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Ministry of Happiness:
India’s Ministry of New and Renewable Energy has stated that the country which was mostly relying on energy coming from coal burning and burning of fossil fuels and some parts with hydro electric, has ” focussed programmes for capacity addition and accelerating the energy transition” to make the country more greener. Mr. R. K. Singh, Hon’ble Cabinet Minister of Power ,New and Renewable Energy and his team held a virtual meeting on the 3rd May,2022, with major German energy companies and German officials about their expansion in India to set up plants for renewable and sustainable energy solutions. This meeting is expected to help India to achieve a great part of Green Energy Solutions of which it is planning to achieve by 2030.
German Pledge to Help India:
The meeting has a certain connection with Indian Priminister’s visit to the German chancellor and Germany’s commitment to help India to achieve climate targets set for 2030. The help includes achieving the mission to a shift of 50% of energy production from renewable sources and installation of technology and tools to get of 50,000 MW of electricity from non- fossil sources like wind or solar power.
According to the joint statement issued after the 6th India-Germany Inter Governmental Consultations in Berlin on the 2nd May,2022, both the leaders ” stressed that the economic recovery (post pandemic) should further build a more resilient, environmentally sustainable, climate friendly and inclusive future for all in line with the 2030 Agenda for Sustainable Development and the national commitments by both countries under the Paris Agreement”
Renewable Energy Partnership:
Germany , according to the statement has agreed to ” Establish an Indo- German Renewable Energy Partnership focussing on innovative solar energy and other renewables, including the associated challenges for electricity grids, storage and market design to facilitate a just energy transition.The partnership would also support of a circular economy for solar technologies. Germany expressed it’s intention to provide financial and technical cooperation including concessional loans of up to 1 billion Euro from 2020 to 2025 depending on high quality project preparation and the availability of funds.”
Sustainable Management of Nature:
Germany will also help India to establish “Agroecology and Sustainable Management of Natural Resources”. It is aimed at to benefit the rural population and small-scale farmers in India in terms of income, food security, climate resilience, improved soil, biodiversity, forest restoration and water availability. Germany will provide an additional loan of 300 million Euros with technical help for this.
India Commits for Green Future:
The joint statement issued by India and Germany is also focussing on many other aspects of Natural restoration and prevention of climate change aims.The partnership is hoped to create a certain framework of Indian venture to acknowledge the UN Decade on Ecosystem Restoration 2021-2030. India’s commitment to achieve carbon neutrality before 2070 seems not a very impossible target at all.
(Featured image courtesy:Jackson group)
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