• Latest
  • Trending
  • All
  • India
  • Business
  • Politics
  • World
  • Lifestyle
  • Technology
A Collaborative Path Towards Mitigating Climate Change and Economic Prosperity

A Collaborative Path Towards Mitigating Climate Change and Economic Prosperity

July 18, 2024
Raymond Realty shares hit 5% upper circuit level in debut trade

Raymond Realty Shares Hit 5% Upper Circuit Level In Debut Trade

July 1, 2025
Nothing Phone 3 and Headphone 1 India launch today at 10:30PM: Leaked specs, price

Nothing Phone 3 And Headphone 1 India Launch Today At 10:30PM: Leaked Specs, Price

July 1, 2025
India vs England 2nd Test: Nitish Reddy, Washington Sundar likely to play; Jasprit Bumrah, Kuldeep Yadav unlikely

India vs England 2nd Test: Nitish Reddy, Washington Sundar Likely To Play; Jasprit Bumrah, Kuldeep Yadav Unlikely

July 1, 2025
'Allu Arjun, Hrithik Roshan, Honey Singh are the only celebs I've DM'd': Lauren Gottlieb on her dream collaborations

‘Allu Arjun, Hrithik Roshan, Honey Singh Are The Only Celebs I’ve DM’d’: Lauren Gottlieb On Her Dream Collaborations

July 1, 2025
Trump's deportation warning to Elon Musk: 'Close up shop and move back to South Africa'

Trump’s Deportation Warning To Elon Musk: ‘Close Up Shop And Move Back To South Africa’

July 1, 2025
6 dead in firecracker factory blast in Tamil Nadu's Sivakasi, several injured

6 Dead In Firecracker Factory Blast In Tamil Nadu’s Sivakasi, Several Injured

July 1, 2025
Digital India initiative touched lives, ushered in new era of empowerment: Modi

Digital India Initiative Touched Lives, Ushered In New Era Of Empowerment: Modi

July 1, 2025
Kris Jenner copies Kim Kardashian in purple Dolce and Gabbana gown at 69, fans 'can't believe she is a mother of 6'

Kris Jenner Copies Kim Kardashian In Purple Dolce And Gabbana Gown At 69, Fans ‘Can’t Believe She Is A Mother Of 6’

July 1, 2025
Palak Tiwari Serves Seaside Glam In Mauritius, One Stunning Look At A Time

Palak Tiwari Serves Seaside Glam In Mauritius, One Stunning Look At A Time

June 30, 2025
CUET UG Result 2025: Check Expected Date, Past Trends, And How To Download Scorecard

CUET UG Result 2025: Check Expected Date, Past Trends, And How To Download Scorecard

June 30, 2025
Nothing Phone 3 India launch tomorrow: Expected price, design, specs and everything else

Nothing Phone 3 India Launch Tomorrow: Expected Price, Design, Specs And Everything Else

June 30, 2025
India fast-tracks launch of 52 military satellites after Operation Sindoor

India Fast-tracks Launch Of 52 Military Satellites After Operation Sindoor

June 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 3, 2025
No Result
View All Result
Daily News Broadcast India
  • India
    • All
    • Politics
    6 dead in firecracker factory blast in Tamil Nadu's Sivakasi, several injured

    6 Dead In Firecracker Factory Blast In Tamil Nadu’s Sivakasi, Several Injured

    Digital India initiative touched lives, ushered in new era of empowerment: Modi

    Digital India Initiative Touched Lives, Ushered In New Era Of Empowerment: Modi

    Namazwadi, not Samajwadi: BJP hits out at Tejashwi over anti-Waqf protest

    Namazwadi, Not Samajwadi: BJP Hits Out At Tejashwi Over Anti-Waqf Protest

    Drones, bomb squads, e-IDs: Amarnath Yatra's security vigil after Pahalgam attack

    Drones, Bomb Squads, e-IDs: Amarnath Yatra’s Security Vigil After Pahalgam Attack

    Tensions in UP's Etawah over tonsuring row: stone pelting on cops, 19 detained

    Tensions In UP’s Etawah Over Tonsuring Row: Stone Pelting On Cops, 19 Detained

    'One country wanted no reference to terror': Jaishankar backs Rajnath's SCO move

    ‘One Country Wanted No Reference To Terror’: Jaishankar Backs Rajnath’s SCO Move

    Annamalai to get national role, but continue work in Tamil Nadu, says Amit Shah

    Annamalai To Get National Role, But Continue Work In Tamil Nadu, Says Amit Shah

    At UN Security Council, India Exposes Pak For Terrorism, Child Rights Abuses

    At UN Security Council, India Exposes Pak For Terrorism, Child Rights Abuses

    Maharashtra Government Announces Reduction In Power Tariffs

    Maharashtra Government Announces Reduction In Power Tariffs

    Who said it? Karnataka Home Minister's U-turn after 'we have no money' remark

    Who Said It? Karnataka Home Minister’s U-turn After ‘We Have No Money’ Remark

    Trending Tags

    • Politics
  • Entertainment
    'Allu Arjun, Hrithik Roshan, Honey Singh are the only celebs I've DM'd': Lauren Gottlieb on her dream collaborations

    ‘Allu Arjun, Hrithik Roshan, Honey Singh Are The Only Celebs I’ve DM’d’: Lauren Gottlieb On Her Dream Collaborations

    100% it's Prabhas who brought in good openings for Kannappa, admits Vishnu Manchu with ‘no ego’

    100% It’s Prabhas Who Brought In Good Openings For Kannappa, Admits Vishnu Manchu With ‘No Ego’

    Sagar Wali Qawwali on modernising qawwali to appeal to Gen Z: I present qawwali the way I understand music

    Sagar Wali Qawwali On Modernising Qawwali To Appeal To Gen Z: I Present Qawwali The Way I Understand Music

    Diljit Dosanjh reacts to criticism of speaking only about Punjab, not India

    Diljit Dosanjh Reacts To Criticism Of Speaking Only About Punjab, Not India

    Uorfi Javed's sister Dolly slams Sufi Motiwala for verbally abusing sister on The Traitors: ‘You're such a hypocrite’

    Uorfi Javed’s sister Dolly slams Sufi Motiwala for verbally abusing sister on The Traitors: ‘You’re such a hypocrite’

    Diljit Dosanjh's Sardaarji 3, Featuring Hania Aamir, Skips India Release Amid Tensions With Pakistan

    Diljit Dosanjh’s Sardaarji 3, Featuring Hania Aamir, Skips India Release Amid Tensions With Pakistan

    Jennifer Lopez and Ben Affleck Are Expected to Divide the Profits From a $68 Million Los Angeles Mansion That Remains Unsold After Six Months

    Jennifer Lopez and Ben Affleck Are Expected to Divide the Profits From a $68 Million Los Angeles Mansion That Remains Unsold After Six Months

    Kareena Kapoor Will Pay Tribute to Her Grandfather Raj Kapoor at Iifa 2025, Describing the Occasion as a “Surreal Moment.”

    Kareena Kapoor Will Pay Tribute to Her Grandfather Raj Kapoor at IIFA 2025, Describing the Occasion as a “Surreal Moment.”

    Saif Ali Khan and Kareena Kapoor Request That Paparazzi Refrain From Taking Photographs of Their Children, Taimur and Jeh, in Light of Recent Security Measures

    Saif Ali Khan and Kareena Kapoor Request That Paparazzi Refrain From Taking Photographs of Their Children, Taimur and Jeh, in Light of Recent Security Measures

    Rakhi Sawant Has Confirmed Her Third Marriage to Pakistani Actor Dodi Khan. “We Have a Mutual Affection for One Another.”

    Rakhi Sawant Has Confirmed Her Third Marriage to Pakistani Actor Dodi Khan. “We Have a Mutual Affection for One Another.”

  • Lifestyle
  • Sports
  • Business
  • Technology
  • World
  • Videos
  • Covid19
  • Opinion
DNB india
No Result
View All Result
Home Opinion

A Collaborative Path Towards Mitigating Climate Change and Economic Prosperity

by DNB ind News Desk
July 18, 2024
in Opinion
0
A Collaborative Path Towards Mitigating Climate Change and Economic Prosperity
1
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare to Whatspp

Discover how collaboration between India and global powers, including China, can address climate change and foster economic growth. Learn about strategic policies for sustainable development.

Sweltering through last month’s heatwave in northern India, many might assume that the worst impacts of climate change have arrived. However, the reality is far grimmer. A recent report from the National Bureau of Economic Research (NBER), highlighted in an editorial by the Business Standard, forecasts climate change damages to be six times larger than previously estimated. Specifically, a 3°C rise in average global temperature by 2100, as projected by the United Nations Environment Programme in its 2023 Emissions Gap Report, could slash global output by 36%, even if all nations fully implement their climate mitigation commitments. Countries in the tropics and subtropics, such as India, would be severely affected, with the general population potentially being 50% poorer by 2100 than they would otherwise be. This bleak outlook further complicates India’s ambition to achieve “Viksit Bharat 2047.”


The Urgency for Global Collaboration


Such dire predictions logically call for a unified global effort, harnessing both scientific and financial resources to combat this existential threat. Yet collective action is notoriously difficult, particularly when the costs are immediate while the benefits are deferred. This has historically led to slow and inconsistent global cooperation on climate mitigation. Recent geopolitical tensions, such as conflicts in Europe and the Middle East and the escalating US-China rivalry, have further hampered these efforts.


China’s Scientific and Technological Leadership


Amidst these challenges, China has emerged as a scientific powerhouse. According to an article in The Economist, China’s dominance spans various scientific domains, including physical sciences, chemistry, agriculture, and environmental sciences. This conclusion is based on data such as high-impact scientific paper citations, patent statistics, R&D investment, and publications in top-tier journals like Nature, Science, and Lancet.
Despite the US’s cautious stance and its restrictive “small yard, high fence” approach towards collaboration with China, a significant portion of its scientific partnerships, particularly in fields like telecom, imaging, chemistry, and new materials, involve Chinese institutions. While areas like robotics and AI are off-limits due to security concerns, about 20% of other Chinese research still involves US collaboration, illustrating that scientific exchange, though constrained, continues between these adversarial nations.


China’s Leadership in Green Mobility and Energy


Technologically, China leads in green mobility and energy. Chinese electric vehicles (EVs) are not only efficient and affordable but are also improving in design and style. China dominates EV production and makes 93% of the world’s photovoltaic cells, meeting the surging global demand. According to the World Resources Institute, achieving the Paris Agreement’s climate goals requires at least 75% of the world’s cars to be electric by 2030. China’s leadership in climate-mitigating technologies is crucial, and it’s challenging to envision any global climate initiative succeeding without its full participation. However, current US tariffs—100% on Chinese EVs and 25% on batteries—are unhelpful. Europe’s more nuanced approach is worth examining.


Europe’s Dual Strategy and Its Lessons for India


Europe recently imposed a 38.1% levy on Chinese EV imports, in addition to an existing 10% tariff. This figure aims to allow the most efficient Chinese manufacturers to profit modestly while preventing a flood of cheap EVs from entering the market. This measure awaits approval from individual European countries, leaving room for negotiation with China. Nevertheless, tariffs are blunt instruments, often resulting in negative consequences, as evidenced by India’s experience with the license-permit raj.
Fortunately, Europe employs a dual strategy. Countries like Hungary and Poland encourage Chinese companies to invest locally and produce EVs, batteries, and related components in partnership with European firms. This model not only creates jobs but also allows European companies to modernise and carve out competitive niches. India could benefit from adopting a similar approach.


Strategic Policy Recommendations for India


Post-2020’s Galwan clash, India imposed restrictions on Chinese imports, investments, and business activities, aiming for greater self-sufficiency in critical sectors. However, four years later, India remains heavily dependent on Chinese supply chains for key exports, including pharmaceuticals, auto components, electronics, and iPhones. Indian companies still need Chinese technicians to install and commission previously purchased equipment. The recent elections underscored a clear public demand for jobs over handouts.
Although climate change wasn’t a focal election issue, the rising pollution levels and increasing frequency of adverse weather events concern everyone. Modernising India’s manufacturing sector is crucial for addressing these challenges, and it requires investment, R&D, skills, and technology. Starting afresh with clear policies can facilitate this transformation.
Firstly, the Indian government should define a limited ‘negative list’ of areas where Chinese involvement is prohibited for security reasons. Beyond these restrictions, Indian companies should have the freedom to source inputs, including from China, based on their business and risk assessments.


Conclusion


Ultimately, China, as the world’s second-largest economy and a major scientific and technological force, can significantly contribute to revitalising India’s manufacturing sector, creating jobs, and accelerating climate change mitigation efforts. Welcoming partnerships from China, the West, and other regions on Indian soil can foster prosperity and sustainability for all citizens. By leveraging global scientific and technological advancements, India can address climate change and achieve economic growth, ensuring a brighter future for its population.

Related

Tags: Climate Changeeconomic growthEconomic ProsperityGlobal Collaboration
ShareTweetSend
DNB ind News Desk

DNB ind News Desk

  • Trending
  • Comments
  • Latest
Yamaha MT-15 V2.0 launched in India, priced at Rs 1.60 lakh

Yamaha MT-15 V2.0 launched in India, priced at Rs 1.60 lakh

April 12, 2022
Shilpa Shetty to Tejasswi Prakash, These Stars Live Life Queen Size

Shilpa Shetty to Tejasswi Prakash, These Stars Live Life Queen Size

April 15, 2022
Saina Nehwal’s CWG and Asian Games title defense under threat due to THIS reason

Saina Nehwal’s CWG and Asian Games title defense under threat due to THIS reason

April 12, 2022

COVID-19 update: India records 7,579 new cases, 236 deaths in last 24 hours

0

Team India vice-captain Cheteshwar Pujara to carry ‘fearless mindset’ from England into NZ Tests

0

Breaking: Andhra Pradesh Assembly passes resolution, asks Centre for caste-based census of backward classes

0
Raymond Realty shares hit 5% upper circuit level in debut trade

Raymond Realty Shares Hit 5% Upper Circuit Level In Debut Trade

July 1, 2025
Nothing Phone 3 and Headphone 1 India launch today at 10:30PM: Leaked specs, price

Nothing Phone 3 And Headphone 1 India Launch Today At 10:30PM: Leaked Specs, Price

July 1, 2025
India vs England 2nd Test: Nitish Reddy, Washington Sundar likely to play; Jasprit Bumrah, Kuldeep Yadav unlikely

India vs England 2nd Test: Nitish Reddy, Washington Sundar Likely To Play; Jasprit Bumrah, Kuldeep Yadav Unlikely

July 1, 2025
Daily News Broadcast India

Copyright © 2023 Daily News Broadcast India.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • India
    • Politics
    • Business
    • World
  • Entertainment
    • Sports
  • Covid19
  • Business
  • Technology
  • Lifestyle

Copyright © 2023 Daily News Broadcast India.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?