New Delhi: India around the world remains the most trusted partner in the world characterized by geopolitical uncertainties, said Bhupender Yadav, Minister of Departments of the Environment, Forest and Climate Change.
Trust is attributed to Indian political stability, visionary leadership, cultural values and a strong commitment to a sustainable future, the minister said.
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Yadav described the “Indian story” and portrayed it as a mixture of tradition and transformation; democracy and development; and compassion and assertiveness. He stressed that the essence of the story of India is that it always maintains India first.
The Minister emphasized that India recognizes the challenges represented by climate change and is determined to build resistance through adaptation strategies. Based on a special session at the “India for climate policy: the way for developing economies”, the leaders of industry called on the building of the independent circular economy, a special session in the “Indian climate policy: the way for developing economies”. The emerging economy (CII) to actively participate in building a separate circular economy ”at a special meeting.
He invited them to join the coalition for the efficiency of the sources and coalition of the circulatory economy, which was launched within the Indian Presidency of the G20, as a cooperation platform that facilitates sharing knowledge and sustainable procedures.
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Yadav outlined three pillars of Indian unique architecture of climate policy for the alignment of developmental imperatives of developing economies with ambitious climatic goals.
First, a separate circular economy. He stated that the government introduced instructions for extended responsibilities of producers (EPR) for various sectors, including tires, batteries, plastic and electronic waste, to support recycling and sustainable consumption. Between 2022 and 2024, the investment recycling sector attracted £10 000 crore, reflecting industry commitment to sustainable procedures. It is assumed that by 2050 the circular economy industry will be $ 2 trillion and creates approximately 10 million jobs.
The second driver he mentioned protected natural ecosystems and strengthened resistance. He added that under the leadership of Prime Minister Narendra Modi, India Mission Life (Lifestyle for Environment) and the national campaign “EK Ped Maa K Naam”, an initiative focused on environmental protection. The introduction of the rules of green loans according to the life of the mission motivates voluntary steps to protect the environment and supports the culture of sustainability.
The third driver supported the adaptation and building of climate resistance.
India acknowledges the challenges represented by climate change and is determined to build resistance through adaptation strategies. The government has published a draft framework of taxonomy of climate financing and outlined methodologies for classifying activities in adaptation and mitigation.
In addition, the development of the first National Adaptation Plan to be presented to the UN Framework Convention on Climate Change (UNFCCC) focuses on strengthening adaptive capacity, strengthening knowledge systems and decreased climate risk exposure.
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