PM Modi to address International Climate Summit 2021

PM Modi
Prime Minister Narendra Modi

Prime Minister Narendra Modi will address the International Climate Summit 2021 on September 3. The summit intends to discuss strategies to power India’s budding hydrogen ecosystem, among other agenda and the application of hydrogen power to help fulfill India’s ever-growing energy needs. Besides PM, top representatives of India Inc, global energy industry, automotive industry, and high-ranking officials from India and Europe, policymakers, regulators and scientists from across the globe are going to be a part of the climate summit.

Reliance Industries Chairman Mukesh Ambani, Environment Minister Bhupender Yadav, and Power Minister Raj Kumar Singh will also address the event. On August 15, Prime Minister Modi had announced the launch of the National Hydrogen Mission (NHM) and said that India aims to become a global hub for green hydrogen production and exports. Green hydrogen, which is produced by splitting the water molecule into its hydrogen and oxygen constituents using an electrolyzer powered by renewable energy resources, is expected to be a game-changer for India in meeting its annual energy needs. The country, which currently imports 85 per cent of its oil and 53 per cent of its gas demands, has been reported to spend around ₹12 trillion annually on energy requirements. Increasing concerns over the issue of climate change and the potential of hydrogen as a game-changer in the energy arena may become driving efforts by nations to induct hydrogen to achieve the target of becoming a low-carbon economy.

The ICS 2021 climate summit is being held in partnership with Invest India and the focus will be on ‘Powering India’s Hydrogen Ecosystem’. It is being organised by the environment committee of the PHD Chamber of Commerce and Industry (PHDCCI), a non-government industrial development organisation.