Indo – US Clean Energy initiatives

Indo – US Clean Energy initiatives




Prime Minister of India and US President launched the India US Clean Energy Agenda 2030 partnership at the leaders summit on climate hosted by the US

Key points-

  • The two-day event will feature 40 head of states
  • A set  of 101 Nobel Laureate including the Dalai Lama urged in a letter to the summit attendance to take action against the use of fossil fuels 
  • The partnership will proceed along to main tracks which will build on and subsume a range of existing processes
  • Strategic Clean Energy partnership
  • The climate action and Finance mobilization dialogue 
  • It aims to demonstrate how the world can alliance with climate action with inclusive and resilient economic development taking into account National circumstances and sustainable development priorities
  • These steps will set America on a path of net zero emissions economy by no later than 2050

India US commitments

  • The US pledged to cut emission by 50- 52 % of its 2005 levels by 2030. This is double the 2015 goals set by former President Barack Obama.
  • The US joined the Paris agreement three month ago after the former President’s decision to leave the multilateral forum made it the only country in the world to do so.
  • The US will double its public climate financing development to developing countries and triple public financing for climate application in developing countries by 2024 
  • Despite development challenges India has taken many bold step on Clean Energy, energy efficiency, deforestation and biodiversity
  • India also encourages Global initiative such as the international solar alliance and the coalition for disaster resilient infrastructure

-Khyati Khare

Download Daily Current Affairs of 20th May 2021

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