Decarbonization and Energy Transition Agenda

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.