The United States and India have launched the “U.S.-India Climate and Clean Energy Agenda 2030 Partnership.”
- According to the White House, both the United States and India have set ambitious 2030 targets for climate action and clean energy. In its new nationally determined contribution, the United States has set an economy-wide target of reducing its net greenhouse gas emissions by 50–52 percent below 2005 levels in 2030.
- As part of its climate mitigation efforts, India has set a target of installing 450 GW of renewable energy by 2030.
- The Partnership will aim to mobilize finance and speed clean energy deployment; demonstrate and scale innovative clean technologies needed to decarbonize sectors including industry, transportation, power, and buildings; and build capacity to measure, manage, and adapt to the risks of climate-related impacts, said White House.
- The current installed renewable energy generation capacity stands at 94 GW and about 34 GW is under various stages of implementation and 30 GW under various stages of bidding. Additionally, 46.2 GW of hydro and 6.8 GW of nuclear capacities are also currently online.
