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India’s green transition faster than any other country: Puri

India attended the World Economic Forum and said that the country will emerge as the leader in green hydrogen. The Indian delegation is led by Minister of Petroleum and Natural Gas Hardeep Singh Puri and Commerce and Industry Minister Piyush Goyal. 

 

The comment made by Mr. Hardeep Singh puri reflects India’s commitment to a sustainable energy front. This year marks the 25th-anniversary since India attended the Davos platform. In the respected event, India will talk about six notions namely digital economy, energy transformation, and building unicorns. The Indian side will also include the opportunity for infrastructure asset monetization which is pegged at $80 billion. 

 

Mr. Puri during breakfast interaction said “India is moving faster than any other country towards a green transition and taking advantage of the current energy crisis to accelerate this transition.” Puri firmly believed in the current government’s pace of vaccine production and dismantled the capacity of the previous regime from 2004-to 2014. 

 

The Alliance of CEO Climate Action Leaders was launched at the summit to speed up the transition of India toward climate change and decarbonization efforts. This alliance will work to achieve the vision presented by the country for 2070. The white paper is titled ‘Mission 2070: A green New Deal for a Net Zero India’. It highlights the aspirations of Prime Minister Narendra Modi towards the five Panchamrit to achieve the net-zero targets of the country by 2070. 

 

The alliance will serve as a platform to support business leaders in planning and implementing to achieve climate targets including net-zero economic growth. The country has also collaborated with management consultancy Kearney and the Indian think tank Observer Research Foundation. 

 

The Davos event is taking place in the backdrop of Russia- the Ukraine war, the food crisis, and global supply chain disruptions. 

 

By TIS Staffer
the authorBy TIS Staffer

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