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APEC Dialogue Focuses On Climate Action As A Catalyst For Growth

By Outlook Planet Desk November 19, 2023

Commerce & Industry Minister Piyush Goyal advocates global collaboration and emphasises climate action as an avenue for innovation and prosperity

APEC Dialogue Focuses On Climate Action As A Catalyst For Growth
BCommerce and Industry Minister Piyush Goyal, APEC Informal Leader's Dialogue, renewable energy, 175 gigawatts, environmental sustainability, Investor Forum, Partnership for Global Infrastructure and Investment (PGII), US Secretary of Commerce.
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Commerce and Industry Minister Piyush Goyal has urged world leaders to collaborate as a global community to build a future where climate action is viewed as an opportunity for innovation and growth rather than a burden.

During the APEC Informal Leader's Dialogue in San Francisco on November 16, the minister highlighted India's achievement in meeting its renewable energy target of 175 gigawatts, nine years ahead of schedule, and emphasised India's leadership in environmental sustainability.

Goyal participated in the Investor Forum organised by the Partnership for Global Infrastructure and Investment (PGII). The US Secretary of Commerce, Gina Raimondo, and Senior Advisor to President Amos Hochstein co-hosted the forum. The participants primarily discussed collaborative actions and shared priorities to increase private investment in the Indo-Pacific region.

Raimondo highlighted the continuing partnership between India and the US through the Green Transition Fund. The minister also joined the world leaders at the IPEF Leader's Meeting.

Several world leaders, including the US President, attended the engagement. Several IPEF initiatives, such as the Critical Minerals Dialogue, Investment Accelerator, Catalytic Fund, Investor Forum, and IPEF Networks, were announced during the meeting.

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