Lagatar24 Desk
Bali, Nov 15: Calling India’s energy security important for global growth, PM Modi said that on Tuesday it is the world’s fastest-growing economy.
“India’s energy security is also important for global growth, as it is the world’s fastest-growing economy. We must not promote any restrictions on the supply of energy and stability in the energy market should be ensured. India is committed to clean energy and the environment,” PM Modi said while addressing the G20 working session on Food and Energy Security.
“India is committed to clean energy and environment. By 2030, half of our electricity will be generated from renewable sources. Time-bound and affordable finance and sustainable supply of technology to developing countries is essential for inclusive energy transition,” he added.
Additionally, PM Modi stated that India will endeavour to achieve a global agreement on all of these concerns while holding the G-20 presidency.
We have to find a way to return to the path of the ceasefire” in Kyiv, PM Modi said earlier in the speech, reiterating India’s long-standing support for discussion and diplomacy in Ukraine.
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PM Modi also said, “Over the past century, the Second World War wreaked havoc in the world. After that, the leaders of that time made a serious effort to take the path of peace. Now it’s our turn. The onus of creating a new world order for the post-Covid period lies on our shoulders. The need of the hour is to show concrete and collective resolve to ensure peace, harmony and security in the world.”
Invoking India as the “holy country of Buddha and Gandhi,” Prime Minister Modi expressed his confidence that the G20 members will all agree to send a clear message of peace to the globe at their meeting the following year.
In the opening of his speech, PM Modi praised Indonesia for its G-20 leadership in the face of difficult global conditions. The Covid pandemic, the developments in Ukraine, and the attendant global issues, he said, have all wreaked devastation on the planet.
