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India News: External affairs minister S Jaishankar underscored the significance of India's G20 presidency in the adoption of the unanimously agreed New Delhi Decl
Partnerships between governments, private sector and multilateral institutions are essential
During our G20 Presidency, India led deliberations on geopolitical issues and their impact on economic growth and development.
At the climate change talks, India will have an interesting stance. The country is looking to build on the G20 outcomes on climate change — focusing on tripling global renewable capacity and an annual climate finance of USD4 trillion that developing nations will be needed for energy transition. However, it is unlikely to commit to coal phasedown pledges.
India clearly has the potential to become a global norm-shaper but it’s also crucial for various commitments made in the New Delhi Declaration by G20 leaders to be met in a timely manner.