Union Minister for Road Transport & Highways, Nitin Gadkari outlined India's ambitious goal of becoming carbon neutral by 2070. He was speaking virtually at the Gulf Maharashtra Business Forum Global Mahabiz 2024 conference on Sunday (25th February 2024) held in Dubai. The event convened leaders and innovators from across the globe to deliberate on sustainable development and economic collaborations.The event featured Sheikha Jawaher Bint Khalifa Al Khalifa as the Chief Guest.
Minister Gadkari's virtual address emphasized India's significant strides towards sustainability, particularly in renewable energy. He highlighted innovative solutions such as self-sustainable aviation fuel derived from biomass, bio-CNG production, and bamboo-based bioethanol refining. Stressing India's commitment to reducing carbon emissions, Gadkari underscored the importance of technology, innovation, and international cooperation in achieving this ambitious target.
Acknowledging India's rapid adoption of electric vehicles and renewable energy sources as pivotal to sustainable development, Mr. Gadkari said, our emphasis on innovation, entrepreneurship, and technological advancements underscores our commitment to converting knowledge into wealth.
Furthermore, Mr.
Gadkari highlighted India's initiatives in organic farming, renewable energy, and infrastructure development, aligning with the vision of achieving carbon neutrality by 2070.
The Consul General of India, Satish Kumar Sivan, echoed Mr. Gadkari's sentiments, emphasizing the century-old cultural ties between India and the UAE. He highlighted recent advancements in economic cooperation, including a significant increase in bilateral trade volume, which reached $85 billion USD during the last financial year. Mr. Sivan also discussed recent agreements signed between the two countries, such as the Bilateral Investment Treaty (BIT) and the Inter-Governmental Framework Agreement on India's Middle East Europe Economic Corridor, aimed at enhancing economic integration and cooperation across various sectors.
The conference featured speeches from other prominent figures, including Sunil Manjrekar, President of GMBF, who highlighted the organization's innovative fundraising initiatives supporting environmental and humanitarian causes. Gulf Maharashtra Business Forum (GMBF) Global is a premier business conclave aimed at creating funding, enabling growth and promoting collaboration among entrepreneurs in the UAE and Maharashtra.