PM launches ‘Green Credit Initiative' at UN climate talks

Dubai: Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a ‘Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the UN climate conference in 2028, or COP33, in India.

Addressing the highlevel segment for heads of state and governments during the UN climate conference (COP28) here, Modi called for a pro-planet proactive and positive initiative and said the Green Credits Initiative goes beyond the commercial mindset associated with carbon credits.

"It focuses on creating carbon sinks through people's participation and I invite all of you to join this initiative," he said, stressing that the world does not have much time to correct the mistakes of the last century.

Modi was the only leader to join COP28 President Sultan Al Jaber on the stage of the conference along with the UN Climate Change Executive Secretary Simon Steill at the opening plenary. (PTI)