NEW DELHI: Amitabh Kant, Chief Executive Officer, NITI Aayog, said that although India is not responsible for global warming yet it is the only country among G20 which is well on track to realise its climate goals. He said this while addressing the Schneider Electric Innovation Summit 2021 which was held on Tuesday, October 19, in New Delhi.
Kant said that the independent studies have rated Indian efforts to address climate change as highly complaint with the requirements under the Kyoto Protocol and Paris Agreement. He added that renewable energy is the key to decarbonise the future and it has also become the prime destination for global investors with the potential to attract $10 billion of investments, yearly.
Kant also said during the summit that these achievements have contributed to improve the lives of 1.3 billion people. He added that it is important for the businesses to use the cutting-edge technologies such as artificial intelligence (AI) and machine learning in order to boost growth and sustainability. He also said that the artificial intelligence solutions championed by the start-ups are being used in various areas such as predicting the machine failures and providing the real-time manufacturing insights.