The US and India are likely to collaborate on a clean technology agenda for 2030 to ensure India meets its target of 450GW renewable energy capacity.
Soon after US special presidential envoy for climate John Kerry called on Prime Minister Narendra Modi, the PM announced on Wednesday that the two countries can collaborate on a 2030 agenda to facilitate affordable access to green technologies and requisite finance.
Kerry also tweeted: “Thank you, @narendramodi, for the productive discussion. India has an ambitious 2030 climate agenda, having set a target of 450GW of renewable energy. Looking for shared solutions to drive progress faster.”
On Tuesday, Kerry said in his address to the South Asia Women in Energy (SAWIE) Leadership Summit that it is already cheaper to build solar in India than anywhere else in the world. “That kind of urgency is exactly what we need to confront global climate change. We are in the decisive decade for action,” he said, adding that he sees India becoming the cleantech hub of Asia.
Under the Paris Agreement, India has three quantifiable nationally determined contributions (NDCs), which include lowering the emissions intensity of its GDP by 33-35% compared to 2005 levels by 2030