India is a “good example” as photo voltaic auctions have seen reputation, UN Chief Antonio Guterres mentioned.
United Nations:
India is a “good example” as photo voltaic auctions have seen reputation amidst the peak of the COVID-19 pandemic, UN chief Antonio Guterres mentioned on Thursday, underlining that renewable power is the one power supply anticipated to develop in 2020 and affords extra jobs than the fossil gas trade.
In his remarks to the International Energy Agency “Clean Energy Transition Summit”, UN Secretary-General Guterres urged the international community to commit to further usage of coal and to end all external financing of coal in the developing world.
“Coal has no place in COVID-19 restoration plans. Nations should decide to net-zero emissions by 2050 and submit extra bold nationwide local weather plans earlier than COP-26 subsequent yr,” he said.
“The seeds of change are there. Renewable power is the one power supply anticipated to develop in 2020. Solar auctions have seen reputation amidst the peak of the pandemic. India serves as a superb instance. Renewables provide thrice extra jobs than the fossil gas trade,” Mr Guterres said.
Last month, Adani Green Energy said it has bagged the first of its kind manufacturing-linked solar contract worth Rs 45,000 crore from the Solar Energy Corporation of India (SECI) to develop 8 GW electricity generation capacity and 2 GW equipment manufacturing facility in the country.
Mr Guterres said he has asked all countries to consider six climate positive actions as they rescue, rebuild and reset their economies.
“We have to make our societies extra resilient. We want inexperienced jobs and sustainable development,” he said, adding that bailout support to sectors such as industry, aviation and shipping should be conditioned on alignment with the goals of the Paris Agreement.
Countries also need to stop wasting money on fossil fuel subsidies and place a price on carbon, he said, noting that countries need to consider climate risk in their decision making.
“Every monetary resolution should take account of environmental and social impacts. Overall, we have to work collectively,” he mentioned.
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