India to meet its Paris agreement commitments ahead of 2030
Prime Minister said, that India is on track to achieving its climate goals well before the target date as it switches over to energy-efficient mediums and uses waste to generate energy. Speaking after accepting the 2021 CERAWeek Global Energy & Environment Leadership Award for his commitment to energy sustainability and the environment, Modi said climate change and calamity are major challenges facing the world. Both are interlinked, and one way to fight them is through policies, laws, rules, and orders, and the other is bringing behavioral change, he said, listing measures taken by his government for sustainable energy usage.
India wants to start negotiations on an investment deal with the European Union simultaneously with a trade agreement in a renewed push to boost bilateral ties with the trade bloc. Keen to accelerate investments, technology and capital flows from the EU, India wants the investment and trade deals to happen parallelly and independently. “Both the investment deal and trade deal will have to happen parallelly and independently. The EU has said it is ready to consider launching negotiations on a standalone investment protection agreement, which would increase legal certainty for investors on both sides.