B20 Task Force on Climate Change recommends just and equitable transition to clean energy
AFP
Synopsis
The B20 India Task Force on Energy, Climate Change, and Resource Efficiency has recommended a just and equitable transition to clean energy that is inclusive and resilient. The task force calls for global cooperation to achieve net zero transitions and emphasizes the need for collaboration, innovation, and financing options that benefit everyone, especially in the global south. The recommendations also promote a circular economy and highlight the urgency of addressing climate change while reducing dependence on fossil fuels.
A just and equitable transition to clean energy must be inclusive and resilient, one that does not leave anyone behind from guaranteeing energy security to championing affordability and fostering gender inclusivity to strike for a transition that is comprehensive and compassionate, the B20 India Task Force on Energy, Climate Change and Resource Efficiency, recommended Friday.
“This is our call for a global alliance, urging nations and industries to collaborate, to innovate and to make the next generation of clean energy a tangible reality,” Jindal said speaking at the B20 India Summit organised by CII.
As part of the recommendations, the task force said its aim is to provide better financing options that benefit everyone, especially the global south, along with promoting a circular economy where resources are used efficiently and sustainably.
“Collaboration is the cornerstone of our mission by pooling our expertise, knowledge, and passions, we can ignite a change so profound that it doesn’t really benefit a community or a nation but transcends boundaries, uniting the world in a shared vision of prosperity and sustainability,” Jindal said.
He added that the world is in a race against time, navigating geopolitical challenges and energy crises, and striving to uphold the commitments under the Paris Agreement.
“Climate change isn’t just a headline. It’s a reality. And while we see this reality unfolding, paradoxically, our dependence on fossil fuel is on the rise,” Jindal said.
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The task force co-chair Sajjan Jindal said there is a need for global cooperation for net zero transitions.“This is our call for a global alliance, urging nations and industries to collaborate, to innovate and to make the next generation of clean energy a tangible reality,” Jindal said speaking at the B20 India Summit organised by CII.
As part of the recommendations, the task force said its aim is to provide better financing options that benefit everyone, especially the global south, along with promoting a circular economy where resources are used efficiently and sustainably.
“Collaboration is the cornerstone of our mission by pooling our expertise, knowledge, and passions, we can ignite a change so profound that it doesn’t really benefit a community or a nation but transcends boundaries, uniting the world in a shared vision of prosperity and sustainability,” Jindal said.
He added that the world is in a race against time, navigating geopolitical challenges and energy crises, and striving to uphold the commitments under the Paris Agreement.
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“Climate change isn’t just a headline. It’s a reality. And while we see this reality unfolding, paradoxically, our dependence on fossil fuel is on the rise,” Jindal said.
(You can now subscribe to our Economic Times WhatsApp channel)
