India officially takes up its role as chair of the Group of 20 leading economies for the coming year Thursday and it’s putting climate at the top of the group’s priorities, reports AP.
According to experts, Programs to encourage sustainable living and money for countries to transition to clean energy and deal with the effects of a warming world are some of the key areas that India will focus on during its presidency.
Some said India will also use its new position to boost its climate credentials and act as a bridge between the interests of industrialized nations and developing ones.
The G-20, made up of the world’s largest economies, has a rolling presidency with a different member state in charge of the group’s agenda and priorities each year. Experts believe India will use the “big stage” of the G-20 presidency to drive forward its climate and development plans.
The country “will focus heavily on responding to the current and future challenges posed by climate change,” said Samir Sarin, president of the Observer Research Foundation, a New Delhi-based think tank.
Sarin said that India will work to ensure that money is flowing from rich industrialized nations to emerging economies to help them combat global warming, such as a promise of $100 billion a year for clean energy and adapting to climate change for poorer nations that has not yet been fulfilled and a recent pledge to vulnerable countries that there will be a fund for the loss and damage caused by extreme weather.
He added that India will also use the presidency to push its flagship “Mission Life” program that encourages more sustainable lifestyles in the country, which is set to soon become most populous in the world.
When outgoing chair Indonesia formally handed the presidency to India in Bali last month, Prime Minister Narendra Modi took the opportunity to promote the program, saying it could make “a big contribution” by turning sustainable living into “a mass movement.”
Bd-pratidin English/Tanvir Raihan