India has taken up the presidency of G20 for 2022-23. What are the opportunities presented by the presidency for India’s leadership in climate action?
India will hold the G20 Presidency from 1 December 2022 to 30 November 2023. Each year, the Presidency invites guest countries, which take part in the G20 exercise. Several international and regional organizations also participate, granting the forum an even broader representation.
Opportunities for India:
- India can seek collaboration on areas around science and technology.
- Build resolutions of the United Nations General Assembly (UNGA) and other multilateral bodies.
- Emerging economies working together can become the source of solutions to shared problems, rather than dependence on outside aid.
- Building global consensus in the Vienna Declaration on Human Rights.
- Agenda for Sustainable Development.
- Ensuring adequate food, housing, education, health, water and sanitation.
- Economic diversification, Sustainably urbanizing the world, and ushering the hydrogen economy and new crop varieties as the answer to both human well-being and global climate change.
- Space is the next frontier for finding solutions to problems of natural resource management ranging from climate change-related natural disasters, supporting agricultural innovation to urban and infrastructure planning.
- Public health policy makers have to learn from the COVID-19 fiasco.
- A Global Financial Transaction Tax, considered by the G20 in 2011, needs to be revived to be paid to a Green Technology Fund for Least Developed Countries.