India says BRICS countries should explore cooperation in solar energy, climate resilience By Saur News Bureau/ Updated On Mon, May 23rd, 2022 Highlights : Bhupender Yadav said that existing BRICS initiatives can also contribute towards promoting sustainable and low-carbon development. The Minister also stated that BRICS led initiatives should be country-driven and voluntary in approach, and underlined the need for international cooperation and multilateralism. Sri Lanka to Witness its First PV Auction with 200 MW Floating Solar Tender Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for the conservative net zero targets. While Brazil, Russia and China have set a 2060 target for net zero, India has set a target of 2070. South Africa, the smallest country in the grouping, has set itself a 2050 target. The Minister had participated in the 8th BRICS Environment Ministers Meeting virtually being conducted under the presidency of China. The theme of the meeting was ‘Foster High-Quality BRICS Partnership, Usher in a New Era for Global Development.’ Ministers and delegates from Brazil, Russia and South Africa also participated in the meeting. Bhupender Yadav mentioned about the significance and important role of the BRICS Nations while combating the global environmental and climate change challenges. During the discussion on ‘Join Hands to Facilitate Green and Low-carbon Development,’ the Minister stated that existing BRICS initiatives can also contribute towards promoting sustainable and low-carbon development. Solar energy, industry transition, infrastructure and climate resilience are areas where BRICS countries may explore cooperation. The minister highlighted the historical responsibility of developed countries for consuming the carbon budget; equity at all scales in climate action and sustainable development; lifestyle and curbing unsustainable consumption, in mitigating climate change; Common but Differentiated Responsibilities and Respective Capabilities; national circumstances and priorities; Climate Justice; and fulfilment of commitments made by the developed countries on climate finance and transfer of technology. As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls Also Read Highlighting India’s climate actions, Bhupender Yadav also stated that BRICS led initiatives should be country-driven and voluntary in approach, and underlined the need for international cooperation and multilateralism. A subsequent joint statement was adopted by the BRICS member countries. China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Also Read India’s INDC India has set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. India’s Intended Nationally Determined Contribution (INDC) aims to base 40% of the total installed power generation capacity on non-fossil fuel resources by 2030 with international support on technology transfer and financing. This includes India’s ambitious target of achieving 175GW of RE by the year 2022 that marks 75 years of India’s independence. Tags: 8th BRICS Environment Ministers Meeting, Bhupender Yadav, BRICS, carbon budget, climate action, climate change, Common but Differentiated Responsibilities, Join Hands to Facilitate Green and Low-carbon Development, sustainable development, Usher in a New Era for Global Development