亚博体育官网首页

Piyush Goyal says Global South not Responsible for Climate Damage
ECONOMY & POLICY

Piyush Goyal says Global South not Responsible for Climate Damage

Union Minister of Commerce and Industry Piyush Goyal stated that the Global South should not be held accountable for the environmental damage caused worldwide, attributing it to the developed nations that had benefited from low-cost energy. Speaking at the Confederation of Indian Industry (CII) Partnership Summit 2024, he emphasised the need for shared but differentiated responsibilities in addressing environmental challenges.

The summit, attended by trade ministers from 11 countries, including Italy, Israel, and Bhutan, focused on sustainability and global cooperation. Goyal emphasised that the responsibility for addressing environmental challenges should be proportional to the contribution to the problem, with developed nations bearing greater accountability.

He called for more collaboration in shared supply chains and sustainable development efforts. Stressing the importance of innovation, industry, infrastructure, and investment, Goyal remarked that these factors would help foster inclusivity and growth among nations.

The minister also pointed out the impact of Artificial Intelligence and automation on employment and skills, noting the need to balance technological advancements with the preservation of tradition and culture. He underlined the importance of empowering youth through education and skills development to drive economic growth and achieve Ease of Doing Business and Ease of Living.

Regarding sustainability, Goyal highlighted the significance of reducing consumption waste and adopting a circular economy. He noted that environmental challenges are not only driven by carbon emissions from manufacturing but also by the carbon footprint from consumption patterns. He urged nations to reflect on their lifestyles and resource usage.

Union Minister of Commerce and Industry Piyush Goyal stated that the Global South should not be held accountable for the environmental damage caused worldwide, attributing it to the developed nations that had benefited from low-cost energy. Speaking at the Confederation of Indian Industry (CII) Partnership Summit 2024, he emphasised the need for shared but differentiated responsibilities in addressing environmental challenges. The summit, attended by trade ministers from 11 countries, including Italy, Israel, and Bhutan, focused on sustainability and global cooperation. Goyal emphasised that the responsibility for addressing environmental challenges should be proportional to the contribution to the problem, with developed nations bearing greater accountability. He called for more collaboration in shared supply chains and sustainable development efforts. Stressing the importance of innovation, industry, infrastructure, and investment, Goyal remarked that these factors would help foster inclusivity and growth among nations. The minister also pointed out the impact of Artificial Intelligence and automation on employment and skills, noting the need to balance technological advancements with the preservation of tradition and culture. He underlined the importance of empowering youth through education and skills development to drive economic growth and achieve Ease of Doing Business and Ease of Living. Regarding sustainability, Goyal highlighted the significance of reducing consumption waste and adopting a circular economy. He noted that environmental challenges are not only driven by carbon emissions from manufacturing but also by the carbon footprint from consumption patterns. He urged nations to reflect on their lifestyles and resource usage.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement