India, Netherlands sign SoI on Decarbonization and Energy Transition Agenda:
The policy think tank of the Government of India, NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on 28 September 2020. The aim is to support the decarbonization and energy transition agenda for accommodating cleaner and more energy.
Highlights:
♦ The agreement aims for a strategic partnership to create a platform which will enable a comprehensive collaboration among stakeholders and influencers, including industry bodies, policymakers, Original equipment manufacturer (OEMs), private enterprises, and sector experts.
♦ The partnership focuses on co-creating innovative technological solutions by leveraging the expertise of the two entities.
♦ It will be achieved through an exchange of knowledge and collaborative activities.
♦ Key elements include:
i) lowering the net carbon footprint in industrial and transport sectors
ii) realise the target potential of natural gas and promote bio-energy technologies
iii) adopt clean air technologies from monitoring to reducing actual particulates
iv) adopt next-generation technologies, such as hydrogen, carbon capture utilization, and storage for sectoral energy efficiency
v) financial frameworks to deliver and adopt climate change finance
♦ The SoI will enhance Indo-Dutch collaboration, and it will successfully work towards achieving the decarbonization and energy transition agenda.
India-Denmark Bilateral Summit; Partners to Work Towards Supply-chain Diversification:
Prime Minister Narendra Modi and his Danish counterpart Mette Frederiksen held a virtual summit on 28 September. The aim is to strengthen the bilateral relations between the two countries.
Highlights:
♦ The leaders signed an MoU in the field of intellectual property cooperation between the two countries.
♦ The virtual bilateral summit provided an opportunity for the two leaders to comprehensively review the broad framework of the bilateral relationship between the two countries
♦ The summit gave broad political direction for a strengthened and deepened collaborative partnership on key issues of mutual interest.
♦ A major outcome of teh summit is joining of the International Solar Alliance (ISA) by Denmark.
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