India

‘India can be key player in energy transition and leader in green hydrogen’, Says IEA executive director Fatih Birol

India can contribute to the global energy revolution in three ways. It needs to raise its voice much louder to highlight successful measures in recent years, such as village electrification, the Ujjwala programme (which provides LPG connections to impoverished households), the LED revolution, and now the solar drive. Many countries can draw inspiration from it.

The second possibility is that it may share its experience in achieving these objectives. When Prime Minister Narendra Modi met US President Joe Biden recently in Washington, the joint statement included a language supporting India’s full participation in the IEA. I am looking forward to India joining the IEA soon. The third is that there are numerous obstacles to overcome.

If India is able to ease the bureaucratic procedures for investment flows, we will see huge international investment flowing into India. The G20 Energy Transition Working Group has agreed on low-cost finance to help with the transition to clean energy. What tangible steps do you believe are required in this regard?

However, practically all of the growth came from industrialised economies and China. We need this worldwide to address climate change. Emissions lack a passport. It is critical that we supply or enable clean energy investments to developing countries, not only ethically but also rationally.

Bharat Express English

Recent Posts

ASEAN-India Alliance: A formidable Force Amidst Shifting Global Dynamics

The bilateral trade between India and ASEAN reached USD 86.9 billion in FY 2020-21, making…

1 year ago

India To Serve As Center For Green Hydrogen

By 2030, there will likely be a demand for more than 100 MMT of green…

1 year ago

How Bhutan’s Cross-Border Railway Connectivity With India Opens New Possibilities

Bhutan is gearing up to establish its first internationally connected cross-border railway with India’s north-eastern…

1 year ago

How Political Stability Under PM Modi Is Rocket-Fuelling New India

Opening his company’s first retail outlets in Mumbai and Delhi in May, Tim Cook, the…

1 year ago

COP28: INDIA’S IMPACTFUL ROLE

India’s robust engagement in COP28 amplifies its powerful message on the world stage. At this…

1 year ago

B20: INDIA’S VISION AND ACTION

The B20’s endeavors are carried out through Task Forces (TFs) and Action Councils (ACs), entrusted…

1 year ago