The minister spoke of 3Ds -- De-carbonisation, more decentralisation and greater digitisation.
"With each passing day, we are running out of time and we need to accelerate our efforts in coordination to promote clean energy and reduce greenhouse gas emissions. If we do not address these 3Ds, I am worried that the world might end up decelerating the global economy," Goyal said addressing the 8th World Renewable Energy Technology Congress here.
The minister noted that the past 10-15 years have seen a rapid decline in the quality of atmosphere due to increasing greenhouse gas emissions globally and it has become "probably the largest challenge" today.
"Post the Paris agreement, the world as a whole has recognised that climate change is a serious issue and needs to be addressed globally in a mission mode," the minister added.
It focuses on new green technologies to ensure clean, reliable and affordable renewable power and provides an opportunity and open forum to exchange information, share experiences and best practices by bringing together experts, investors and other stakeholders.