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India's Energy Secretary Pankaj Aggarwal highlighted the steps being taken by the Narendra Modi government to promote solar energy in the country to help convergence towards COP28 renewable energy and energy efficiency commitments at the ongoing 26th edition of the World Energy Congress. Poured.
Speaking at a ministerial roundtable on Wednesday, he said the government's initiatives like PM-KUSUM scheme and solar rooftop program are promoting environmental sustainability and job creation. He said the Indian carbon market will further advance sustainability efforts.
PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha and Utthan Mahabhiyan) is a solar energy scheme aimed at ensuring energy security for farmers in India as well as increasing the share of installed capacity of electric energy from non-fossil-fuel sources in India. Commitment has to be honored. 40 percent by 2030 as part of the Intended Nationally Determined Contribution (INDC).
The scheme aims to install 10,000 MW of decentralized grid connected renewable energy power plants on barren lands and 27.50 lakh stand-alone solar agriculture pumps on agricultural lands in the country as part of the larger push for green energy.
Aggarwal also pointed out that the G20 New Delhi Leaders' announcement is a testament to India's efforts to build convergence towards its COP28 commitments to double the global rate of energy efficiency improvement every year and triple global renewable capacity by 2030.
The Secretary also said that India's Mission LiFE has been appreciated for advocating sustainable lifestyle, echoing the global consensus at the COP27 and G20 forums. He also talked about COP28's recognition of the transition towards carbon neutrality with an emphasis on Carbon Capture, Utilization and Storage (CCUS) and green hydrogen.
The Secretary stressed that developing countries need support in access to financing and clean technologies to help them effectively deal with the energy crisis.
The conference discussed how the COP28 United Nations Climate Change Conference in Dubai was a game changer. It also discussed the implications for energy innovation and cooperation, and managing the emerging energy trilemma trade-offs.
The roundtable meeting held on the third day of the World Energy Congress was attended by His Excellency Rob Jetton, Deputy Prime Minister and Minister for Climate and Energy Policy of the Netherlands and senior representatives from various countries and organizations.
The 26th World Energy Congress is expected to be a turning point for leadership on clean and inclusive energy transition around the world.
Based on the theme 'Redesigning Energy for People and Planet', the four-day gathering marks the World Energy Council's centenary in global energy.
The Congress seeks to explore the role of connected energy societies in driving the global energy transition.