Major Economies Forum on Climate and Energy Meets

What is the News?

The Union Minister for Environment, Forest and Climate Change has represented India at the virtual meeting of the Major Economies Forum on Energy and Climate(MEF).

What is the Major Economies Forum on Energy and Climate(MEF)?

Launched in: 2009 by US President Barack Obama.

Aim: To facilitate candid dialogue among major emitting countries, both developed and developing, to garner the political leadership needed to advance efforts against climate change.

What was the purpose of the MEF 2022 meeting?

Purpose: To galvanize actions (both developed and developing countries) to strengthen energy security and tackle the climate crisis thereby building momentum for COP27.

Participating Countries: The meeting was attended by countries namely: Australia, Canada, China, Egypt, the European Commission, France, Germany, India, Saudi Arabia, Turkey, the United Arab Emirates among others.

Key Takeaways from India’s address at MEF 2022

​​India has already installed 159 GW of non-fossil fuel-based electricity generation capacity.

During the last 7.5 years, India’s installed solar energy capacity has increased over 18 times.

India’s annual per capita emissions are only a third of the global average and its cumulative GHG emissions are less than 4 percent.

India’s Panchamrit goals are being fructified through one of the largest clean energy development plans in the world.

India is on track to meet its commitments, through the adoption of low carbon policies across key sectors of our economy ranging from the green hydrogen mission to e-mobility.

Source: The post is based on the article “Major Economies Forum on Climate and Energy Meets” published in PIB on 18th June 2022.