Tag: G20 india

PM Narendra Modi’s G20 Summit signoff
Business

PM Narendra Modi’s G20 Summit signoff

After the two most important announcements on Saturday — the inclusion of the African Union into the G20 club and a consensus on the New Delhi Declaration — the concluding day of the Leaders’ Summit was meant for a few bilaterals and a trip to Rajghat to pay homage to Mahatma Gandhi. On a rainy Sunday morning, the last session of the Summit didn’t have a full house at Bharat Mandapam — the scene of action for the Summit in the capital. US President Joe Biden left for his next stop —Vietnam — soon after his Rajghat outing.At the end of the session, Prime Minister Narendra Modi announced the Summit closed, and proposed a virtual G20 session in November before the presidency officially goes to Brazil.   The ceremonial transfer was, however, marked by Modi handing over th...
Global Biofuels Alliance may be a key G20 takeaway under India’s presidency
Business

Global Biofuels Alliance may be a key G20 takeaway under India’s presidency

NEW DELHI: Global Biofuels Alliance (GBA) to speed up development of a multi-system low-carbon energy pathway could be one of the key takeaways from the weekend summit of G20 leaders under India’s presidentship of the grouping. It will reinforce India’s position in the fight against climate change and mark a second India-led idea of a multilateral platform for faster transition coming to fruition.The International Solar Alliance, jointly launched in 2015 by prime minister Naredra Modi and his French counterpart Francois Hollande at the Paris COP21 was the first such idea that had catapulted India at the centre stage of climate action.On Wednesday, the Cabinet put its stamp on the GBA, comforted by the fact that 19 countries had agreed to stand with India as initiating members of GBA at th...