Modi emphasized the work India is doing to reduce emissions, eliminate waste and regenerate natural systems, including the pursuit of cleaner energy sources such as gas and renewables. He stressed that sustainable technology and financial support should be available to the developing world.
Beside the Virtual G20 Summit, the Prime Minister said at the “Earth Conservation Event” that research and innovation in sustainable technology needs to be strengthened in a spirit of cooperation and cooperation.
Prime Minister Modi also said that more technological and financial support to developing countries could make the world progress faster, “he stressed that individuals are at the core of development. In order for humankind to prosper, each person must prosper. We need to focus on the human dignity of all workers, rather than just considering the workforce as a factor in production. Such an approach would be the best guarantee to protect our planet, “Modi said.
The world is focused on saving people and the economy from the effects of covid-19, but “equally important is to continue to focus on the fight against climate change,” he said. The fight against climate change must be fought in an integrated, inclusive and holistic way, he said.
I am happy to share that India has not only achieved the goals of the Paris Agreement, but has exceeded them. “
India is on track to reach 175 GW of energy from a clean energy source by 2022 and is currently anticipating a target of 450 GW by 2030, the Prime Minister said.
The International Solar Alliance, established by India and France, is one of the fastest growing international organizations in the world, “he said, helping member countries reduce their carbon dioxide emissions.
The Covid 19 pandemic and uneven and uncertain global recovery are two issues that the leaders of the G20 Summit focused on on the first day of the two-day summit under the chair of Saudi Arabia, with the theme “21st Century.” Everyone. “
The Group of Twenty, or G20, is the premier forum for international economic cooperation. It groups leaders from both developed and developing countries on all continents. Overall, G20 members account for about 80% of the world’s economic production, two-thirds of the world’s population and three-quarters of international trade. This is the second G20 meeting this year. A special summit was convened in March, with group leaders from 20 or G20 major economies injecting more than $ 5 trillion into the global economy on Thursday to minimize the economic and social impact of the Covid-19 pandemic. I promised to do whatever it takes to do it.
We are honored to speak again to our # G20 partners on the second day of the Saudi Arabia-sponsored Virtual Summit.
We reiterated the importance of reforms in multilateral organizations to ensure better global governance to speed recovery after COVID, “Modi later wrote in a Twitter post.
Through a participatory approach, he emphasized comprehensive development, especially India’s efforts for women.
Aatmanirbhar Bharat emphasized that it will be a strong pillar of the resilient post-COVID global economy and global value chain. “
On Saturday, G20 leaders promised to ensure the fair distribution of the covid-19 vaccine and help poor countries struggling to recover from the coronavirus pandemic.
In his speech on Saturday, Modi called for multi-skilling and re-skilling of the workforce so that many companies around the world lost their jobs and people could cope with the aftermath of the closed covid-19 pandemic. It was. The Prime Minister also called for greater transparency in the governance system. He said this would allow citizens to tackle common challenges and build confidence.
Modi sought a new global index for the post-Corona world. It consists of creating four key elements of a vast talent pool. Ensuring that technology reaches all segments of society. Transparency of the governance system. And we deal with Mother Earth in the spirit of trust. “
Based on this, the G20 can lay the foundation for a new world, “Modi said.
According to a Reuters report, the draft G20 joint communiqué, in line with the members’ commitment to encourage innovation, said the group will spare no effort to ensure affordable and equitable access to all.
We recognize that widespread vaccination serves as a public good in the world. “
Regarding economic recovery, leaders said the global economy is beginning to recover, but the recovery is uneven, highly uncertain and increases the risk of downside. “
According to Reuters, they promise to continue to use all available policy tools as long as they need to protect lives, jobs and income, and efforts to help multilateral development banks respond to the crisis. Encouraged to strengthen.
The Draft Communiqué also requires private creditors to participate in the debt repayment moratorium, which the G20 wants to extend until mid-2021, and in some cases further, a common framework for addressing debt problems beyond that. Supports.
There is a lack of participation by private creditors, and we strongly recommend that you participate under similar conditions if requested by a qualified country. “
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