April 22 is observed as world earth day. On this day, US President Joe Biden called for a ‘leaders’ summit on climate change’ to discuss the various aspects of the environment with 40 leaders from around different nations. Prime Minister Narendra Modi also confirmed his presence at the two-day online conference.
Aims and Objectives of the Summit
The 2-day conference is the precursor of the Glasgow COP26 conference that radically aims at “galvanizing efforts by the major economies to tackle the climate crisis” and also “underscore the urgency, and the economic benefits of stronger climate action”. The main objectives of this summit include
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- Using technology to adapt to climate change and also pertaining to reducing emissions (targets net-zero emissions by the year 2050)
- Including private and public sectors to join hands with major economies to reduce emissions
- Find ways to adapt to climate change to protects lives (and livelihood)
- Show the world about the social and economic benefits of climate change and how to utilize it properly
17 Major Economies are on ‘Target’
The US leader wants to “reconvene the US-led Major Economies Forum on Energy and Climate” which is responsible for 80% of total global emissions and global GDP. This initiative was first started by former US president Barack Obama in the year 2009. The list of these 17 countries includes the United States, the European Union, Australia, the United Kingdom, Indonesia, Germany, Korea, India, Russia, South Africa, Brazil, Canada, France, Japan, China, Mexico, and Italy.
Leaders of 40 Nationals to Take Part in the Summit
Joe Biden has invited leaders from 40 nationals to take part in the summit. It includes the top 5 emitters as well, namely China, the US, Russia, India, and Japan. The nations that accepted the invitations, and gave their nod to attend the summit are India, China, Russia, Canada, and the UK. However, the final list of attendees is not yet disclosed by the US officials. Biden has urged the leaders to use this summit as an “opportunity” to showcase their prowess in handling the global emission issues and what plans do they have for their respective countries to reduce the emissions. It is expected that the US will also announce its ‘2030 emissions target’ as part of the Paris agreement. Watch out for the virtual event live at 5.30 pm IST on April 22.