The 39th edition of annual CERAWeek Conference 2021 was held virtually for the first time from March 1-5, 2021 where Prime Minister (PM) Narendra Modi was conferred with CERAWeek Global Energy and Environment Leadership Award. CERA stands for Cambridge Energy Research Associates (CERA).
PM Modi Addressed the Conference
Narendra Modi addressed the CERAWeek Conference where he highlighted the following points:
i.Target: India has set a target to boost the share of gas in its fuel mix to 15% from the current 6% by 2030.
ii.Major challenges: Climate change and calamities are major challenges which can be overcome by two ways viz. policies, laws, rules and orders; and behavioural change.
iii.India’s forest cover and population of lions, tigers, leopards and waterfowls has been increased over the last seven years.
iv.United States(US) is a major supplier of LNG (Liquefied Natural Gas) to India.
About the Award:
Instituted in 2016, the award recognizes the commitment of leadership on the future of global energy & environment and for offering solutions and policies for energy access, affordability & environmental stewardship.
About CERAWeek Conference 2021:
Organized by IHS Markit, the sessions and themes of the conference were inspired by the new book titled ‘The New Map: Energy, Climate and the Clash of Nations’. The book is written by IHS Markit Vice Chairman and CERAWeek Chairman Daniel Yergin.
- It was organized after two years as the 2020 conference was cancelled due to COVID-19 pandemic.
- It should be noted that the Saudi Arabian Oil Company Saudi Aramco aims to create a world-scale hydrogen business by 2030.
Key Themes:
Energy Transition Climate & ESG; The New Map of Geopolitics; Economic Recovery, Markets & Investment; Innovation & Technology; and Workforce of the Future
Prominent Speakers:
US special presidential envoy for climate John Kerry; Co-chair of the Bill and Melinda Gates Foundation and founder of Breakthrough Energy Bill Gates; and President and CEO, Saudi Aramco, Amin Nasser.
About CERAWeek:
Initiated in 1983 by Dr. Daniel Yergin, it has been organized annually in Houston, United States (US) in the month of March. It is considered as the world’s premier annual energy platform.
- It is a gathering of energy industry leaders, experts, government officials and policy makers, leaders from the technology, financial and industrial communities, and energy technology innovators.
Recent Related News:
i.On 12th February 2021, the Ministry of tribal Affairs won the Award of Appreciation under Project Category Award in the 18th Computer Society of India (CSI) Special Interest Group on e-Governance(SIGe-Gov) Awards 2020 for its Performance Dashboard Empowering Tribals Transforming India through various ICT initiatives.
ii.On 17th February 2021, the Wildlife Crime Control Bureau (WCCB), under the Ministry of Environment, Forests and Climate Change(MoEF&CC), Government of India was selected as one of the winners of the 5th Asia Environmental Enforcement Award, 2020 by the United Nations Environment Programme(UNEP).
About IHS Markit:
Board Chairman and Chief Executive Officer– Lance Uggla
Headquarter– London, United Kingdom (UK)