CERAWeek Global Energy and Environment Leadership Award

• 08 Mar 2021

Why in News

The Prime Minister of India was conferred with the Global Energy and Environment Leadership Award by Cambridge Energy Research Associates (CERA).

• He was awarded for his commitment to expanding India's leadership in sustainable development to meet the country's, and the world's, future energy needs.
• He addressed the CERAWeek conference and highlighted the steps taken by India to address the issue of climate change and attaining the target of achieving clean fuel.

Key Points

• About the CERAWeek Global Energy and Environment Leadership Award:
  
  • The Award was instituted in 2016.
  • It recognises the commitment of leadership on the future of global energy and environment, and for offering solutions and policies for energy access, affordability and environmental stewardship.
• Cambridge Energy Research Associates (CERA):
  
  • It is a consulting company in the United States that specializes in advising governments and private companies on energy markets, geopolitics, industry trends, and strategy.
• CERAWeek:
  
  • It was founded in 1983 by Dr. Daniel Yergin.
  • It is an annual energy conference, organized in Houston (USA) in March, since 1983.
  • CERAWeek by IHS Markit is the annual international gathering of energy industry leaders, experts, government officials and policymakers, leaders from the technology, financial and industrial communities - and energy technology innovators.
  • CERAWeek 2021 was convened virtually from 1^st-5^th March, 2021.
    
    • Theme: The New Map: Energy, Climate, and Charting the Future.
• Highlights of PM Address:
  
  • The Prime Minister in his address discussed the key initiatives taken by India to attain climate justice:
    
    • National Hydrogen Mission,
    • PM KUSUM,
    • Bharat - 6 emission norms,
    • Give It Up Subsidy Movement,
    • SATAT initiatives,
    • Blending of ethanol,
    • Modern techniques of irrigation,
    • Organic farming,
    • International Solar Alliance,
    • India’s commitment towards the Paris Climate Accord, and
    • Talked of Mahatma Gandhi’s Principle of Trusteeship.
      
      • At the core of Trusteeship is collectivism, compassion and responsibility.

Source: PIB