“Despite the enormity of the challenge in building a sustainable future, partnerships can make the journey easier. A sustainable future can be built on only by making the process a participative one.”-Shri Bhupender Yadav, Ministry of Environment, Forest and Climate Change & Labour and Employment, GoI
Shri Bhupender Yadav, Ministry of Environment, Forest and Climate Change & Labour and Employment, Government of India speaking at the 28th edition of the Partnership Summit organized by the Confederation of Indian Industry (CII) expressed that green technologies are set to unleash an unprecedented wave of disruption, propelling the Indian economy towards a sustainable future. The world is beginning to recognize India as an attractive destination for renewable energy investments. The substantial investments in India’s green energy system are not only in financial terms but also in terms of knowledge sharing. A number of countries have initiated discussions or have already started to work with India on green partnerships.
Further, he stated that India has demonstrated global leadership on promoting renewable energy and adapting to the damage caused by climate change and we are looking beyond borders through international initiatives such as the One Sun One World One Grid, The International Solar Alliance, and the Coalition for Disaster Resilient Infrastructure, all aimed at strengthening international cooperation to tackle climate change.
The honourable minister emphasized that innovative technologies enhancing public electric transport, carbon capture and storage, green hydrogen in the energy transition, accessible solar power, LED light efficiency, plastic recycling, energy storage, big data and analytics are shaping the sustainability agenda. India also launched the National Hydrogen Mission which encourages the use of hydrogen as a fuel. With a target of producing five million tonnes of green hydrogen by 2030.This puts India on the track to becoming the Global Hub for production, usage and export of Green Hydrogen and its derivatives. It also contributes to India’s aim to become Aatmanirbhar through clean energy and serve as an inspiration for the global Clean Energy Transition.
Mr. R Dinesh, President Designate, Confederation of Indian Industry & Executive Vice Chairman, TVS Supply Chain Solutions Ltd. stated that in India, the biggest strength of the economy is the way in which the livelihood business and medium and small-scale enterprises have been integrated into the working of large business houses. Expressing that the world is facing a severe climate crisis and the need for green sustainable solutions is at an all-time high, he stated that India has a unique opportunity to lead the way in development and adoption of clean and sustainable technologies. He acknowledged the two key focus areas set by the government of India with respect to the allocation of CAPEX and the spend required to make sustainable technologies happen.
Mr. Chandrajit Banerjee, Director General, CII stated that the CII Partnership Summit with over 35 sessions is discussing international collaborations and partnerships for mutual growth. There are many international speakers, almost 400 overseas delegates and all the G20 nations represented.
Mr. Banerjee highlighted the key initiatives of the Government like the Mission LiFE- Lifestyle for Environment, that aims to promote sustainable lifestyles and consumption patterns globally to address climate change. He also complimented the Minister for the simplification of environmental clearance processes, which has provided greater ease of doing business without compromising environmental integrity.
15 March 2023
New Delhi