NITI Aayog and World Resources Institute India Jointly Launch ‘Forum for Decarbonizing Transport’

Source: PIB

What is the News?

NITI Aayog and World Resources Institute(WRI), India jointly launched the ‘Forum for Decarbonizing Transport’ in India as part of the NDC-Transport Initiative for Asia (NDC-TIA) project.

About Forum for Decarbonizing Transport:

1. The forum will be a one-stop platform for initiating dialogues between the stakeholders and partners that will help in achieving specific results in reducing emissions from the transport sector.
2. It will work in close coordination with all the stakeholders to formulate strategies and develop appropriate business models to accelerate electric mobility in India.

Significance of this Forum:

1. In India, transport is the third most CO2 emitting sector with road transport contributing to more than 90% of total CO2 emissions.
2. The Indian government through its various policies is promoting decarbonization of transport with a major focus on electric mobility. 
3. Hence, a coordinated effort like this forum will help enable investment, encourage adoption, and ensure fair operation in the EV industry.

About the NDC-Transport Initiative for Asia (NDC-TIA) project:

1. NDC-TIA is a joint programme of seven organisations that will engage China, India, and Vietnam in promoting a comprehensive approach to decarbonizing transport in their respective countries.
2. Supported by: It is supported by the International Climate Initiative (IKI) of the German Ministry for the Environment and Nature Conservation and Nuclear Safety (BMU).
3. NITI Aayog is the implementing partner for the India component of the project.