Context:
The Energy and Resources Institute (TERI) organized the 24th edition of the World Sustainable Development Summit (WSDS) in New Delhi.
About the 24th World Sustainable Development Summit (WSDS)
- The theme of WSDS 2025 is “Partnerships for Accelerating Sustainable Development and Climate Solutions.”
- The summit will emphasize the pivotal role of partnerships in achieving global sustainability goals.
- It is the annual flagship multistakeholder convening, instituted in 2001, is organized by the Energy and Resources Institute (TERI).
- Goal: Provide a platform for global leaders to engage in discussions and knowledge exchange.
- Action Plan: Adopt a solution-oriented approach to strengthen partnerships across governments, businesses, civil society, and other key stakeholders, aiming to drive meaningful change and long-lasting impact.
Global progress on SDGs
• Current status:
- Only 14% of SDG targets are on track
- 20% of the targets are not being tracked.
- 14% of targets are showing regression (including those related to hunger, education, employment, and the environment).
• Global Stocktake (comprehensive assessment of the world’s progress towards achieving the goals outlined in the Paris Agreement on climate change):
- The first global stocktake highlights the urgency, showing that to meet the temperature targets.
- To meet temperature goals, emissions need to be reduced by 43% by 2030.
- Current Nationally Determined Contributions are only projected to achieve a 2% reduction in emissions.
Overview of India’s Progress for Sustainable Development
• Greenhouse Gas Emissions Reduction: In 2020, India successfully reduced its greenhouse gas emissions by 7.93%, demonstrating its commitment to combating climate change.
• Emission intensity to GDP: India reduced its emission intensity of GDP by 36% between 2005 and 2020.
• Net-Zero Target: India has a target to achieve net-zero emissions by 2070.
• Transformative initiative: India has taken significant steps with initiatives like
- The International Solar Alliance (ISA).
- The Coalition for Disaster Resilient Infrastructure (CDRI).
- Mission Lifestyle for Environment (Life).
The Energy and Resources Institute (TERI)
- TERI, formerly known as the Tata Energy Research Institute, was founded in 1974.
- Later in 2003, the body was renamed as The Energy and Resources Institute.
- TERI is an independent, multi-dimensional organization, with expertise in research, policy, consultancy and implementation.
- TERI’s mission is to usher transitions to a cleaner and sustainable future through the conservation and efficient use of energy and other resources, and innovative ways of minimizing and reusing waste
- Registered under the Societies Registration Act of 1860, TERI is a research institute which is Headquartered in New Delhi, India.