{"id":182684,"date":"2022-05-04T20:21:40","date_gmt":"2022-05-04T14:51:40","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=182684"},"modified":"2022-05-04T20:21:40","modified_gmt":"2022-05-04T14:51:40","slug":"green-partners-india-must-integrate-with-eus-renewables-supply-chain-with-access-to-its-technology","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/green-partners-india-must-integrate-with-eus-renewables-supply-chain-with-access-to-its-technology\/","title":{"rendered":"Green partners: India must integrate with EU\u2019s renewables supply chain, with access to its technology"},"content":{"rendered":"\n

Context<\/strong>: The Prime Minister’s visit to Germany, the first leg of his three-nation European tour, has , set the stage for an essential aspect of India\u2019s development pathway.<\/p>\n

Following talks, India’s foreign secretary identified the joint declaration of intent on green and sustainable development partnership as perhaps the most important one.<\/p>\n

–<\/strong> Both countries will create a Green Hydrogen Task Force<\/strong> and Germany will support India\u2019s green growth plans<\/strong> with an additional development assistance of \u20ac10 billion by 2030.<\/p>\n

What is the significance of these developments?<\/h5>\n

These developments need to be seen in a larger context.<\/p>\n

The urgency of mitigating climate change is critical.<\/p>\n

IPCC\u2019s report in 2021 said that the global surface temperature was 1.09 degrees higher in 2011-20<\/strong> than the 1850-1900 baseline. Its consequences are already evident.<\/p>\n

India has contributed of cumulative greenhouse gas emissions between 1850 and 2017. However, with a coastline of about 7,516 km and 17% of the world\u2019s population,<\/strong> it is already at the front line of the fallout of climate change. Therefore, it\u2019s in India’s interest to enhance the use of non-fossil fuel sources for incremental economic growth.<\/p>\n

Achieving Net Zero<\/strong>: At the Glasgow summit India outlined a net-zero commitment by 2070 as India\u2019s overarching aim. It is to be realised through two interrelated steps by 2030 – a)<\/strong> India is to reduce its projected carbon emissions by 1 billion tonnes and b)<\/strong> 50% of its energy needs are to be sourced through renewables. This is where India\u2019s goals tie in with the EU\u2019s vision.<\/p>\n

Having set a net-zero target by 2050, the EU is in the midst of a transition to sourcing most of its energy needs from renewables. Denmark, for example, has already sourced about 32% of its energy consumption in 2020 from renewables.<\/p>\n

What is the long term potential of PM’s three-nation tour?<\/h5>\n

Renewables represent a menu of energy options. In the EU, wind and water provide most of the renewable electricity. This is being complemented by solar.<\/p>\n

Advances in R&D<\/strong> are opening up more options, which also allows countries to de-risk their sourcing of renewable energy.<\/p>\n

It is in this context that India’s PM three-nation tour holds significant long-term potential.<\/p>\n

Way forward<\/strong><\/h5>\n

India needs more than development assistance. It also has to be a part of the EU\u2019s renewables supply chain with access to technology. This trip will lay the foundation.<\/p>\n

Source<\/strong>: This post is based on the article \u201cGreen partners: India must integrate with EU\u2019s renewables supply chain, with access to its technolog<\/strong>y\u201d published in The Times of India<\/strong> on 3rd May 22<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Context: The Prime Minister’s visit to Germany, the first leg of his three-nation European tour, has , set the stage for an essential aspect of India\u2019s development pathway. Following talks, India’s foreign secretary identified the joint declaration of intent on green and sustainable development partnership as perhaps the most important one. – Both countries will… Continue reading Green partners: India must integrate with EU\u2019s renewables supply chain, with access to its technology<\/span><\/a><\/p>\n","protected":false},"author":10328,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10496],"class_list":["post-182684","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704869258},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/182684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10328"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=182684"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/182684\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=182684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=182684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=182684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}