the 2022 World Economic Forum (WEF), told the global gathering that a number of countries have pledged to significantly reduce their emissions in the 2020s while others countries face enormous structural obstacles.
India does not like the coalition, but India has accepted several forms of bilateral support and I have been in close contact with the United States, United Kingdom and several other countries to ensure that it There is a solid plan to support India, especially in their investment in 450 gigawatts of solar power, he said.
They have an energy mix that relies heavily on coal. This stands in the way of progress for all of us, said António Guterres.
He called for helping major emerging economies accelerate the transition from coal.
I call for the creation of coalitions of countries, public and private financial institutions, investment funds and companies that have the technological know-how to provide targeted financial and technical support to every country in need of aid, said the UN chief.
Later, in an interactive session, Mahindra Group Managing Director and CEO Anish Shah asked Guterres if global platforms could be created for seamless transfer of technology or knowledge to tackle climate change and accelerate the decarbonization agenda.
Guterres said transferring intellectual property should be much easier than it is today.
I have tried in close contact with several developed countries and with international financial institutions to see if we can find for each country that needs significant support in order to be able to reduce emissions in this decade and India is on the front line of these countries, he says.
Guterres noted that his proposal was to bring together a number of governments, international financial institutions, private finance and companies with relevant technologies, with governments and the private sector of countries like India, Indonesia , Vietnam, Thailand or South Africa, to be able to have a massive program of support targeted at these countries.
He said the developed world should invest to ensure that technologies are available and that this provides financial support so that countries and companies that have these technologies can agree to be part of these efforts.
Now I have seen a lot of acceptance of this concept. Your (Indian) government has told us that they don’t want a coalition and I understand the Indian government’s point of view that a coalition like this would probably have some sort of tutorship that India cannot accept . And I completely understand that, said António Guterres.
He noted that India is ready to move forward with several bilateral agreements.
And I am totally at your disposal to see and in close contact with the United States, with the European Union, with Japan, with other countries and with several financial institutions how is it possible to find mechanisms that allow effective transfer of technology to companies operating in the sectors that are critical – both energy and other sectors so that India can begin to reduce emissions more effectively.
India has set an ambitious target of reaching 175 GW of renewable energy capacity by the end of 2022, and accelerating it to 450 GW by 2030.
Guterres said India has the 450 gigawatt mega project and we need to ensure that there is adequate funding for this project.
He also noted the efforts of the Mahindra Group in India’s green private sector and said he would be happy to do all he can, in association with other sectors and nations, to put in place mechanisms that can work. in support of Indian businesses.
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