'Widen climate talks beyond energy issues' - Indiatimes.com
'Widen climate talks beyond energy issues' | India News - Times of India
Flagging climate change, environmental protection and energy security as among major global challenges, PM
Narendra Modi
while addressing the G7 summit on Saturday suggested broadening the discussion on climate change beyond energy issues.
"We see (and discuss) climate change only in the context of energy and therefore this is an obstacle in dealing with those challenges," said Modi in his opening statement at one of the working sessions at the summit.
He also pitched for support to developing countries in terms of technology transfer and affordable finance, saying if the nations (rich ones) don't do it the discussion around climate change would remain merely a discussion.
He emphasised on making changes in lifestyle in sync with demand of nature and noted that India has presented before the world a concept of Mission LiFE (lifestyle for environment). "Environmental commitments are not an obstacle to India's growth journey. It's a catalyst," he said while listing programmes intended to help India reach its 'net zero' emission goal by 2070.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”