Brief by Shorts91 Newsdesk / 04:21am on 03 Dec 2023,Sunday India Global
Over 118 countries, led by the US, UAE, and EU, pledged at COP28 to triple global renewable energy capacity to 11,000 GW by 2030. Notably, India refrained from signing the commitment, despite earlier support for clean energy at the G20 Summit. The pledge includes doubling energy efficiency rates but also emphasizes phasing out unabated coal power, a concern for coal-dependent nations. India defends its stance, stating dependencies and proposes extending the "phase-down of coal" to include oil and gas. Experts stress the need for additional funding for India's renewable endeavors and emphasize the country's substantial 2030 climate targets.
