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US and India Ink Partnership for Climate Change

The new US-India Partnership is a critical step of the two nations to take decisive action against climate change from 2020 to 2030. A top official said that, the cooperation is a central pillar for the relationship. U.S. Special Presidential Envoy who recently visited India on discussing about taking crucial actions against climate change with his Indian counterpart Bhupendra Yadav launched a climate change action. Both the countries agreed to work on developing strategies and implementing solutions to decarbonise the energy intensive sectors.

Both the countries will also contribute in terms of finance for transitioning the energy intensive sectors to clean technologies and fuels. The Partnership aims to develop a resilient infrastructure to mitigate the extreme climatic conditions experienced now.The dialogue between the two nations is their effort under the US-India Climate and Clean Energy Agenda 2030 announced by US President and Indian PM in April.

The agenda shows how cooperation for the climate change is the central pillar for relationship among the two nations. Many companies are focusing on undertaking projects of renewable energy towards 450-gigawatt goal. Investors are investing heavily clean energy transition on a global basis. Investments in clean energy are seen rebounding in the post pandemic world.

The new Partnership puts forward numerous opportunities for the two countries for expanding their bilateral relationship in terms of trade, clean energy products and services which could benefit both the economies.Besides deploying renewable energy, the two countries will also work scaling emerging technologies to help meet the NetZero transition goal.

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