Blitz Bureau
NEW DELHI: Commerce and Industry Minister Piyush Goyal said that India is among the globally best performing countries in climate action and having already achieved its renewable energy target eight years ahead of schedule, it is now aiming for a 500 GW clean energy capacity by 2030.
In his keynote address at the ‘Advancing Resilience with Climate Change’ dialogue here on April 29, the minister highlighted India’s strong performance in achieving Intended Nationally Determined Contributions (INDCs) as it has been consistently ranking among the top 1–3 countries in the G20.
He pointed out that the earlier plan was for 20 gigawatts of solar capacity over 9-10 years, but after the Narendra Modi Government assumed office in 2014, this was scaled up to 100 gigawatts and achieved within time. India has now set an ambitious target of 500 gigawatts of clean energy capacity by 2030, he added.
Recalling India’s leadership at the Paris COP21, Goyal said that under the leadership of PM Modi, India brought together developed, developing, and less developed countries to arrive at a consensus-based outcome that allowed flexibility for nations to define their own targets.
Highlighting India’s growing global economic engagement, he stated that multiple countries and regions are in active dialogue with India on trade and economic partnerships. He noted that engagements are underway with another 12 countries and regions.
Stressing the link between good economics and good outcomes, Goyal noted that India’s growth story and policy approach have gained global recognition. He underscored the importance of providing an enabling economic environment with ease-of-doing business and ease-of-living, supported by innovation, startups, and emerging technologies.
