India Energy Transition Summit by Honeywell and CNBC-TV18, addresses the urgent need for nations to adopt stringent measures to control environmental pollution and mitigate climate change. The Intergovernmental Panel on Climate Change (IPCC) has emphasized that limiting global warming to 1.5°C requires rapid, far-reaching changes in all aspects of society. Failure to meet this target could result in severe impacts, including extreme weather events, sea-level rise, and biodiversity loss.

As the world’s third-largest emitter of greenhouse gases, India plays a crucial role in global climate action. The country has set ambitious targets, such as achieving 175 GW of renewable energy capacity by 2022 and reducing the emissions intensity of its GDP by 33-35% by 2030 from 2005 levels. Initiatives like the National Solar Mission, the promotion of electric vehicles, and the Swachh Bharat Abhiyan (Clean India Mission) underscore India's dedication to sustainable development.

Honeywell, with over eight decades of presence in India, is addressing the world’s toughest challenges. The company is at the forefront of inventing and manufacturing technologies that support energy efficiency, reduce greenhouse gas emissions, and promote clean energy. Across the globe, Honeywell is working with customers to deploy game changing solutions that power the production of sustainable fuels, enable the expansion of the hydrogen economy, and scale carbon capture to help industry reach net zero. At the heart of these solutions are connected industrial digital solutions, powered by AI, that improve asset efficiency and drive deeper performance insights.

The India Energy Transition Summit emphasizes the importance of collaboration between policymakers, corporations, and thought leaders. By bringing together diverse stakeholders, this summit aims to create a platform for exchanging ideas, best practices, and innovative solutions to combat climate change. The summit's objectives are to raise awareness, promote innovative solutions, and foster collaboration. This initiative aligns with the UN’s 17 Social Development Goals, particularly SDG No. 13, highlighting India’s commitment to sustainability and Honeywell’s role in helping India achieve its sustainability goals.

Summit Date: 5 September 2024, 4.30 PM Onwards

Venue: Hyatt Regency, Delhi