Mission Innovation CleanTech Exchange

Why in News ?

• India launched a global Initiative ‘Mission Innovation CleanTech Exchange’ with the aim of creating a network of incubators in member countries to boost clean energy innovation.
  • About:
• Mission was launched virtually at “Innovating to Net Zero Summit, 2021″ organised by Chile.
• It will provide access to expertise and market insights that are required to support new technologies in order to access new markets across the world.
• A total of 23 governments participated, out of which India launched new plans to prompt action and spearheaded decade of innovation so that it could navigate worldwide investment in clean energy research, development and demonstration.

Aim of the Mission

Mission was launched with the aim of making clean energy affordable, attractive and accessible for decades and to escalate action towards Paris Agreement & net-zero emissions.