Redefining Progress: Modi's Call for Green GDP and Climate-Conscious Metrics

Modi acknowledged the growing momentum for climate action post the G20 Summit held in India last September. Responding to Gates' query about making green approaches more accessible, Modi proposed a dual strategy focusing on nature-friendly innovation and eco-conscious lifestyles.

Prime Minister Narendra Modi highlighted the need for reevaluating the metrics used to gauge progress, emphasizing their adverse impact on the climate. During a conversation with philanthropist Bill Gates, he stressed the necessity of transitioning towards a green gross domestic product (GDP) to better reflect environmental considerations in economic growth.

Modi acknowledged the growing momentum for climate action post the G20 Summit held in India last September. Responding to Gates' query about making green approaches more accessible, Modi proposed a dual strategy focusing on nature-friendly innovation and eco-conscious lifestyles.

Advertisement

He critiqued the conventional parameters of development, such as steel consumption and energy usage, which often prioritize economic growth at the expense of escalating carbon emissions. Modi advocated for a shift in mindset towards climate-friendly progress measurement, advocating for the adoption of green GDP as a global metric integrated into the traditional GDP framework.

The prime minister underscored the urgency of curbing excessive consumption patterns to address climate change effectively. He emphasized the alignment of his and Gates' perspectives on climate issues, citing initiatives like "Mission Innovation" aimed at accelerating clean energy adoption.

Advertisement

Despite acknowledging the challenges in meeting the Paris Agreement targets, Modi highlighted India's strides in renewable energy and emphasized the importance of innovation in addressing climate change. He also emphasized India's historical practices of environmental conservation, including recycling and reusing materials.

Gates echoed Modi's sentiments, advocating for consumer choices aligned with environmental sustainability, including preferences for clean products and dietary modifications. Modi further emphasized the importance of dietary choices, suggesting the incorporation of millets into diets as an eco-friendly alternative.

Advertisement

In essence, Modi's discussion with Gates centered on the imperative for recalibrating economic metrics to align with environmental priorities, promoting sustainable practices across various sectors to mitigate climate change effectively.

Read also | EAM Jaishankar Highlights Discussion on Russia-Ukraine Conflict in Talks with Ukrainian FM

Advertisement

Read also | India doesn't need lessons from any country on rule of law: Vice President Dhankhar's Assertion

Advertisement