- Home
- Current Affairs
- Current News
- India and China Refrain from Global Pledge at COP28 for Renewable Energy Goals
India and China Refrain from Global Pledge at COP28 for Renewable Energy Goals
- 05 Dec 2023
Recently, India and China, both major economies and leading coal consumers, abstained from a commitment made by 118 nations during the annual UN climate summit (COP28) to triple global renewable energy capacity and double energy efficiency rates by 2030.
Key Points
- Global Pledge at COP28: 118 nations pledged to triple the global renewable energy generation capacity to 11,000 GW and double the annual energy efficiency rate. However, India and China chose not to participate.
- India's Stance on Coal: Despite progress in non-fossil fuel energy, India refrained from committing to substantial reductions in reliance on coal-fired power plants, a crucial component of its electricity generation.
- Leeway Until 2030: India maintains flexibility for continued coal use until 2030, aligning with the G-20 Declaration's emphasis on gradual coal de-addiction.
- Economic Growth Priority: India asserts that it won't be pressured into reducing coal usage, emphasizing the need for power availability to fuel economic growth.
- The stand aligns with China, Saudi Arabia, Russia, and Iran, setting them apart from the global shift toward renewable energy.
- Paris Agreement Commitment: While committed to increasing non-fossil power capacity by 2030 under the Paris Agreement, India prioritizes lifting millions out of poverty through development, a consideration that influences its global commitments.
- Divergence from Fossil Fuel Consensus: India's position puts it at odds with the global consensus on moving away from fossil fuels.
News Crux
News Crux
News Crux
- Appointment & Resignation
- Art/Culture/Heritage
- Awards In News
- Bill/Act/Amendment
- Defence
- Defence/Military Exercises
- Famous Books
- Important Days/Weeks
- Important Decade
- Miscellaneous
- Obituary
- Organisation In News
- Persons In News
- Places In News
- Plans & Policy
- Reports/Committee/Commission
- Scheme & Programme
- Species In News
- Summit, Seminars & Conferences
- Survey/Index
- Web Portal & Apps
State In News
State In News
State In News
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Ladakh
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal