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COP28: PM Narendra Modi launches green credits initiative

Prime Minister Narendra Modi who reached Dubai on November 30, attended the 28th Conference of the Parties (COP28) Summit. On December 1, he took part in the World Climate Action Summit of the COP28.

  • The UAE, which is hosting COP28, and the International Energy Agency highlighted a set of "decarbonisation initiatives" that can set the world on a route to an energy system that is consistent with keeping 1.5 degrees Celsius within reach.
  • PM announced a Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the UN climate conference in 2028, or COP33, in India
  • The main purpose of this initiative is to boost voluntary environmental activities like tree plantation, water conservation, sustainable agriculture, and waste management by incentivizing it for big corporations and private companies, bringing about a change in the climate issues faced by the country.

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