Categories: Business

The International Energy Forum Praises India at Zero Zero Purpose

New Delhi: International Energy Forum (IEF), the world’s largest energy organization with 71 member countries, on Thursday praised India for announcing the aim of achieving net zero emissions in 2070.
India, aimed at increasing non-fossil energy up to 500 gigawatts ( GW), supplying 50 percent of its energy needs from renewable sources, reducing CO2 emissions with one billion tons, and cutting carbon intensity by 45 percent.
Secretary General of IEF Joseph McMonigle praised India to announce a zero zero goal at the UN COP26 climate change conference in the UK, said the agency in a statement.
Prime Minister Narendra Modi told the delegation at the conference at Glasgow that India would reach zero zero target in 2070.
“I praised Prime Minister Narendra Modi …
to present an ambitious nallest zero target and renewable energy purpose at the COP26 conference,” McMonigle said .
He said he was looking forward to working with Indian energy ministers to support state policies and plans to achieve goals.
In COP26, Modi reaffirmed its attitude that the industrial world must support developing countries by increasing more money to accelerate shifts into energy.
“This is India’s expectations that world-developed countries produce $ 1 trillion as climate financing as soon as possible,” he said.
IEF member countries contributed 90 percent of the global energy market.
IEF is a home global energy dialogue that promotes energy security, market stability, and transparency in transition to sustainable and inclusive future.

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