twenty two billion units of energy, save nine trillion litres of water, reduce waste by three hundred and seventy five million tons, recycle almost one million tons of e-waste and generate around one hundred and seventy million dollars of additional cost savings by 2030. “Further, it will help us reduce the wastage of fifteen billion tons of food. Let me give you a comparison to know how big this is. The global primary crop production in 2020 according to FAO was about nine billion tons”, he elaborated.
Prime Minister Modi emphasized that global institutions have an important role to play in encouraging countries across the world. Referring to the World Bank Group’s proposed increase in climate finance from 26% to 35%, as a share of total financing, he said that the focus of this climate finance is usually on conventional aspects. “Adequate financing methods need to be worked out for behavioural initiatives too. A show of support by the World Bank towards behavioural initiatives such as Mission LiFE will have a multiplier effect”, he concluded.