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Ecology & Environment
Pradeep Kumar

23/04/21 10:00 AM IST

Climate partnership with U.S

In news

Prime Minister Narendra Modi announced that India and the U.S. were launching an energy and climate partnership during U.S. President Joe Biden’s Leaders Summit on Climate

Highlights
  • These can also help other developing countries, who need affordable access to green finance and clean technologies.
  • Its goal would be to “mobilise finance and speed clean energy deployment; demonstrate and scale innovative clean technologies needed to decarbonise sectors, including industry, transportation, power, and buildings; and build capacity to measure, manage, and adapt to the risks of climate-related impacts.
  • The partnership will proceed along two main tracks: the strategic clean energy partnership and the climate action and finance mobilisation dialogue, which will build on and subsume a range of existing processes
Below 2 degrees Celsius
  • NDCs or Nationally Defined Contributions are targets defined by each country to help achieve the Paris Agreement’s objective of keeping global warming to considerably below 2 degrees Celsius, preferably 1.5 degrees Celsius.
  • India is targeting a 2030 GDP emissions intensity ( i.e., volume of emissions per unit of GDP) that is 33%-35% below 2005 levels.
  • It also seeks to have 40% of power generated from non-fossil fuel sources by 2030.
Source: The Hindu

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