Sign In
Learn bits
World Affairs, Schemes & Policies
Mahesh

07/03/23 08:55 AM IST

India, Japan to improve bilateral cooperation towards clean energy transition

In News
  • Japan plans to provide support to India to drive the transition to clean energy, expanding a programme it launched last year for Southeast Asian nations.
  • Japan’s Asia Energy Transition Initiative (AETI), launched in 2021, initially supported the Association of South East Asian Nations (ASEAN) countries towards achieving net zero emissions, including financial assistance of $10 billion for renewable energy.
India-Japan Clean Energy Partnership
  • Cooperation under this partnership will build on the work already being covered out by the two sides under the foundation of the 'India-Japan Energy Dialogue' established in 2007 and will substantially expand the areas of collaboration for mutual benefit.
  • The initiative was launched on the occasion of the 14th India-Japan Annual Summit being held in New Delhi.
  • India and Japan have now taken over the presidentship of G20 and G7, respectively and for India, Lifestyle for Environment (LiFE) is one of the most important priorities during the G20 presidency.
  • India has set an ambitious target of achieving net zero by 2070.
  • Japan has initiated a goal of becoming net zero by 2050.
  • The countries are utilising new technologies and economic models that would help reduce emissions.
Source- DTE

More Related Current Affairs View All

15 Nov

Government issues guidelines to curb misleading ads by coaching centres

'The central Government issued new guidelines aimed at curbing misleading advertisements by coaching institutes, specifically prohibiting false promises such as "100 per cent selec

Read More

15 Nov

Janjatiya Gaurav Divas

'Every year on November 15th, Janjatiya Gaurav Divas is celebrated to honor the contributions of these communities, especially in India’s freedom struggle.' 5th November

Read More

15 Nov

Supreme Court’s order on mandatory accessibility standards

'A bench of the Supreme Court last week ordered the Union government to frame mandatory rules for ensuring the accessibility of public places and services to persons with disabilit

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps