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Decarbonization and Energy Transition Agenda

  • October 1, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Subject: IR

Context:

NITI Aayog and Embassy of the Netherlands signed a Statement of Intent (SoI) to support the decarbonization and energy transition agenda for accommodating cleaner and more energy.

Concept:

  • The focus of the partnership is on co-creating innovative technological solutions by leveraging the expertise of the two entities.
  • This 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.
  • Through this collaboration, NITI Aayog and the Dutch Embassy seek a strategic partnership to create a platform that enables a comprehensive collaboration among stakeholders and influencers, including policymakers, industry bodies, OEMs, private enterprises, and sector experts.
Decarbonization and Energy Transition Agenda IR

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