India a 'red-hot Investment opportunity' for its clean energy shift: US

Kerry also lauded Modi's announcement of a target of 450 gigawatts of renewable.

India is actually a red-hot investment opportunity for its clean energy transition, said top US official John Kerry on Thursday while praising Prime Minister Narendra Modi for his commitment to address the challenge created by climate change which the Biden Administration believes poses an existential threat to humanity.
 
The Special Presidential Envoy for Climate said he intends to work "very, very closely with" Indian leadership including Modi and external minister S Jaishankar.
 
"We believe India can be one of the most critical transitional countries in this entire endeavor. I am confident that just as we have worked very closely on any number of issues in these last years, our two nations -- the world's two biggest democracies -- have a great deal to gain from joining hands in our global leadership and confronting the climate crisis to meet this moment," he said.
 
"India is actually a red-hot investment opportunity for its clean energy transition," Kerry, the first official on climate to be inside the US National Security Council, said in his address to the World Sustainable Development Summit 2021.
 
Kerry further said that Modi's announcement of a target of 450 gigawatts of renewable by the year 2030 is a strong, terrific example of how to power a growing economy with clean energy, and it's going to be one of the most important contributions.

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