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The relationship between India and the United States will be an important pillar in realising a greener and sustainable future for the world, according to New Delhi’s top envoy here.
India is expected to witness the largest increase in energy demand of any country by 2040. To meet growth in electricity demand over the next 20 years, India will need to add a power system the size of the European Union to what it has now.
“India’s partnership with the United States will be an important pillar in realising a greener and sustainable future for the world,” India’s Ambassador to the US, Taranjit Singh Sandhu, wrote in an op-ed published by the Newsweek magazine on Monday.
“In their national and international efforts to advance climate action, India and the US have been working closely at the bilateral, plurilateral and global levels,” Sandhu wrote.
“In April 2021, India and the US launched the Climate and Clean Energy Agenda 2030 Partnership, with two main tracks—the Strategic Clean Energy Partnership and the Climate Action and Finance Mobilisation Dialogue,” he said.
Through these measures, the two countries seek to mobilise finance and accelerate clean energy deployment, demonstrate and scale innovative clean technologies and build capacities, he added.
As India transitions to gas-based fuels, it is now the fifth largest market for US LNG, he said, adding that through the India-US Low Emissions Gas Task Force, industries of both countries have forged commercial partnerships.
“India and the US are exploring collaboration in advanced high-efficiency coal technologies with low-to-zero emissions through carbon capture, utilisation and storage. Research and development cooperation for solar cell manufacturing and storage is in progress,” he said.
Sandhu wrote that the US financial institutions have announced credit guarantees for India’s small and medium enterprise (SME) sector to deploy rooftop solar capacity.
“The two countries have also launched the India-US Hydrogen Task Force looking at issues ranging from sustainable production of hydrogen to its safe deployment. Use of artificial intelligence models in integrating renewable energy and stabilising power grids offers yet another avenue for cooperation,” he wrote.
Over the past few years, green growth and combating climate change has emerged as one of the core pillars of the India-US relationship.