The UN Secretary-General's special envoy for cities and climate change
Michael R. Bloomberg on February 16 sought to strengthen US-India economic
partnership through relaxed US
immigration measures for Indian students and businessmen, and said India
was poised to become a "leader" in clean energy the world could learn
from. Addressing the "Renewable energy- invest 2015: First renewable
energy global investors meet and expo" here, Bloomberg said: "If it
were up to me, our federal government would fix our immigration system so that
Indians who study in the US
could stay in the US
and give back to our economy... Indians who want to do business in the US should
easily be able to get visas." "I have been urging our leaders in Washington, D.C.
to take those steps, and I will continue doing that. The closer the economic partnership
between the two countries, the stronger we both will be," he said. Union
Minister of State for Power, Coal, and New and Renewable Energy Piyush Goyal
sought to project India
as a new destination of investment for renewable energy in view of its
ambitious alternate energy programme with a target of 15 percent of total
generation capacity by 2020. He said the pre-requisite to achieving the target
was to "make it easier to do business (in India), have consistent
policies, ensure our investors that this country is a good place to do
business, have bankable contracts, and rule of law in this country". In
view of India's potential as
the world's fastest-growing economy, Bloomberg said the US is confident of the country's future, adding
that President Barack Obama's January visit to India was of special interest to
business leaders back home. Drawing upon the importance of India's growth imperative along with the urgency
to confront climate change, the three time New York City mayor lauded Prime Minister
Narendra Modi's commitment to balance clean energy goals with "smart economic
growth". Bloomberg recognised that early industrialisers with longest
history of development had the "biggest burdens to bear in confronting
climate change". However, he was quick to add that "all of us, in
every country, have an equal stake in this fight, because our citizens' health and
economic well-being are at risk, regardless of our history, and so all of us
must do our part". He said that while big cities were large contributors
to climate change due to their high emission rate, low-carbon transportation like
the Delhi Metro was a potential solution to reduce congestion and air pollution
while also generating employment. Bloomberg said the large buildings in Delhi require to have
rooftop solar water heaters to help clean the air and "so will the
rickshaws powered by compressed natural gas". "I took one (CNG
autorickshaw) to get here (the summit venue at Ashoka Hotel) and it remind me
of New York
taxi – yellow and green, and fast. Sometimes too fast," he said, sharing
his experience of the ride. "The more India invests in sustainable cities,
the stronger its economy will grow, and there is a great deal that cities can
learn from one another," he said. Underscoring the importance of powering
cities with clean energy, Bloomberg lauded the government's target of
generating 100 gigawatt of solar power across the country by 2020, adding that
the initiative could poise India as "a success story told - and copied -
around the world" if successful. He said Indian business leaders were also
cognizant of the opportunity in the country like Mahindra that sought to triple
its investment in domestic solar power as well as Adani Enterprises's plan to
build a $4-billion-dollar solar equipment manufacturing plant in partnership
with US-based Sun Edison. "All of that investment can help India
keep growing without polluting the air... and it can serve as a model of
sustainable development for other countries," he said. "India's
leadership is helping to show other countries how much is possible by showing
that clean-energy, climate-resilient growth is the path to a brighter
future," he said.