New Delhi: India hopes that the UAE’s COP28 will increase efficient motion on local weather change, Prime Minister Narendra Modi advised UAE primarily based Aletihad in an interview on Thursday. The two international locations are working intently collectively on this essential space, guided by a forward-looking imaginative and prescient, PM Modi stated. He added that India and the UAE, who’ve sturdy and lasting ties, can collaborate in establishing a standard grid to enhance power safety, utilizing their respective benefits within the power sector, and supporting the International Solar Alliance’s Global Solar Facility.
“India and the UAE are partners in creating a greener and more prosperous future, and we are committed to our joint efforts to shape the global dialogue on climate action,” the Prime Minister stated throughout his go to to the UAE, his sixth go to to the nation since turning into Prime Minister.
India and the UAE share a imaginative and prescient of selling sustainability and renewable power, and have turn into leaders in international renewable power initiatives, PM Modi stated. He praised the UAE’s constant dedication to local weather motion within the renewable power sector.
Securing Adequate Climate Financing
On the difficulty of local weather finance, the Prime Minister stated that he has all the time confused that local weather change is a standard problem that requires a joint international response.
“It is important to acknowledge that developing countries are not responsible for creating the problem. Yet developing countries are ready to be part of the solution,” the Prime Minister stated.
“But, they cannot contribute without access to the financing and technology needed… I have therefore strongly advocated for global cooperation to ensure adequate climate financing and technology transfer,” he stated, emphasising the necessity to make sure that local weather financing reaches the growing world in a sensible and dependable manner.
“India and the UAE are partners in creating a greener and more prosperous future,” PM Modi
“I believe climate action must be based on equity, climate justice, shared obligations and shared capacities. By following these principles, we can pave the way for a sustainable future that leaves no one behind,” the Prime Minister added.
He confused that as nations pursue local weather motion, “we must ensure that development priorities of the Global South are not compromised”.
“I am glad that during the recent New Delhi G20 Summit, this aspect has been properly addressed, including through a recognition of the need to quickly and significantly increase investment and climate finance from billions to trillions of dollars globally from all sources,” PM Modi famous.
The fulfilment of commitments of developed international locations to offer technological and monetary help to growing international locations must be a precedence at COP28, he confused, including that greater ambitions on local weather motion should be matched by progress on local weather finance.
“At COP28, we hope to see credible progress on the New Collective Quantified Goal (NCQG) on Climate Finance,” he stated.
Active Collaboration
The two international locations cooperate throughout the whole power spectrum, with a powerful deal with sustainability, based on Modi.
“Our lasting relationship is based on multiple pillars, and the vitality of our ties is expressed by our Comprehensive Strategic Partnership… We are particularly happy that UAE is hosting COP28, and I congratulate the Government and people of the UAE on this special occasion,” the Prime Minister stated.
“I had the chance to visit the UAE in July this year, during which my brother, President His Highness Sheikh Mohamed bin Zayed, and I had extensive discussions in which the issue of climate change featured prominently,” he stated.
