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    US, India launch clean energy partnership

Summary

The partnership envisages bilateral cooperation in the current decade to meet the goals of the Paris Agreement.

by: Shardul Sharma

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US, India launch clean energy partnership

At the Leaders Summit on Climate, the US and India launched a new high-level partnership, the US-India Climate and Clean Energy Agenda 2030 Partnership, the US state department said on April 22.

The partnership envisages bilateral cooperation in the current decade to meet the goals of the Paris Agreement. The partnership will proceed along two main tracks: the Strategic Clean Energy Partnership, co-chaired by US secretary of energy Jeniffer Granholm, and the Climate Action and Finance Mobilisation Dialogue, co-chaired by special presidential envoy for climate John Kerry.

The announcement follows the visit by Kerry to India, where he and prime minister Narendra Modi affirmed that the US and India would collaborate on a 2030 agenda for clean technologies and climate action.

Both the US and India have set ambitious 2030 targets for climate action and clean energy. The US has set an economy-wide target of reducing its net greenhouse gas emissions by 50–52% below 2005 levels in 2030. As part of its climate mitigation efforts, India has set a target of installing 450 GW of renewable energy by 2030.

Through the partnership, the US and India are firmly committed to working together in achieving their ambitious climate and clean energy targets and to strengthening bilateral collaboration across climate and clean energy,” the state department said.

The partnership will aim to mobilise finance and speed clean energy deployment; demonstrate and scale innovative clean technologies needed to decarbonize sectors including industry, transportation, power, and buildings; and build capacity to measure, manage, and adapt to the risks of climate-related impacts.

Through this collaboration, the US and India aim to demonstrate how the world can align swift climate action with inclusive and resilient economic development, taking into account national circumstances and sustainable development priorities,” the state department added.

India and the US will also soon launch a task force on hydrogen under the Strategic Energy Partnership between the two countries, US deputy secretary of energy, David Turk told the Hydrogen Economy - New Delhi Dialogue 2021 last week.