India to host G20 summit in 2023
“We thank Saudi Arabia for hosting a successful Riyadh Summit and its contribution to the G20 process. We look forward to our next meetings in Italy in 2021, Indonesia in 2022, India in 2023 and Brazil in 2024,” said a declaration of G20 Riyadh Summit leaders.
“We, the G20 leaders, meeting for the second time under the Saudi Presidency, stand united in our conviction that coordinated global action, solidarity, and multilateral cooperation are more necessary today than ever to overcome the current challenges and realise opportunities of the 21st century for all by empowering people, safeguarding the planet, and shaping new frontiers,” the declaration said.
“We are committed to leading the world in shaping a strong, sustainable, balanced and inclusive post-Covid-19 era,” they said in the declaration.
The leaders also extend support to the Anti-money Laundering (AML)/Counter-terrorist Financing (CFT) policy responses detailed in the Financial Action Task Force’s (FATF) paper on the Covid-19.
They reaffirmed their support for the FATF, as the global standard-setting body for preventing and combating money laundering, terrorist financing and proliferation financing.
Prime Minister Narendra Modi at the G20 Summit on Sunday asserted that for an inclusive, resilient and sustainable recovery in a post-Covid world, effective global governance is required and reformed multilateralism is the need of the hour.
At a G20 session, he also underscored the importance of the ‘2030 Agenda for Sustainable Development Goals’ aimed at “leaving no one behind”.
The prime minister said that India is following the same principle in the ‘Reform-Perform-Transform’ strategy to move forward and taking inclusive development efforts that are participative, according to a Ministry of External Affairs (MEA) statement.
With the changing situation in the wake of the Covid-19 pandemic, Modi said, India has adopted a ‘Self Reliant India’ initiative. Following this vision, based on its competence and dependability, India will become an important and reliable pillar of the world economy and global supply chains, he said.
The prime minister also underscored that for an inclusive, resilient and sustainable recovery in a post-Covid world, effective global governance is required and reformed multilateralism through improvement in character, governance and processes of multilateral institutions is the need of the hour.
The agenda of the second day of the G20 summit focused on a session on building an inclusive, sustainable and resilient future.
In a recorded message at a G-20 summit side event -- ‘Safeguarding the Planet: The Circular Carbon Economy Approach’, Modi said climate change must be fought not in silos but in an integrated, comprehensive and holistic way.
He asserted that the entire world can progress faster if there is greater support of technology and finance to developing nations.
Modi said India is not only meeting its Paris Agreement targets, but also exceeding them.
“Inspired by our traditional ethos of living in harmony with the environment, and the commitment of my government, India has adopted low-carbon and climate-resilient development practices,” he said.
The prime minister said for humanity to prosper, every single individual must prosper. “Rather than seeing labour as a factor of production alone, the focus must be on the human dignity of every worker,” Modi said.
Such an approach would be the best guarantee for safeguarding the planet, he said.
Modi said that in times of Covid-19 when everyone is focused on saving citizens and economies from the effects of the global pandemic, it is equally important to keep focus on fighting climate change.
“Climate change must be fought not in silos but in an integrated, comprehensive and holistic way,” he said and highlighted that India is not only meeting its Paris Agreement targets, but also exceeding them.
India is a signatory to the Paris Agreement under the United Nations Framework Convention on Climate Change. The Paris accord was adopted at the UN climate conference “COP 21” held in the French capital in 2015 with an aim to reduce hazardous greenhouse gas emissions.
Underlining that India has taken concrete action in many areas, Modi said the country has made LED lights popular and noted that this saves 38 million tonnes of carbon dioxide emission per year.
“Smoke free kitchens have been provided to over 80 million households through our Ujjwala Scheme. This is among the largest clean energy drives globally,” he said.
“There are efforts to eliminate single-use plastics; our forest cover is expanding; the lion and tiger population is increasing; we aim to restore 26 million hectares of degraded land by 2030; and we are encouraging a circular economy,” the prime minister said.
India is making next-generation infrastructure such as metro networks, water-ways and more, Modi said, adding that in addition to convenience and efficiency, they will also contribute to a cleaner environment.
“We will meet our goal of 175 gigawatts of renewable energy well before the target of 2022. Now, we are taking a big step ahead by seeking to achieve 450 gigawatts by 2030,” he said.
Modi also pointed out that the International Solar Alliance (ISA) is among the fastest growing international organisations, with 88 signatories.
With plans to mobilise billions of dollars, train thousands of stakeholders, and promote research and development in renewable energy, ISA will contribute to reducing carbon footprint, he said.
Modi also cited the example of the Coalition for Disaster Resilient Infrastructure (CDRI), saying 18 countries, including nine from among the G20 and four international organisations, have already joined the coalition.
The CDRI has started work on increasing resilience of critical infrastructure, he noted, and asserted that infra damage during natural disasters is a subject that has not got the attention it deserves.
The poorer nations are specially impacted by this and therefore, this coalition is important, Modi added.
Noting that this is the best time for further increasing research and innovation in new and sustainable technologies, Modi said it should be done with a spirit of cooperation and collaboration.
The prime minister thanked Saudi Arabia for hosting a successful Riyadh Summit and welcomed Italy as it takes over the G20 presidency in 2021, the MEA statement said.
It was decided that the G20 presidency will be held by Indonesia in 2022, India in 2023 and Brazil in 2024, the MEA said.
At the end of the Summit, a G20 Leaders’ Declaration was issued which called for coordinated global action, solidarity, and multilateral cooperation to overcome the current challenges and realise opportunities of the 21st century for all by empowering people, safeguarding the planet, and shaping new frontiers. PTI ASK ANB ANB ANB
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