UN chief asks G20 nations, including India, to invest in clean transition as they recover from Covid
UN chief Antonio Guterres on Friday renewed his call on India and other G20 countries to invest in a clean and sustainable transition as they recover from the Covid-19 pandemic, expressing deep concern over the continued support for polluting fossil fuels by nations across the world.
UN Secretary-General Guterres, virtually delivering the 19th Darbari Seth Memorial Lecture by The Energy and Resources Institute (TERI), said that clean energy and closing the energy access gap are good business.
“They are the ticket to growth and prosperity. Yet, here in India, subsidies for fossil fuels are still some seven times more than subsidies for clean energy,” he said.
Coal subsidies in 2019-20 amounted to USD 2.06 billion, with overall subsidies to fossil fuels at USD 11 billion, he said.
