Thread by @raisinadialogue

We are LIVE tweeting this panel discussion with @AHuitfeldt @anuahsa .@MathiasCormann @SantiagoCafiero @amitabhk87 and @IlaPatnaik.

Stay tuned for updates!

#Raisina2022 #RaisinaDialogue #TerraNova

Watch it LIVE here:

#Raisina2022

.@IlaPatnaik: The next industrial revolution cannot be based on #fossil questions. The question is how can we meet the #SDG goals while shifting to a greener economic system.

#Raisina2022

.@AHuitfeldt: #Norway is a large producer of oil & gas; going forward, we will develop our #fossilfuel industry but we will invest the revenues from these sources to finance #renewableenergy.

#Raisina2022

.@MathiasCormann: We need a globally coordinated and coherent approach to financing the #greentransition; we need a massive scaling up of investment in #cleanenergy and we need to leverage both public and private sector investment.

#Raisina2022

.@MathiasCormann: There needs to be more consistency and integrity from the private sector in financing the #greentransition, with clear objectives on what investments are actually green. The whole gamut of investment opportunities needs to be tapped.

#Raisina2022

.@anuahsa: The biggest issue when it comes to the #energytransition is the lack of political will of countries to come together to solve this issue.

#Raisina2022

.@anuahsa: We are not treating the #climatecrisis as an emergency, the #pandemic showed us that resources can be brought to bear when the political will is focused on solving a crisis.

#Raisina2022

.@amitabhk87: India is the only #G20 country which was #NDC compliant. India’s #renewable story has been inspiring.

#Raisina2022

.@amitabhk87: There is no shortage of finance in the world, it is the lack of political will that hinders action, richer nations have to step up their efforts to solve this crisis.

#Raisina2022 @NITIAayog

.@amitabhk87: India has the size and scale to become a leader in green technologies. The developed countries have not lived up to their promise of #low-cost finance, despite this, #India has become a leader in the #energytransition.

#Raisina2022

.@AHuitfeldt: The #energytransition has a national security dimension. We need to head for a #renewable future that is based on local production of energy, this has to be a driver for increased actions for a rapid #greentransition.

#Raisina2022

.@MathiasCormann: There is an increase in #ESG investment, but different ESG investments are not comparable due to a lack of standards. Investors want the consistency to assess what are #green investments, therefore, standards must be implemented quickly.

#Raisina2022

.@MathiasCormann: There is a significant need for investment in #innovation and R&D and faster technology transfer from the developed world to the developing world.

#Raisina2022

.@amitabhk87: The growth of #renewables in India has been driven by the private sectors and new entrepreneurs. The top class entrepreneurial spirit in India will be a driving force in the #energytransition in India.

#Raisina2022 @NITIAayog

Thank you for joining us for this panel discussion.

Stay tuned for the next session with @nitin_gadkari and @ShereenBhan

#Raisina2022 #RaisinaDialogue2022