Brief by Shorts91 Newsdesk / 06:01pm on 02 Dec 2023,Saturday India Global
India and China, despite earlier endorsements, refrained from formally supporting the COP28 pledge to triple global renewable energy capacity by 2030. The ambitious initiative, backed by 118 countries, aims to reduce reliance on fossil fuels. India's decision, previously championed during its G20 presidency, disappoints experts who stress the importance of transitioning away from fossil fuels for net-zero commitments. While India exhibits serious ambitions for renewable energy, concerns arise over the silence on coal phase-down. Analysts call for additional funding support to achieve India's renewable goals, emphasizing the transformative impact on various sectors.
