NEW DELHI: As the G20 chair, Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi G20 Leaders’ Summit Declaration and thanked the leaders for their hard work in reaching a consensus.
“I have received good news. Due to the hard work of our team, consensus has been built on New Delhi G20 Leaders’ Summit Declaration. My proposal is to adopt this leadership declaration. I announce to adopt this declaration. On this occasion, I congratulate my Sherpa, ministers, who worked hard for it and made it possible,” PM Modi said to applause from world leaders.

He added that India’s G20 Presidency has been the most ambitious in history of G20. “73 outcomes (lines of effort) and 39 annexed documents (presidency documents, not including Working Group outcome documents). With 112 outcomes and presidency documents, we have more than doubled the substantive work from previous presidencies,” said the PM.
Other initiatives announced by India:

  • India on Saturday announced the launch of the Global Biofuel Alliance and urged G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20%. “Today, the need of the hour is that all countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20%,” he said, adding: “Or alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security.”
  • Speaking at the G20 Summit session on ‘One Earth’, PM Modi also proposed to launch the ‘G20 Satellite Mission for Environment and Climate Observation’ and urged leaders to start working on ‘Green Credit Initiative’.

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