- Recently, the Prime Minister addressed the The Energy and Resources Institute’s (TERI) World Sustainable Development Summit.
- The World Sustainable Development Summit (WSDS) is the annual flagship event of TERI. It was earlier known as Delhi Sustainable Development Summit. Instituted in 200.
- It is the only Summit on global issues, taking place in the developing world.
- It has been conceptualized as a single platform to accelerate action towards sustainable development and climate change.
- It aims to bring together global leaders and thinkers in the fields of sustainable development, energy and environment sectors on a common platform.
- TERI is a non-profit research institute.
- It conducts research work in the fields of energy, environment and sustainable development for India and the Global South.
- It was established in 1974 as Tata Energy Research Institute and renamed to The Energy Resources Institute in 2003.
- India has fulfilled its commitments by ensuring that equitable energy access to the poor remains a cornerstone of its environmental policy.
- These included initiatives such as 90 million households getting access to clean cooking fuel under the UjjwalaYojana scheme.
- And farmers being encouraged to set up solar panels under the PM-KUSUM scheme where farmers could use and sell surplus power to the grid, which would promote sustainability and equity.
- Discussed the LED bulbs distribution scheme (UJALA) that has been running for over seven years that had reportedly saved close to 220 billion units of electricity and prevented 180 billion tonnes of carbon dioxide emissions per year.
- The National Hydrogen Mission aims to tap into ‘green hydrogen’ and it was up to the academic and research institutes such as TERI to come up with scalable solutions.
- The world must work towards ensuring availability of clean energy from a world-wide grid everywhere at all times. This is the ”whole of the world” approach that India’s values stand for.
- It also urged countries to act on the basis of globally agreed rules taking into account the principles of equity and Common but Differentiated Responsibilities and Respective Capabilities (acting on climate change based on national circumstances).
- The Paris Agreement goals cannot be reached unless equity is implemented by all countries staying within their fair share of the global carbon budget.
- Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
- This most widely accepted definition of Sustainable Development was given by the Brundtland Commission in its report ‘Our Common Future’ (1987).
- Sustainable Development Goals (SDGs) are a global effort that has one major objective — achieving a better future for all.
SOURCE: THE HINDU,THE ECONOMIC TIMES,MINT