Ambition to Impact: Opportunities for Global Collaboration in India’s Clean Energy Economy

TBB BUREAU

NEW DELHI, SEPT 25, 2021

A special event on ‘Ambition to Impact: Opportunities for Global Collaboration in India’s Clean Energy Economy’ at the United Nations High-Level Dialogue on Energy (HLDE) 2021 was co-organised by the Union Ministry of New and Renewable Energy; the Permanent Mission of India to the UN at New York, and the Council on Energy, Environment and Water (CEEW) on Friday.

The webinar showcased India’s efforts to achieve the 2030 Sustainable Development Agenda through a citizen-centric energy transition and focused on enhancing the speed of India’s clean energy deployment through global collaboration. It discussed the multilateral efforts required for this transition through conducive international policies, co-development of technologies, pooled finances for demonstrations, and investments to create markets and scale up deployment.

Delivering the keynote address, Union Minister of State for New and Renewable Energy, and Chemicals and Fertilizers Bhagwanth Khuba noted that India is well on track to achieve its Paris Agreement NDCs of 40 per cent installed power capacity from non-fossil sources and reduction of emissions intensity of its GDP by 33-35 per cent over 2005 levels by 2030.

Gracing the event, the Ambassador of Brazil, André Aranha Corrêa do Lago and the Ambassador of Denmark Freddy Svane expressed strong support for India’s clean energy and climate action initiatives. Both dignitaries talked about ways of strengthening bilateral cooperation with India with targeted focus in the field of renewable energy. Both Brazil and Denmark are UN Global Champions for Energy Transition

TS Tirumurti, Ambassador and Permanent Representative, Permanent Mission of India to the UN, in a video message, said that India is aiming to deliver universally accessible and sustainable energy at rational prices through several citizen-centric measures. He also noted that India is constantly engaging with international communities through global initiatives to achieve its targets.

Indu Shekhar Chaturvedi, Secretary, MNRE spoke about India’s renewable energy achievements and the roadmap for future ambitions.

The event also featured a presentation and a documentary on the energy compacts submitted by the Government of India and other partners from the public and private sectors from India to the United Nations. Apart from the Government of India, Energy Compacts have been submitted by a wide range of Indian stakeholders, including utilities, Smart Cities, and corporates from the bio-energy, renewable energy, power, e-mobility, telecom, consumer goods and FMCG, food, cement and hard-to-abate sectors.