GS Advance Program for UPSC Mains 2025, Cohort - 1 Starts from 24th October 2024 Click Here for more information
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:
- 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.
- 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:
- In India, transport is the third most CO2 emitting sector with road transport contributing to more than 90% of total CO2 emissions.
- The Indian government through its various policies is promoting decarbonization of transport with a major focus on electric mobility.
- 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:
- 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.
- 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).
- NITI Aayog is the implementing partner for the India component of the project.