Sajjan Jindal, Chair, B20 India Task Force on Energy, Climate Change and Resource Efficiency, outlined four key measures the world must take to mitigate climate risk and also meet Net Zero targets. Outlining the four measures revolve around clean energy, climate finance, equitable distribution and circular economy, Mr Jindal called for global collaboration to meet Net Zero targets.
The four measures:
- Global cooperation for net zero transition: The mission to embrace clean energy is universal. This is our call for a global alliance urging nations and industries to collaborate to innovate and make the next generation of clean energy a tangible reality. And it’s not just about the clean energy, it’s about a clean future for the supply chain too.
- Climate finance: Capital is the lifeline of transformation. There is a need to channelize finance towards green initiatives.
- Equitable transition toward clean energy: Move to a green future and energy security
- Circular economy: Using resources efficiently and in a sustainable manner.
“We are in a race against time navigating geopolitical challenges and energy crisis and striving to uphold our commitments under the Paris Agreement,” Mr Jindal said.