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India to Make Investments of up to $50 billion on Jal Jeevan Mission

Chander Mohan
Chander Mohan

The Prime Minister, Narendra Modi highlighted India’s plans to generate 175 gigawatts (GW) of renewable energy by 2022, and how the government has given a major push to electric mobility and mixing of bio-fuel to reduce the consumption of fossil fuels. Modi said India will make investments of up to $50 billion on its Jal Jeevan Mission to conserve water resources.

On the need to develop a comprehensive approach to combat climate change, Modi said a behavioral change is the need of the hour, which can be attained only through education and awareness.

“Need, not need greed is our guiding principle. We, in India, believe that an ounce of practice is worth more than tonnes of teaching," he said.

The global coalition for disaster-resilient infrastructure announced by Modi would comprise 33 countries which will come together to promote the resilience of infrastructure systems to climate and disaster. An interim secretariat will be established in New Delhi which will be hosted by different countries alternatively.

India is also leading a coalition on transforming industry along with Sweden to enable more industries to transition to low-carbon pathways.

Reinforcing India’s commitment to combat climate change, Prime Minister Narendra Modi on Monday announced the setting up of a major global coalition to promote setting up of disaster-resilient infrastructure in the wake of rising extreme climatic events.

“The time for talking is over. The world needs to act now," Modi said in his address to the high-level United Nations Climate Action Summit in New York.

Around 63 countries were invited for the summit that was organized by UN Secretary General António Guterres to urge them to enhance their Nationally Determined Contributions (NDCs) or their climate action plan to fulfill commitments under the 2015 Paris Agreement.

Modi was the third world leader after New Zealand Prime Minister Jacinda Ardern and President of Marshall Islands Hilda Heine to address the summit.

India has maintained that it is doing its best to mitigate and adapt to climate change, but climate finance remains a concern.

Earlier at the event, UN Secretary-General Guterre highlighted rising concerns about how the world is failing behind in its fight against climate change.

“Science tells us that on our current path, we face at least 3°C of global heating by the end of the century. The climate emergency is a race we are losing, but it is a race we can win," he said.

So far, 59 nations have signaled their intention to submit an enhanced climate action plan, and an additional nine have started an internal process to boost ambition and have this reflected in their national plans.

As per UN estimates, the world would need to increase its efforts fivefold to contain climate change to a 1.5°C rise at most. Any temperature rise beyond that would lead to major and irreversible damage.

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