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The G20 must move towards concrete solutions for current global challenges, PM Modi says
The 21st century has the potential to give a new direction to the entire world, Prime Minister Modi said at the G20 Summit in New Delhi on Saturday (September 9, 2023).
"It's a time when years old challenges demand new solutions from us. Therefore, we must move forward by fulfilling all our responsibilities with a human-centric approach," he stated in his opening remarks at the G20 Delhi Summit.
Prime Minister Modi said the G20 must move towards concrete solutions for challenges like a turbulent global economy and managing the availability of food, fuel, and fertilizers. In this context, he also referred to the need to bridge the North-South divide, dealing with terrorism and cybersecurity, and ensuring energy and water security.
In his remarks, Prime Minister Modi also spoke about the "huge crisis of lack of trust" Covid-19.
"Conflict has deepened this trust deficit. Just as we can overcome Covid, we can also overcome this crisis of mutual trust. Today, as the President of the G-20, India invites the entire world to come together and, first and foremost, transform this Global Trust Deficit into global trust and confidence," Prime Minister Modi said.
Later, speaking at Session 1 of the G20 Delhi Summit, he referrred to the challenge of climate change and said that energy transition was a significant need of the 21st century world. "Trillions of dollars are required for an inclusive energy transition. Naturally, developed countries play a very crucial role in this," he pointed out.
"Spoke at Session 1 of the G20 Summit on the subject of One Earth. Highlighted the need to further human centric development, which is also something Indian culture has always emphasised on.
It is with a spirit of One Earth that India has worked on initiatives such as LiFE Mission, emphasised on International Year of Millets, launched Green Grids Initiative - One Sun, One World, One Grid, harnessed solar power, encouraged natural farming and the National Green Hydrogen Mission," Prime Minister Modi wrote on X (formerly Twitter).
INDIA LAUNCHES GLOBAL BIOFUEL ALLIANCE
During his address, he stated all the countries of the Global South, including India, were pleased that developed countries have taken a positive initiative this year, in 2023.
"Developed countries have expressed their willingness to fulfill their commitment of 100 billion dollars for climate finance for the first time. By adopting the 'Green Development Pact,' G-20 has also reaffirmed its commitments to sustainable and green growth," he said.
"Today, we are launching the Global Biofuel Alliance. India invites all of you to join this initiative," Prime Minister Modi announced.
Highlighting the spirit of collective effort, Prime Minister Modi went on to make the following suggestions to the gathering of G20 leaders.
1. All countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20 percent.
2. Alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security.
3. Green Credit shows us the way forward. To promote this positive thinking, I propose that G-20 countries start working on a 'Green Credit Initiative.'
4. The climate and weather data obtained Chandrayaan-3 (India's moon mission) will be shared with all the countries, especially the countries of the Global South. India invites all G-20 countries to join this initiative.
"It's a time when years old challenges demand new solutions from us. Therefore, we must move forward by fulfilling all our responsibilities with a human-centric approach," he stated in his opening remarks at the G20 Delhi Summit.
Prime Minister Modi said the G20 must move towards concrete solutions for challenges like a turbulent global economy and managing the availability of food, fuel, and fertilizers. In this context, he also referred to the need to bridge the North-South divide, dealing with terrorism and cybersecurity, and ensuring energy and water security.
In his remarks, Prime Minister Modi also spoke about the "huge crisis of lack of trust" Covid-19.
"Conflict has deepened this trust deficit. Just as we can overcome Covid, we can also overcome this crisis of mutual trust. Today, as the President of the G-20, India invites the entire world to come together and, first and foremost, transform this Global Trust Deficit into global trust and confidence," Prime Minister Modi said.
Later, speaking at Session 1 of the G20 Delhi Summit, he referrred to the challenge of climate change and said that energy transition was a significant need of the 21st century world. "Trillions of dollars are required for an inclusive energy transition. Naturally, developed countries play a very crucial role in this," he pointed out.
"Spoke at Session 1 of the G20 Summit on the subject of One Earth. Highlighted the need to further human centric development, which is also something Indian culture has always emphasised on.
It is with a spirit of One Earth that India has worked on initiatives such as LiFE Mission, emphasised on International Year of Millets, launched Green Grids Initiative - One Sun, One World, One Grid, harnessed solar power, encouraged natural farming and the National Green Hydrogen Mission," Prime Minister Modi wrote on X (formerly Twitter).
INDIA LAUNCHES GLOBAL BIOFUEL ALLIANCE
During his address, he stated all the countries of the Global South, including India, were pleased that developed countries have taken a positive initiative this year, in 2023.
"Developed countries have expressed their willingness to fulfill their commitment of 100 billion dollars for climate finance for the first time. By adopting the 'Green Development Pact,' G-20 has also reaffirmed its commitments to sustainable and green growth," he said.
"Today, we are launching the Global Biofuel Alliance. India invites all of you to join this initiative," Prime Minister Modi announced.
Highlighting the spirit of collective effort, Prime Minister Modi went on to make the following suggestions to the gathering of G20 leaders.
1. All countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20 percent.
2. Alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security.
3. Green Credit shows us the way forward. To promote this positive thinking, I propose that G-20 countries start working on a 'Green Credit Initiative.'
4. The climate and weather data obtained Chandrayaan-3 (India's moon mission) will be shared with all the countries, especially the countries of the Global South. India invites all G-20 countries to join this initiative.
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