WHY IN THE NEWS?

Union Minister for Power and New & Renewable Energy, R. K. Singh met Minister for Climate, Energy & Utilities of Denmark, Dan Jorgensen in New Delhi.

About:

• During the meeting, it was highlighted that energy transition towards green is an important part of India’s policy.
• India has set a target of 450 Giga Watt of Renewable Energy capacity by 2030.
• Currently, India’s whole renewable energy portfolio is at 146 GW.
• Minister noted that, among G-20 countries, only India’s actions are in consonance with the Paris Climate Agreement with respect to the global rise in temperature.
• India is also looking towards making Ladakh, Andaman Nicobar Island and Lakshadweep Island green in energy and transport.
• Both the ministers jointly launched ‘Centre of Excellence on Offshore Wind’ under the Green Strategic Partnership.

Green Strategic Partnership

India and Denmark launched the Green Strategic Partnership in the year 2020 to deliver the sustainable solutions in India. For this, Ministry of Commerce & Industry signed a Memorandum of Understanding (MoU) for Intellectual Property (IP) Cooperation with Denmark. Green Strategic Partnership focuses on expanding green growth, economic ties and cooperation on global challenges like climate change.

What is green growth?

Green growth is the path of economic growth which uses natural resources in a sustainable manner.

Key points of Green Strategic Partnership

• Under the partnership, Danish companies with niche technologies and expertise offered to help India to meet its air pollution control targets.
• It also provided mechanism to deal with the Covid-19 pandemic and cooperation in water efficiency & water loss.