The forum will bring together 17 countries, which account for 80% of global emissions and GDP.
PM Modi Invited For US-Hosted Virtual Climate Summit
30 March 2021 Current Affairs:US President Joe Biden invited 40 world leaders including Prime Minister Narendra Modi to participate in a virtual climate summit hosted by the United States, which will be held in April 2021. This summit will focus on the urgency and economic benefits of taking stronger climate action.
♦ Joe Biden will hold a two-day climate summit of world leaders and it will start on the occasion of Earth Day on April 22, 2021.
♦ At the summit, the president will emphasize the United States’ goal of reducing carbon emissions by 2030. According to the Paris Accord, the summit is called “Nationally Determined Contributions.”
♦ In addition to Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin were also invited to attend the meeting.
♦ The summit will be an important milestone for the United Nations Climate Change Conference (COP26) to be held in Glasgow in November 2021.
♦ Biden also invited heads of other countries that have shown strong climate leadership. A small number of companies and civil leaders will also participate in the summit.
Objective of the Summit:
♦ According to the White House, the leaders’ summit and the COP26 summit will be organized to promote efforts to limit the global temperature to 1.5 degrees Celsius.
♦ The summit will also highlight examples of how increased climate ambition will create high-paying jobs, help vulnerable countries adapt to the effects of climate change and promote innovative technologies.
♦ The United States will also announce an ambitious 2030 emission target in accordance with the “Paris Accord” as a “new nationally determined contribution.”
♦ The summit hosted by the United States will reconvene the major US-led energy and climate economic forums.
♦ The forum will bring together 17 countries, which account for 80% of global emissions and GDP.