PM pitches India as host for 2028, calls on countries to rise above self-interest

Last Updated04/12/2023

Prime Minister Narendra Modi refrains from new climate commitments but offers to host COP-33 in India in 2028 during his address at COP-28.
PM emphasises the need for developed countries to vacate carbon space before 2050 and invites global cooperation on India's "Green Credit Initiative."

PM introduces the "Green Credit Initiative" as a non-commercial effort to create a carbon sink.
The initiative aims to generate credits for plantations on waste or degraded lands, contributing to the rejuvenation of natural ecosystems.

PM reiterates India's commitments made at COP-26, including cutting emissions intensity by 45% and increasing non-fossil fuel share to 50% by 2030, aiming for net-zero by 2070.

PM stresses the importance of new financial targets without neglecting commitments to the Green Climate Fund (GCF) and the Adaptation Fund.
He Calls on developed countries to eliminate their carbon footprint before 2050 and urges Multilateral Development Banks to ensure affordable finance for developing countries.
COP-33 is proposed to be host in India in 2028 is seen as a diplomatic masterstroke, providing an opportunity to focus on global south issues and climate justice.