India has long been recognized as a key player in the international climate arena, consistently demonstrating leadership and commitment to addressing the climate crisis. The UAE's Majid Al-Suwaidi, while speaking ahead of the COP28 and G20 summit, highlighted India's importance as a global voice and commended the strong relationship between the UAE and India.
Mr. Al-Suwaidi noted the critical role that India plays as the chair and host of the G20, emphasizing that the outcomes of the G20 are intrinsically linked to the path leading up to COP28. He expressed optimism about the positive outcomes already witnessed within the G20 framework and stressed the importance of the G20 delivering substantial momentum to encourage countries to take bold actions at COP28.
Mr. Al-Suwaidi recognized India's commendable strides in renewable energy adoption but also acknowledged the significant challenges the nation faces in providing energy for its growth while ensuring environmental sustainability.
Mr. Al-Suwaidi emphasized the interconnectedness of development and climate action, emphasizing that both goals can be achieved simultaneously. He underscored the importance of financial institutions reform to ensure that intelligent climate investments are made.