India's Opportunity in Clean-Tech: Amitabh Kant's Call for Transformation
Key Ideas
  • Amitabh Kant emphasizes India's potential in clean-tech manufacturing to accelerate economic growth and reduce dependence on imports, particularly from China.
  • He highlights the need for developed nations to fulfill financial commitments for climate action, criticizing the lack of support for developing countries.
  • Kant urges India to lead in areas like solar energy, green hydrogen, batteries, and electric vehicles to exceed 500 GW of renewable energy capacity by 2030.
  • Concerns are raised about governance failures in Delhi contributing to pollution, with a call for stricter actions against industries and biomass burning.
Amitabh Kant, India's G20 Sherpa and former Niti Aayog CEO, has called for India to seize the opportunity in clean-tech manufacturing to transform the nation's economy. Kant highlighted the importance of replicating India's success in fintech to areas like solar energy, green hydrogen, batteries, and electric vehicles. He warned about the risk of India becoming dependent on imports, particularly from China, if the clean-tech manufacturing opportunity is missed. Kant also criticized developed nations for failing to provide adequate financial support for climate action in developing countries, emphasizing the need for fulfilling commitments to address climate change. He stressed the significance of India exceeding 500 GW of renewable energy capacity by 2030 and becoming a leader in technological disruptions. Additionally, Kant raised concerns about governance failures in Delhi contributing to pollution, including the need for stricter actions against industries and biomass burning. The article also touches on the lack of funding from developed countries, impacting the climate goals of developing nations, and the challenges faced in meeting climate targets without sufficient support.
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