India affirms energy access as a citizen's right : Bhupender Yadav

Union Minister for Environment, Forest, and Climate Change, Bhupender Yadav, emphasized India's commitment to providing affordable and green energy to all citizens during his inaugural address at the World Sustainable Development Summit (WSDS). Yadav stated that access to energy is a fundamental right, crucial for dignified living.

He highlighted India's significant strides in renewable energy, with around 100 GW of installed electric capacity added between 2017 and 2023, of which 80% is derived from non-fossil fuel sources. Additionally, Yadav showcased India's achievements in meeting climate goals, including a 33% reduction in emission intensity of GDP ahead of schedule and achieving 44% non-fossil fuel-based electric capacity, surpassing the 2030 target.

COP29 President Mukhtar Babayev, minister of Ecology and Natural Resources, Republic of Azerbaijan, underscored the financial challenges faced by developing nations in combating climate change, estimating a need for nearly USD 6 trillion by 2030. Babayev outlined a focus on a comprehensive roadmap to triple energy capacity and double energy efficiency. He expressed dedication to securing strong commitments from nations and stakeholders to translate ambitious targets into tangible realities.

Prof Hoesung Lee, former chair of the Intergovernmental Panel on Climate Change (IPCC), stressed the urgency of limiting global warming to 1.5°C, citing the economic opportunities associated with taking additional actions. Vice President Jagdeep Dhankhar highlighted India's commitment to becoming carbon neutral by 2070 and the increasing emphasis on electric vehicles and the circular economy for sustainability.