Why Finance Climate Action? In Conversation with Bhupender Yadav

ORF PolicyPod

Every year policymakers come together to discuss the future of this planet and make resolutions to reach their target for net-zero emissions but it’s much harder for developing nations to achieve their pledge without the commitment of climate finance from developed economies. How do you define climate finance and the significance of its adaptation to reach climate finance goals? At COP26 India highlighted that developing countries would need not billions but trillions of dollars to mitigate the process and insights for technology transfer are equally crucial to fulfilling this commitment. India’s target to produce 500 gigawatts of non-fossil fuel energy and a 30 per cent cut in global methane emissions by 2030, is this goal too ambitious to achieve? India is one of the few G20 countries that has fulfilled and achieved its target as per the Paris Climate Agreement 2015 and it now seeks to charter a role in finding solutions to the global climate crisis. But can PM Modi’s 5-point “Panchamrit” model at Cop26 provide a pathway for other developing nations to accelerate and achieve their net-zero target? In conversation with Bhupender Yadav, Minister of Environment, Forest and Climate Change, India Moderator: Sunjoy Joshi, Chairman, Observer Research Foundation, India The Raisina Dialogue is a multilateral conference committed to addressing the most challenging issues facing the global community. Every year, global leaders in policy, business, media and civil society are hosted in New Delhi to discuss cooperation on a wide range of pertinent international policy matters. The conference is hosted by the Observer Research Foundation in collaboration with the Government of India, Ministry of External Affairs. #ClimateFinance #climateactions #Raisina2022 #RaisinaDialogue #ORF #orfpolicypod #India #COP26 #BhupenderYadav #sunjoyjoshi For More ORF Podcast Click Here: www.orfonline.org/podcasts/