Sameer Jain, Managing Director, Primus Partners, shares his view on the importance of COP29 in shaping the global response to climate change. He emphasize that climate change is no longer a distant concern but an urgent reality disrupting ecosystems, economies, and communities worldwide. With global temperatures already 1.1°C above pre-industrial levels and projections of an increase beyond 3°C by the end of the century, the need for decisive action has never been greater.

He highlights India’s leadership at the summit, rooted in the ancient principle of Vasudhaiva Kutumbakam (“the world is one family”), which emphasizes collective responsibility. India’s ambitious goals, including achieving 500 GW of renewable energy capacity by 2030, exemplify its dedication to harmonizing economic growth with environmental sustainability.