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31/01/23 07:31 AM IST

Bengaluru all set to host the first G20 Energy Transition Working Group Meeting

In News
  • The first G20 Energy Transition Working Group (ETWG) Meeting under India’s Presidency will be held in Bengaluru.
  • The meeting will have over 150 participants including G20 member countries, nine special invitee guest countries – Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, UAE and Spain.
About ETWG
  • The first ETWG meeting will focus on six priority areas.
  • Energy transition through addressing technology gaps 
  • Low-cost financing for energy transition 
  • Energy security and diversified supply chains
  • Energy efficiency, industrial low carbon transitions and responsible consumption, 
  • Fuels for Future (3F) and 
  • Universal access to clean energy and just, affordable, and inclusive energy transition pathway
  • Leading international organizations such as The World Bank, Asian Development Bank, United Nations Development Program (UNDP), International Energy Agency (IEA), Clean Energy Ministerial (CEM), United Nations Environment Program (UNEP), International Solar Alliance (ISA) will be part of the Meeting.
India and G20
  • The G20 Presidency for 2023 will pass to India. India will take over the G20 Presidency on December 1st, 2022.
  • India will host nearly 200 meetings in 32 different sectors at various places all over the nation while it holds the G20 presidency.
  • G20 Theme: “Vasudhaiva Kutumba-Kam,” or “One Earth, One Family, One Future,” is the focus of India’s G20 Presidency.
  • India will work to ensure that there is “just one world,” not a “first world or third world.”
  • The G20 Theme embodies India’s efforts to realise its vision of uniting the entire world in pursuit of a common goal and a better future.
Source- PIB

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