 So Namaste and a very good evening to everybody, welcome to the high-level event launch for the Green Credit Initiative which is co-hosted by India and the United Arab Emirates. It's our honour and privilege that we are joined today by the Honourable Prime Minister of India, Sheena Rehndra Modi and His Excellency, Excellency Ush Pristashan, Prime Minister of Sweden, Excellencies, Dignities, Ladies and Gentlemen. The Green Credit Initiative is framed to encourage and incentivise the proactive efforts of organisations, corporate entities and individuals dedicated to plantation activities in promoting sustainable practices on a global scale. This initiative involves recognising voluntary efforts towards greening this planet in the form of green credits. This concept can be adopted by all countries and further developed according to their requirements. The video being played right now will serve to provide the context and information about this initiative. Please, in this special event, I welcome all of you, I request you all to sit down, the people behind you will be able to take a selfie later. My brother and the President of the United Arab Emirates, His Highness Sheikh Mohammed Bin Jaij, I request you all to stand up for him, and to come here with us, to spend some time and to meet his support. This is a very important thing for me. I am very happy to co-host this event with him. I, the President of Sweden, I would like to thank Ush Pristashan for his initiative. Friends, I have always felt that the role of carbon credit is very limited, and this philosophy is influenced by a commercial element in a way. I have seen a lot of influence of a social responsibility in the state of carbon credit. We will have to give strength to new philosophies in a holistic way, and this is the basis of green credit. In a human life, we experience three types of things in a normal way. Even in our own life, the people we see, we see a lot of things in our nature. One is nature, and a tendency. The other is agriculture, and the third is culture. One nature is a natural tendency, which says that I will not harm the environment. This is its tendency. One is agriculture, a destructive mindset, which thinks that whatever happens to the world, whatever happens to the future generation, whatever happens to the loss, it is my benefit. In the future generation, we will develop a culture of our own, only then will nature and the environment be able to protect us. In the way we give importance to the health card in our life, we see what is your health card, what is your health report, what is your regular health card. We are conscious. We try to have a positive point in it, and in the same way, we should also start thinking in the context of the environment. We will have to see what is the positive point in the health card of the earth. And this is the green credit according to me, and that is the basis of my green credit. We will have to think in our dreams that how will green credit be connected to the health card of the earth. For example, let me give you an example of the degraded Westland. If we go from the concept of green credit, then first, the de-graded Westland will be made inventory, then the use of the earth will be done for voluntary plantations. And then, for this positive action, the green credit will be given to the person or the society. This green credit will be helpful in the future expansion, and it can be tradable. The whole production of green credit will be digital, whether it is registration, whether it is plantations, verification, or whether it is about green credit. And this is just a small example I have given you. We will have to work together on such unant ideas. That is why we are launching a global platform today. This portal will collect ideas, experiences, and innovations related to plantations and infrastructure. And this knowledge will help in shaping the global demand of green credit, Friends, it is said here that production is protection. That means production protects what protects the production. From this point of view, I would like to say that together with this initiative, for this earth and for our future generations, I would like to present a greener, cleaner and better future. I would like to thank the President of Mozambique, who has come and joined us. Once again, I would like to thank all of you for joining us in this forum. Prime Minister, for your inspiring and very motivating works, we resolved to work hard to take your initiative ahead in the coming days. I take this opportunity also to welcome the President of Mozambique, His Excellency, Mr. Philippe Nayusi. Now I invite His Excellency, Ulf Christiansen, Prime Minister of Sweden, to deliver his remarks. Thank you so much, Excellencies, ladies and gentlemen, distinguished colleagues. We would like to thank our hosts and their colleagues of India for this invitation to this event on enhancing climate action. Indeed, there are a large number of organizations, corporate entities and individuals who want to contribute to securing our future environment. In light of both the urgency and the opportunities of climate transition in our societies, we see the Green Credit Initiative as a promising additional tool to enhance climate action. The Green Credit Initiative could lower the thresholds and show how both companies, authorities and people can take concrete action. Through the Swedish Initiative, the Climate Leap, we know that supporting action really can make a big difference. Since 2015, this climate leap, we have financed over 5,000 collected actions for climate mitigation. Together, these actions have reduced the climate emissions with 3.3 million tonnes per year. The cost is less than US$35 per tonne. The largest reduction in emissions as a result of the climate leap are expected within transportation, waste management and biogas production, similar to the focus areas of the Green Credit Initiative. So we welcome this dialogue by India to promote global partnerships, cooperation and engagement through exchange of knowledge, experiences and best practice. We already share experiences of fruitful collaboration through lead-it, and we are looking forward to enhancing climate action together with others who also realize both urgency and possibility. We look forward to take more climate action together. Thank you so much. Thank you, Excellency, for his incisive and very encouraging words. I now invite his Excellency, Mr. Philippe Niusi, to deliver his remarks. Thank you, sorry, my dear friend and brother Moody. You know, I'm from Gujarat. Namaste. In this list, Narendra Modi, the Prime Minister of India, Excellency Z of State and Government. Ladies and gentlemen, I thank both President Sheikh Nayyan and the Prime Minister, Bohor Modi, for inviting Mozambique to this Ayah level event on the Green Credit Initiative. Mozambique is very committed to protest forest ecosystem because of the benefits of humankind. In Mozambique forest, ecosystem play a critical role for the life of our people because many of our people live in rural areas and depend on forest natural resources. Your Green Credit Initiative is aligned with Mozambique Initiative of Sustainable Management of the Miombo Forest. The Miombo Forest Initiative was formally endorsed by the Maputo Declaration last year, together signed by 11 countries in the Seric region, namely Mozambique, Angola, Botswana, DRC, Congo, Malawi, Namibia, South Africa, Tanzania, Zimbabwe. The Miombo is the largest tropical forest ecosystem and it is home of more than 300 million population. We are here to support this Green Credit Initiative and also to ask you to accept Mozambique Initiative on the Miombo Forest as part of this larger initiative by India and United Arab Emirates. In partnership with the International Conservation Foundation, the ICCF, Mozambique will host an international conference on the Miombo Forest next year in April in Washington, DC to mobilize funding and international collaboration. I'd like to invite Prime Minister Modi, President Narayan and all dignitaries to join us in that conference. I'd like also to ask that Miombo Forest Initiative be included on the Global Green Credit Web Platform that is going to be launched here in this forum. Thank you for your attention. Your Excellency, for your very insightful comments. I now invite His Excellency Charles Michel, President of the European Council, to deliver his remarks. My dear Prime Minister Modi, dear President, Prime Minister, Excellencies, ladies and gentlemen, dear friends, it's a great pleasure, it's an honor to be today with you and I would like to commend, dear Prime Minister Modi, your personal role in chairing the G20. The G20 is an important multilateral body. We were together in your beautiful country a few months ago and you have seen how with your leadership it is possible to make progress in the right direction. You know that the European Union made a very important choice about four years ago when we decided to make Europe the first neutral continent by 2050. This is a very ambitious goal, but we made this decision because we are absolutely convinced that it is our responsibility to prepare the future. It's our responsibility to address climate change. It's our responsibility to mobilize all our efforts to make sure that we will protect the humanity. And on that point, I know that you are all of us exactly on the same page. That's why it is good to join you today to discuss this important topic of green trade. Because strong climate action, we try strong climate financing and this financing will not come from one source alone. We must find new and innovative ways to mobilize more financing and to find more sources of income. And that's why I want to be very clear we welcome these innovative initiatives of our partners because green credits are a great idea to incentivize environmental efforts. But in our opinion, we should also keep three key principles in mind to ensure they have a positive impact on climate action. The first one is the system should be robust with a high degree of integrity and transparency. Second, green credits must lead to emission reduction. And third, they cannot be cheap offset schemes that hurt the environment in the long run and you can count on the EU to support developing countries working to decarbonize their societies. We want to be a reliable and credible global partner. Finally, ladies and gentlemen, I would like to add that the European Union is fulfilling its commitment regarding the €100 billion needed for the developed countries. This is a promise we made many years ago and we are fulfilling on the EU side this very important promise. Second point, loss and damage. You remember that the EU was one of the first countries supporting this idea when it was put on the table. And third point, I would like to use this opportunity because I am absolutely convinced that we have a problem. Ladies and gentlemen, with the Bretton Woods institutions, World Bank and IMF. Because those institutions are not prepared for the new world for the new challenges we face and that's why the EU is committed to working with all of you to reform those institutions. And I see two important challenges. The first one is to make sure that those institutions have the financial means they need to help and to support the developing countries. So the developing countries do not have the responsibility to choose being fighting poverty on the one hand and going green on the other hand. Point one, it should be a priority for all of us. For instance, you know that in comparison with 70 years ago, the World Bank is seven times less capitalised. It is showing something about what we need to do in the future. And finally, those institutions would be much more inclusive. They do not reflect the reality of the world we live in. Again, we can't count on the EU. We believe in the multilateral approach because this is the European DNA. We believe in working together to address current challenges in a respectful way. Thank you, Prime Minister Modi, for bringing us together today. You can count on the European Union. Thank you for your leadership. Thank you, Excellency, for your very enthusiastic support and your decisive remarks. A web platform has also been created to promote global partnerships, cooperation and engagement through the exchange of knowledge, experiences and best practices in policy, planning and implementation of environment positive actions through programs and mechanisms like green credits. This web platform will serve as a repository of policies and best practices that incentivise environmentally friendly actions and that will catalyse the exchange of knowledge and experiences related to policies, programs and practices that promote afforestation activities. I would like to request the Honourable Prime Minister of India to launch the web portal. Thank you all the esteemed dignitaries and excellencies for your participation in launching the portal. Honourable Prime Minister, your Highness, your Excellencies, thank you very much for gracing this occasion. We now conclude this event. Thank you so much.