At 4.3 per cent Compounded Annual Growth Rate (CAGR), India is the fastest growing energy consuming nation, he said.
New Delhi: Prime Minister Narendra Modi today said India’s rapid economic growth will emerge as a key driver of the rise in global energy demand over the next quarter century amid fundamental transformations in the global energy landscape.
The International Solar Alliance (ISA), jointly launched by India and France at the UN Climate Change Conference over two years ago, is set to turn to the sun to brighten its future with Prime Minister Narendra Modi and French President Emmanuel Macron co-chairing its founding conference in the national capital on Sunday.
Together, energy efficiency and renewable energy will need to deliver more than three quarters of the emission reductions needed in the next decades to reach global climate targets. To achieve this goal, these technologies will need to be deployed much faster than they are now, requiring a more integrated approach between energy efficiency and renewables.
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