Major global players in clean energy transition, India and the EU, intend to strengthen their partnership to ease and adapt to the effects of climate change and both to honour the Paris Agreement. Both have issued a Joint Summit Statement on clean energy and climate change.
European Commissioner for climate action and energy Miguel Arias Cañete said: “This first-ever statement is testimony of our highest political commitment to the Paris Agreement and the clean energy transition. Today, the EU and India are joining forces to help put the Paris Agreement into practice and bolster energy cooperation, including new fields of cooperation on energy efficiency, smart grids and low-emissions mobility. By working together, we can make a difference and jointly lead the global clean energy race.”
Both the EU and India see a transition to clean energy as being crucial for the future development of their societies. Their commitments were confirmed under the Paris Agreement, and to build upon this further, both have agreed to step up cooperation in order to enhance its implementation and meet targets. The two currently have ongoing commitment to cooperate on renewable energy, smart grids, energy efficiency and the cost-effective deployment of offshore wind energy in India.
The partnership will be developed further through the facilitation of EU–India business-to-business interaction on the implementation of climate action commitments and clean energy sector. Likewise, they intend to expand cooperation to include other areas such as bio-advanced tools, energy storage, solar pumping and green cooling.