India sees narrowing gap between clean energy, coal power
India has achieved an unexpected benefit on the energy front during this Covid-19 pandemic phase. The gap between the share of renewables and coal-fired power in India’s electricity generation sector has narrowed more than ever before. The share of renewables increased from 17 % just before the pandemic to almost 24 % and coal-fired power declined from 76 % to 66 %,” said energy analysts of International Energy Agency (IEA) in their note on India’s energy sector. IEA is of the view that the clean energy transition is good, both for the economy and the environment of India, the world’s third-largest energy consumer.
The Leaders held the 15thIndia-European Union Summit on the 15th July 2020. They endorsed this "India-EU Strategic Partnership: A Roadmap to 2025” as a common roadmap to guide joint action and further strengthen the India-EU Strategic Partnership over the next five years. In a complex international environment, the Republic of India and the European Union, both "unions of diversity", sharing values of democracy, rule of law and human rights, are equally convinced of the necessity to preserve the rules-based international order and effective multilateralism. India and the EU have a common interest in each other's security, prosperity and sustainable development. They can contribute jointly to a safer, cleaner and more stable world. They therefore endeavour to develop further their Strategic Partnership, based on this Roadmap.
The five-year project will design a tailor-made transport emissions assessment framework for India. The NITI Aayog and the International Transport Forum (ITF) of Organization for Economic Co-operation & Development (OECD), have jointly launched a project aimed at decarbonizing India’s transport sector. The program, Decarbonizing Transport in Emerging Economies (DTEE), is a collaboration between the ITF and the Wuppertal Institute, supported by the International Climate Initiative of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety.