COP26 Charter of Actions: Virtual Stakeholder Roundtable on Energy

Accelerating economic growth along with equitable recovery is fundamental to sustainable development and climate action. Under the presidency of United Kingdom in partnership with Italy, the 26th United Nations Climate Change Conference of the Parties (COP26), to be held from 1–12 November 2021 in Glasgow will aim at mobilising action on climate change mitigation, adaptation, and resilience, and aligning them with sustainable development goals.

On 18 August 2021 | 15.00 hrs - 16.30 hrs

Keeping in view the importance of COP 26, The Energy and Resources Institute (TERI) is preparing the COP26 Charter of Actions that will be a document presenting the questions and solutions in respect of key sectors in India. This roundtable is being organized under the banner of TERI's flagship Track II initiative the ‘World Sustainable Development Summit'. The Charter will recommend action in areas where there is a scope for raising ambition and offer sector specific solutions. It will also propose a framework for a global agenda on climate ambition and action. Five themes have been identified as key areas for raising ambition. These include energy, clean transport, nature-based solutions, adaptation & resilience, and green finance. The Charter activities are supported by the British High Commission, Bloomberg Philanthropies, Shakti Sustainable Energy Foundation and TATA Cleantech Capital.

We invite you to attend the virtual roundtable event titled 'India's Renewable Energy Vision of 450GW by 2030' on August 18th (Wednesday) from 15.00 to 16.30 IST. Please find attached the latest versions of the event concept note and agenda.

The electricity sector in India is undergoing transition due to consistent efforts towards achieving country's Nationally Determined Contribution (NDC) targets, increasing consumer expectation coupled with changing consumer behavior, various supply-side technology innovations and price discoveries. India has consistently stepped up its RE capacity targets to 175 GW by the year 2022, and 450 GW by 2030. Enhancing domestic production capabilities matching with the requirement for meeting the target of 450GW RE by 2030 assumes critical importance. Achieving cost effectiveness and assuring quality of supply will be important goals to guide India's low carbon development.

With the above background, a stakeholder roundtable will be organized with the following objectives.

(1) Engage with stakeholders and experts on energy in terms of electricity supply to solicit feedback for the COP26 Charter of Actions.
(2) Solicit inputs from stakeholders and experts on aspects related to implications for the international community, equity, actions by 2030, and actions by 2050.