Doubling investment in renewable energy in one step, and then again and again
By: Persaud, Avinash
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Material type:
BookPublisher: Economic & Political Weekly Description: 59(33), Aug 17, 2024: p.10-11.Subject(s): Renewable Energy Investment, Climate Negotiations, Emerging Economies, Industrialisation, Global Warming, Climate Responsibility, Energy Transition, Equity in Climate Policy, Historical Emissions, Sustainability, International Climate Talks, Green Finance| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 59(33), Aug 17, 2024: p.10-11 | Available | AR132945 |
This study reflects on the evolving stance of emerging economies in global climate negotiations, particularly their long-held argument that industrialised nations—primarily Europe and the United States—should bear greater responsibility for climate mitigation due to their historical emissions and economic gains from industrialisation. The article advocates for a bold strategy of repeatedly doubling investments in renewable energy to accelerate the global energy transition. It positions this approach as both a practical and symbolic shift in climate leadership, emphasizing the need for equitable burden-sharing and proactive engagement from all nations to address the climate crisis. .For a long time, emerging economies’ negotiation position in climate talks was that the industrialisation of Europe and the United States (US) caused global warming and made those countries rich, so they must bear the brunt of saving the planet. – Reproduced
https://www.epw.in/journal/2024/33/h-t-parekh-finance-column/doubling-investment-renewable-energy-one-step-and.html


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