The world should join hands and work together on a future scenario where action to mitigate climate change becomes an opportunity for innovation and growth, commerce and industry minister Piyush Goyal has said.
Speaking at the APEC Informal Leaders’ Dialogue in San Francisco on November 16, Goyal also highlighted India’s environmental leadership in meeting the renewable energy target of 175 gigawatts nine years ahead.
“He called upon the world leaders to join hands as a global community to construct a future where sustainability is not a distant aspiration but a way of life and where climate action is not a burden but an opportunity for innovation and growth,” a commerce ministry statement quoting the minister stated.
Goyal also participated in the Investor Forum of the Partnership for Global Infrastructure and Investment (PGII). The forum was co-hosted by Gina Raimondo, US secretary of commerce, and Amos Hochstein, senior adviser to US President Joe Biden, with the discussion centred on collaborative actions and shared priorities to increase private investment in the Indo-Pacific region.
Raimondo highlighted the continuing partnership between India and the US through the Green Transition Fund.
The minister also joined the IPEF (Indo-Pacific Economic Framework for Prosperity) leaders’ meeting. The event was attended by several world leaders, including US President Biden.
Several IPEF initiatives such as Critical Minerals Dialogue, Investment Accelerator, Catalytic Fund, Investor Forum and IPEF Networks were announced during the meeting.
During the day, Goyal held several bilateral and one-to-one meetings with world leaders and corporate giants. He met Juan Carlos Mathews, minister of foreign trade and tourism of Peru, and discussed ways to enhance bilateral trade and investment linkages, reviewed progress of bilateral FTA negotiations and suggested expedited conclusion.
Goyal also met Alex Rogers, president, Qualcomm Technology Licensing & Global Affairs, and discussed the vast opportunities for collaboration that India’s rapidly evolving semiconductor ecosystem and robust innovation landscape offer to companies like Qualcomm.