In new role as G-20 chair, India set to focus on climate

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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.

Many of India’s big industrialists are investing heavily in renewable energy domestically as well as globally, but the Indian government is also preparing to invest in coal-based power plants at the cost of $33 billion over the next four years., India — currently the world’s third largest emitter of greenhouse gases — proposed a phaseout of all fossil fuels and repeatedly emphasized the need to revamp global climate finance.

Navroz Dubash, author of several U.N. climate reports and professor at the Centre for Policy Research, said that a key question for many countries is how “emerging economies address development needs and do it in a low carbon pathway” with several in the global south, like India, pointing to a need for outside investment.

“Developing countries are making a convincing case that green industrial policies are actually quite dependent on having public money to throw at the problems,” said Dubash. Some experts say more thanto help developing countries cut emissions and deal with the effects of a warming climate, with $1 trillion from domestic sources and the rest coming from external sources such as developed countries or multilateral development banks.

 

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Climate change bs...The planet heals itself every so often. That's what's starting to happen again

India putting climate at the head of discussion is hilarious. India and China are two of the biggest polluters on the planet amongst the G20 or anywhere

Of course they will. How else will they be the best candidate to recieve overseas money for free.

Humans still don't understand what drives climate, which is an incredibly complex, chaotic, nonlinear system, and your sentence implies understanding. Thus, it's putting superstitious actions that humans believe will favorably influence the weather gods at the top of its list.

ntesting, India is one of the worst polluters in the world 😂😂😂 How before they are standing at our door looking for a handout to clean up their 💩💩💩💩

Is it April 1st already?

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