After assuming the grouping’s presidency, India poised to steer G20 conversation towards transition to e-mobility, zero emission economies
The G20 nations represent 85% of the global GDP and 75% of trade worldwide, and in most of them, the trucking sector is central to the country’s economic growth as it fulfils the daily needs of business and consumers by moving most of the freight.
In a fast developing economy like India, the freight transportation sector moves 4.6 billion tonnes of goods annually at present. In this context, the G20 grouping also is central to issues related to the decarbonisation of freight and trucks, which despite accounting for only 4% of the on-road fleet globally, are responsible for 27% of the greenhouse gas emissions.
As India hosts a series of meetings on various sectors, including logistics, after assuming presidency of the powerful grouping from December 1, 2022, to November 31, 2023, it can play a crucial role in steering the G20 to act as an anchored pillar to encourage and facilitate global efforts towards Zero Emission Truck (ZET) transition, given the toll they take on the environment and health of citizens.
It is time for the members of the intergovernmental forum, which represent about two-thirds of the world population, to mobilise finance, deploy suitable charging or refuelling infrastructure and promote research innovation as well as knowledge exchange to foster the ZET ecosystem in G20 countries.
The G20 nations represent 85% of the global GDP and 75% of trade worldwide, and in most of them, the trucking sector is central to the country’s economic growth as it fulfils the daily needs of business and consumers by moving most of the freight.
In a fast developing economy like India, the freight transportation sector moves 4.6 billion tonnes of goods annually at present. In this context, the G20 grouping also is central to issues related to the decarbonisation of freight and trucks, which despite accounting for only 4% of the on-road fleet globally, are responsible for 27% of the greenhouse gas emissions.
As India hosts a series of meetings on various sectors, including logistics, after assuming presidency of the powerful grouping from December 1, 2022, to November 31, 2023, it can play a crucial role in steering the G20 to act as an anchored pillar to encourage and facilitate global efforts towards Zero Emission Truck (ZET) transition, given the toll they take on the environment and health of citizens.
It is time for the members of the intergovernmental forum, which represent about two-thirds of the world population, to mobilise finance, deploy suitable charging or refuelling infrastructure and promote research innovation as well as knowledge exchange to foster the ZET ecosystem in G20 countries.
