Green credit, mention of the challenge of climate change, emphasis on One Earth, what were the big proposals of PM Modi in the G-20 summit

The G20 inducted a new permanent member, the African Union, at the New Delhi summit today. Prime Minister Narendra Modi inaugurated the two-day event, talking about human-centred development and the need to reduce the trust deficit in global supply chains that resulted from the Covid-19 induced pandemic. He also assured all possible assistance to Morocco, where an earthquake this morning claimed hundreds of lives. ‘India’ is written on Modi’s country card at the summit. Prime Minister Narendra Modi opened the inaugural session of the G20 summit and talked about a human-centred approach to development. He also mentioned how the COVID-19 induced pandemic has created a confidence deficit in the global economy and urged the G20 members to work together to bridge the gap.

Human Centric Approach

Turmoil in the global economy, divide between North and South, distance between East and West, management of food, fuel and fertilizer, terrorism and cyber security, health energy and water security, present as well as future For generations, we must move towards concrete solutions to these challenges. This time of 21st century is an important time to show new direction and give new direction to the whole world. This is the time when age-old challenges are demanding new solutions from us. Therefore, we have to move forward by fulfilling all our responsibilities with a human centric approach.

Emphasis on human centered development

The need to pursue human-centred development was highlighted, which has always been emphasized by Indian culture. He further said that it is with the spirit of an earth that India has worked on initiatives like the Life Mission. Has insisted on the International Year of Millet, launched the Green Grid initiative. One Sun, One World, One Grid, harnessed solar energy, natural farming and National Green Hydrogen Mission encouraged.

Start of work on Green Credit Initiative

Prime Minister Modi said that keeping the environment in mind, the discussion on carbon credit has been going on for decades. Carbon credits emphasize what should not be done. This is a negative attitude. Because of this, attention is often not given to what positive steps should be taken. There is a lack of incentive system for positive steps. Green credit shows us the way to this. To promote this positive thinking, I propose that the G20 countries begin work on a Green Credit Initiative.