India adopting environment-friendly growth as development model: Sultan Al Jaber
Speaking at the India Energy Week in Bengaluru at the Asian Ministerial Energy Roundtable, Jaber noted that the world's fastest growing major economy was dealing with the central question of how to embed sustainable, environment-friendly growth into its development model. "As India's economy surges, it is dealing with the fundamental question that the whole world faces. How to adopt policies that are pro-growth and pro- climate at the same time. How to provide for a world that will consume 30 per cent more energy by 2050, while protecting our planet. In short, how to hold back emissions, not progress, " Jabar, who is the CEO of Abu Dhabi National Oil Company, noted. The president-designate noted the significant rise in investment in renewable energy in recent years and India's drive to add 500 GW of clean energy by 2030, adding that the UAE was keen to partner with India and the world on advancing clean energies. India is setting up 2G refineries utilising agricultural waste and bamboo to make ethanol, using indigenous technology. This contributes to achieving rural prosperity and also goes a long way in reducing pollution along with achieving energy security goals, the minister said.