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India & USA Signs MoU To Enhance Cooperation on Energy Security, Clean Energy & Climate Change

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India & USA Signed Memorandum of Understanding to Enhance Cooperation on Energy Security, Clean Energy & Climate Change.

A Memorandum of Understanding ( MoU) between the Government of India and the Government of the United States of America was signed to enhance cooperation on energy security, clean energy and climate change

Delegates:                                            India-US

P.K. Pujari, Secretary, Ministry of Power, Government of India

Richard R Verma, US Ambassador to India

Points Delivered by P.K. Pujari:

  1. The two nations are working towards in the areas and signed MoU will help further to expand the horizon
  2. It will provide framework to work closely and to create a positive environment for US companies functioning in India

Statement by Richard R Verma:

Memorandum of Understanding will provide capacity for cooperative work which needs to be done in fields of energy security, clean energy and climate change.

Objectives:

  1. To enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement
  2. Promotion of sustainable growth
  3. Intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer and deployment of clean energy technologies in both countries
  4. Contribute to a global effort to reduce the rise in greenhouse gas emissions
  5. Enhance flexibility to the impacts of climate change

Initiatives:

  • US – India Energy smart Cities Partnership
  • Greening the Grid
  • Promoting Energy Access through Clean Energy (PEACE) expansion
  • Energy Efficiency including space cooling
  • Renewable energy
  • Energy security
  • Clean energy finance
  • S-India partnership for Climate Resilience
  • Air quality
  • Forestry, Landscapes and Reducing Emissions from Deforestation and Forest Degradation
  • Fellowships
  • Accelerating innovation on clean energy and climate change