Page 10 - G20 Meeting

Facilities at Bharat Mandapam to promote conference tourism: MICE industry

Facilities at the world-class convention centre - Bharat Mandapam - in the heart of the national capital will help promote conference tourism and growth of the MICE industry in the country, a top government official said on Friday. Prime Minister Narendra Modi on July 26 unveiled the International Exhibition-cum-Convention Centre (IECC)) complex at Pragati Maidan. He named the 123-acre complex, that will host the G20 Summit in September, Bharat Mandapam. It is India's largest MICE (Meetings, Incentives, Conferences, and Exhibitions) destination. Briefing media about the complex, Commerce Secretary Sunil Barthwal said that after the G20 meetings, the facilities here would help in promoting "conference tourism and that is an important tourism for us". "After September, this venue will be available for different public programmes," he told reporters. In terms of the covered space available for events, the complex finds its place among the top exhibition and convention complexes in th

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Upcoming G20 Summit in New Delhi critical for climate action: Guterres

The upcoming G20 Summit in New Delhi and the UN Climate Summit during the high-level General Assembly session are among the critical opportunities ahead for accelerated action on climate change, UN chief Antonio Guterres said as he warned that the world has moved from the era of global warming into that of global boiling. As the World Meteorological Organisation and the European Commission's Copernicus Climate Change Service released official data confirming that July 2023 is set to be the hottest month ever recorded in human history, UN Secretary-General Guterres said humanity is in the hot seat. Guterres said that for vast parts of North America, Asia, Africa and Europe it is a cruel summer but it is a disaster for the entire planet. Climate change is here. It is terrifying. And it is just the beginning. The era of global warming has ended; the era of global boiling has arrived. The air is unbreathable. The heat is unbearable. And the level of fossil fuel profits and climate ...

India to host mega-event in redeveloped ITPO complex in Pragati Maidan

The newly built facility --- International Exhibition-cum-Convention Centre (IECC) -- aims to promote India as a global business destination

G20's dialectic deadlock: India is treading the path carefully, tactfully

Widely differing positions on Russia-Ukraine war have created a nightmare for Indian diplomats struggling to arrive at an agreeable language for the joint communique ahead of G20 leaders' summit

US Special Envoy on climate change Kerry to travel to New Delhi, Chennai

US President's Special Envoy for Climate John Kerry will travel to New Delhi and Chennai from July 25 to 29, an official statement said on Monday. The purpose of the presidential envoy's visit is to advance shared objectives on climate and clean energy, including mutual efforts to build a platform for investments in renewable energy and storage solutions, support the deployment of zero-emission buses, and diversify clean energy supply chains, the State Department said. In New Delhi, Kerry will meet senior government officials. In Chennai, he will attend the G20 Environment and Climate Sustainability Ministers Meeting, the statement said.

G20 bloc fails to reach agreement on cutting fossil fuels after objections

The G20 member countries together account for over three-quarters of global emissions and gross domestic product, and a cumulative effort by the group to decarbonise is crucial

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Need to skill our workforce in use of advanced technologies: PM Modi

Prime Minister Narendra Modi on Friday said there is a need to skill the workforce in the use of advanced technologies and processes. Addressing the G20 Labour and Employment Ministers' Meeting at Indore via video link, Modi also said that globally, mobile workforce is going to be a reality. We all need to skill our workforce in the use of advanced technologies and processes. Skilling, re-skilling and upskilling are the mantras for the future workforce. In India, our Skill India Mission is a campaign to connect with this reality, Modi said. "Globally, mobile workforce is going to be a reality in the future. Therefore, it is now time to globalise the development and sharing of skills in the true sense. The G20 must play a leading role in this, he said. Modi lauded the efforts of the meeting participants for initiating the international referencing of occupations by skills and qualifications requirements. The amazing work done by frontline health and other workers in India during ..

Convergence among G20 members on key issues except Ukraine conflict: MEA

India on Thursday said there has been high degree of convergence among the G20 nations on all key developmental issues but differences persist on the Ukraine conflict. The comments by External Affairs Ministry Spokesperson Arindam Bagchi came days after the G20 Sherpas held extensive deliberations on the draft leaders' declaration at a three-day meeting in Karnataka's Hampi. The aim of the third Sherpas' meeting under India's G20 presidency was to give shape to the leaders' declaration to be adopted at the New Delhi summit of the grouping in September. There have been sharp differences among the Russia-China combine and the Western countries over the text to describe the Ukraine crisis. At a media briefing, Bagchi said the Sherpa meeting was "very constructive". He said there have been differences on paras relating to the conflict in Ukraine but largely there is "high degree of convergence" among the participants on all other issues and that is a "very positive thing". "I would n

G20 Energy Transitions Group takes note of Green Hydrogen Innovation Centre

The G20 Energy Transitions Working Group meeting in Goa took note of the Green Hydrogen Innovation Centre and Global Biofuel Alliance proposed by India, a senior government official said here on Thursday. Union power secretary Pankaj Agarwal, who chaired the meeting, told reporters that there has been significant convergence on hydrogen-related issues. The working group has taken note of the Green Hydrogen Innovation Centre proposed by India and the Global Biofuel Alliance proposed to be launched by India, he said. The meeting will conclude later in the day. There has been substantive meeting of minds on low-cost financing for energy transition. The Working Group has taken note of the voluntary action plan proposed by India for doubling of pace of energy efficiency by the year 2030, he said. The ETWG meeting witnessed proactive engagement from more than 115 delegates representing G20 member countries and nine invitee countries, Agarwal said. The discussions centered around critic

Implement food waste prevention programmes for food security: Amitabh Kant

India G20 Sherpa Amitabh Kant on Thursday made a strong case for food waste prevention programmes globally to reduce food insecurity and mobilise private funding for research in sustainable agriculture. Kant was addressing the maiden Global Food Regulators Summit 2023 here. "This is the first time a meeting of this nature is being held during India's G20 presidency. We feel strongly that locally adapted crops are significant for the transition towards resilient agriculture and food systems," he said. To strengthen research, collaboration and public awareness of green crops, the G20 in its agriculture ministerial meeting, launched millet and other ancient grains international research initiative called Maharishi. The former bureaucrat said the world is passing through a critical time as one-third of the world is in recession, and 75 countries of the world are facing a global debt crisis. Also, there is a major crisis of food, fuel and fertiliser in several countries. "The need of t

Investment in renewable energy concentrated in developing countries: Expert

While huge amount of investment is occurring in the renewable energy sector, a large proportion of it goes to developing countries and the rest of the world get hardly any fund, Ajay Mathur, Director General of International Solar Alliance, said on Thursday. Talking to PTI at the sidelines of an event during G20 fourth Energy Transitions Working Group meeting, Mathur said that the net zero emission target is possible. "We see a huge amount of investment occurring in renewable energy in general and solar in particular. In 2022, the investment in renewable area was approximately 500 billion dollars of which half was in the solar," he said. Mathur said, "The problem is that the vast amount of this money went to the countries like China and large emerging developing countries while rest of the world, hardly got anything." He said that the investment in Africa (African continent) for example was less than 5 per cent. Mathur said that the investment is "extremely differentiated, it is n

G20 mediators plan a dozen meetings to find common ground on war language

New Delhi is trying to find consensus ranging from the debt crisis and the African Union's membership to G-20 and reform of multilateral development banks

G20 Energy Transitions Working Group's fourth meeting begins in Goa

Nearly 100 delegates from G20 member countries, special invitees and several international organisations are participating in the fourth Energy Transitions Working Group (ETWG) meeting which began in Goa on Wednesday. There are six priority areas outlined under India's G20 Presidency, reflecting India's focus on various aspects of energy transition and building global cooperation toward sustainable and clean energy development, an official said. The two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa's capital Panaji. Ministry of New and Renewable Energy secretary Bhupinder Singh Bhalla, Ministry of Mines secretary Vivek Bharadwaj, Ministry of Coal secretary Amrit Lal Meena are also participating in the deliberations, the official said. The priority areas for discussions include energy transitions through addressing technology gaps, low-cost financing for energy transitions, energy security and .

G20 Energy Transitions Working Group meet to begin in Goa on Wednesday

Over 100 delegates from G20 countries will participate in the two-day Energy Transitions Working Group (ETWG) meeting beginning on Wednesday in Goa to deliberate on building global cooperation toward sustainable and clean energy development. The 4th ETWG meeting under India's G20 presidency will be chaired by Union Power Secretary Pawan Agarwal, a power ministry statement said. Union New & Renewable Energy Secretary Bhupinder Singh Bhalla, Union Mines Secretary Vivek Bharadwaj and Union Coal Secretary Amrit Lal Meena, will also be part of the meeting. There are six priority areas outlined under India's G20 presidency. These are -- energy transitions through addressing technology gaps; low-cost financing for energy transitions; energy security and diversified supply chains; energy efficiency, industrial low carbon transitions, and responsible consumption; fuels for Future (3F); and universal access to clean energy and just, affordable, and inclusive energy transition pathways. The

RBI puts up Innovation Pavilion at third meeting of G20 FMCBG meeting venue

The Reserve Bank has put up a stall at the venue of third meeting of G20 finance ministers and central bank governors (FMCBG) here, showcasing its recent innovation initiatives relating to pilot on Frictionless Credit' and Central Bank Digital Currency'. Set up at Mahatma Mandir Convention Centre, the Innovation Pavilion' also features an informative video explaining the various facets of these two initiatives. As part of the Frictionless Credit', an experience centre has been set up to give a real-life feel of the transformational Digital Kisan Credit Card (KCC) and Digital Dairy journey, RBI said in a statement. The digital KCC showcases how the digitized land record data can be used to sanction and disburse the loan in a completely digitized and paperless manner without the farmer having to visit the bank branch, it said. The digital journey includes opening of accounts through e- KYC, accessing digitized land records of State Government, credit bureau scores and other necessar

Treasury Secy Yellen hopes to build on US-China thaw at India G20 gathering

After Yellen held landmark talks in Beijing July 6-9, she's now in Gandhinagar, India, for a gathering of finance ministers and central bank governors from Group of 20 countries

Nations support India's efforts to have strong outcome at G20: Amitabh Kant

Top negotiators of G20 nations complimented New Delhi's efforts to deliver "strong outcomes" at the grouping's upcoming summit to deal with key global challenges such as addressing financing gaps, pushing economic growth and ensuring sustainable development, India's G20 Sherpa Amitabh Kant said on Saturday. He also described the ongoing discussions at the third Sherpas' meeting in this heritage city as a "very huge success" and that the negotiators were supportive of priorities of the Indian presidency of the G20. Talking to the media, Kant said the negotiators deliberated on challenges such as debt vulnerabilities, making multilateral institutions more responsive to the needs of developing countries and ensuring progress on the sustainable development goals. "India has put forward multiple key proposals in front of the G20 countries with a view to shaping the global agenda and response to the crisis and challenges being faced by the world," Kant said. The Indian G20 Sherpa said th

European development bank chief takes reform agenda to G20 talks in India

The President of the European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sunday for a G20 finance summit with the reform agenda for multilateral development banks (MDBs) high on the list of priorities. Odile Renaud-Basso, the first woman head of an MDB as EBRD president, will begin her four-day visit in Gandhinagar for the Finance Ministers and Central Bank Governors gathering. From Gujarat, she is scheduled for a high-level roundtable with the Confederation of Indian Industry (CII) in New Delhi to discuss opportunities for the Indian private sector in EBRD countries of operations in Central Asia, Middle East and North Africa (MENA), Turkey and Eastern Europe. The key discussion which is relevant for us is everything related to the MDB reform agenda, which is very prominent in the G20 discussion now, said Renaud-Basso during a pre-visit interview. India has a very important role to play as the president of the G20 at a t