Green transition, net zero goal: India, Finland explore tie-up & More News Here

Senior Niti Aayog officers met with a high delegation from Finland to debate the Scandinavian nation’s choices within the inexperienced power sector and explore potential partnerships for India’s inexperienced transition and decarbonisation efforts, together with sharing of sources like know-how and funds, The Indian Express has learnt.

In a gathering held Tuesday, Mika Lintilä, Finland’s Minister for Economic Affairs, is learnt to have mentioned Finnish choices in power and associated sectors together with grid balancing and grid stability, biofuels, inexperienced hydrogen, power storage and waste-to-energy, amongst different issues.

The assembly passed off a day after Lintilä had met Science and Technology Minister Jitendra Singh. “Finland has a lot of experience in transitioning to green energy. At the meeting, we discussed sharing technology, finances and Finland’s experience in reaching net zero by 2035, which is much ahead of us,” stated a high official NITI Aayog. At the twenty sixth Conference of Parties (COP26) final 12 months, Prime Minister Narendra Modi had dedicated India to a net zero carbon emissions goal by 2070.

The two nations additionally mentioned how their non-public corporations might collaborate with one another and the position the 2 governments might play in public procurement of applied sciences from these corporations, the official stated.

On Monday, India and Finland introduced the institution of an Indo-Finnish Virtual Network Centre on Quantum Computing and inked a proper memorandum of understanding to that impact.

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