News Highlight
India and Denmark can show the world that it’s possible to deliver on climate goals: Union minister.
Key Takeaway
- Together, India and Denmark can demonstrate to the rest of the world that ambitious climate and sustainable energy targets are achievable, Union Minister for Environment, Forest and Climate Change stated.
- He spoke at the ‘India-Denmark: Partners for Green and Sustainable Development Conference’ in New Delhi.
- Crown Prince Frederik and Crown Princess Mary of Denmark were in attendance.
India and Denmark: Green Strategic Partnership
- About
- The green alliance aims to provide a framework for increased collaboration in renewable energy, the environment, the economy, climate change, and research and technology.
- A five-year cooperative action plan from 2021 to 2026 was established to implement the “green strategic partnership” finalised last year.
- Statistics
- India is the world’s third-largest CO2 emitter, with carbon emissions expected to increase by 2030.
- Denmark’s government intends to reduce CO2 emissions by 70% by 2030 and to take global leadership on SDG 7 on affordable and renewable energy.
- The two Prime Ministers agreed to upgrade Indo-Danish relations to a Green Strategic Partnership on the 28th of September 2020.
- The two countries finalised a five-year action plan to put their ambitious “green strategic relationship” into action and four agreements to promote green technology collaboration.
- Low-carbon development
- “The five-year action plan focuses on measures to supplement and solidify green and low-carbon growth.“
- Industries included
- Water
- Environment
- Renewable energy sources and grid integration
- Action on climate change
- Circular economy and resource efficiency
- Cities that are both sustainable and smart
- Investments, commerce, and business
The Significance of the Summit
- Make in India get a Boost
- The Made in India project presently involves more than 140 Danish enterprises.
- Defending the Environment
- Danish enterprises with specialised technologies and skills have offered to help India meet its air pollution reduction targets.
- Particularly in the critical area of agricultural stubble burning.
- Green growth
- The agreement aimed at;
- Advancing political cooperation
- Expanding economic relations
- Green growth
- Creating jobs
- Strengthening cooperation on global challenges and opportunities.
- It focuses on an ambitious implementation of the Paris Agreement and the United Nations Sustainable Development Goals.
- The agreement aimed at;
- Promote a multilateral system based on rules
- This includes multilateral solid collaboration to address the critical need to increase global efforts to solve energy and climate change challenges.
- In addition, the International Energy Agency, the International Renewable Energy Agency, and the International Solar Alliance have all pledged their support.
Way Forward
- The collaboration has the potential to be game-changing for India and the region.
- For now, Denmark is India’s only Green Strategic Partnership partner.
- Still, this move towards sustainable development is critical since it can help India reach similar agreements with other nations in the area and beyond.
- The Nordic countries (Norway, Sweden, Iceland, Finland, and Denmark) have a massive economies.
- India and the Nordic countries have considerable bilateral commerce in products and services.
Pic Courtesy: Business India
Content Source: Indian Express