{"id":213701,"date":"2022-11-09T19:47:13","date_gmt":"2022-11-09T14:17:13","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=213701"},"modified":"2022-11-09T19:48:05","modified_gmt":"2022-11-09T14:18:05","slug":"during-its-g20-presidency-india-can-be-a-voice-for-developing-world","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/during-its-g20-presidency-india-can-be-a-voice-for-developing-world\/","title":{"rendered":"During its G20 presidency, India can be a voice for developing world"},"content":{"rendered":"\n

Source<\/strong>– The post is based on the article \u201cDuring its G20 presidency, India can be a voice for developing world\u201d <\/strong>published in The Indian Express <\/strong>on 9th November 2022<\/strong>.<\/p>\n

Syllabus: <\/strong>GS2- Important international institutions<\/p>\n

Relevance<\/strong>– Global development agenda<\/p>\n

News- <\/strong>The article explains the G20 summit that will be presided by India.<\/p>\n

What should be the agenda of the G20 summit?<\/strong><\/h5>\n

Development challenges<\/strong>– The developmental agenda must receive first attention.<\/p>\n

Differences over energy diversification<\/strong> and the emerging challenges in trade and technology will need reconciliation.<\/p>\n

Stagflation<\/strong> in the US, China and Europe threatens to affect the global economic outlook. Therefore, policy coherence i<\/strong>n macroeconomics and trade is important. Supply chain<\/strong> related issues need urgent attention.<\/p>\n

Digitalisation<\/strong>– It is important to develop a consensus on an open source, open application programming interface (API) and an interoperable framework <\/strong>for public digital platforms on which the private sector can freely innovate.<\/p>\n

Climate change<\/strong>– There is a need to focus attention on climate finance. A new quantified goal beyond the existing annual $100 billion pledge by Advanced Economies to assist developing nations in climate change adaptation and mitigation<\/strong> from 2020 to 2025 is required.<\/p>\n

Clean energy<\/strong>– Clean energy related challenges should be discussed at G20. Green hydrogen <\/strong>can replace fossil fuels on an industrial scale. A viable international framework for development and international trade in GH2, together with green ammonia and green shipping is the key.<\/p>\n

The G20 could work toward an expanded and robust civilian nuclear energy cooperation framework, including for small modular reactors.<\/p>\n

Global governance<\/strong>– Multilateral institutions are perceived today as unrepresentative and ineffective<\/strong>. G20 should call for a new multilateralism and reassessment of the Global Financial Order to ensure finance for sustainable green transitions<\/strong>.<\/p>\n

What is the case for India’s leadership?<\/strong><\/h5>\n

India’s stature is rising and has a high economic growth rate.<\/p>\n

India\u2019s commitment to advancing South-South cooperation<\/strong> is well acknowledged. During the pandemic, India provided 250 million vaccine doses to 101 countries, apart from other medical assistance.<\/p>\n

India has a strong commitment to digital transformation<\/strong>. The country\u2019s exemplary success with the Unified Payments Interface, Direct Benefits Transfer and Aadhar authentication in welfare schemes has growing relevance to the developing world.<\/p>\n

The use of the CoWIN platform enhanced vaccine accessibility and equity<\/strong>. India has made a strong pitch for a TRIPS waiver to ensure equitable access to vaccine production.<\/p>\n

The country\u2019s clean energy transition and global climate mitigation efforts demonstrate the commitment of its leaders at the highest level.<\/p>\n

At the COP26 in Glasgow, Modi proposed Mission LiFE, which places individual behaviour at the centre of the global climate action narrative. Modi\u2019s \u201cPanchamrit\u201d announcements<\/strong> at COP26 established India as a climate leader.<\/p>\n

India\u2019s global initiatives in recent years such as SAGAR, blue economy, clean oceans and disaster-resilient infrastructure<\/strong> have the potential to gain traction in the G20.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source– The post is based on the article \u201cDuring its G20 presidency, India can be a voice for developing world\u201d published in The Indian Express on 9th November 2022. Syllabus: GS2- Important international institutions Relevance– Global development agenda News- The article explains the G20 summit that will be presided by India. What should be the… Continue reading During its G20 presidency, India can be a voice for developing world<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10500],"class_list":["post-213701","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/213701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=213701"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/213701\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=213701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=213701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=213701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}