India and Germany agree to develop green hydrogen roadmap

India and Germany agree to develop green hydrogen roadmap
The Indo-German partnership shows strong commitment of both sides on the implementation of the Paris Agreement and SDGs.

The Governments of the Federal Republic of Germany and of the Republic of India, under the co-chairmanship of the Federal Chancellor Olaf Scholz and Prime Minister Narendra Modi, held the sixth round of Inter-Governmental Consultations earlier this week in Berlin.

Both leaders highlighted their commitment to an economic recovery from the Covid-19 pandemic that safeguards the planet. They underlined their firm commitment to the objective of holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels and bolstering a just transition towards renewable energies.

Both sides will work towards identifying deliverables in the priority areas of energy transition, renewable energy, sustainable urban development, green mobility, circular economy, climate action inter alia on mitigation, climate resilience and adaptation, agro-ecological transformation, conservation and sustainable use of biodiversity, environment protection & sustainable use of natural resources and take stock of progress on the objectives of the Partnership on a regular basis.

As deliverables of the Indo-German Partnership for Green and Sustainable Development, both sides agreed to develop an Indo-German Green Hydrogen Roadmap based on the inputs by the Indo-German Green Hydrogen Task Force supported by the Indo-German Energy Forum (IGEF).

They stressed that the economic recovery should further build a more resilient, environmentally sustainable, climate-friendly, and inclusive future for all in line with the 2030 Agenda for Sustainable Development and the national commitments by both countries under the Paris Agreement.

They look forward to accelerating the implementation of these commitments and welcomed, in this respect, the Joint Declaration of Intent establishing the Indo-German Partnership for Green and Sustainable Development. The Partnership will aim to intensify bilateral, triangular and multilateral cooperation and link it with the strong commitment of both sides on the implementation of the Paris Agreement and SDGs.

Germany intends to strengthen its financial and technical cooperation and other assistance to India with a long-term goal of at least 10 billion Euros of new and additional commitments till 2030 under this Partnership. This will support inter alia the achievement of their ambitious goals in the climate action and sustainable development space, further promote German-Indian research and development (R&D), encourage private investment and thus aim at leveraging further funding. India and Germany stress the importance of swift implementation of existing and future commitments.

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Green Steel World Editorial Team

Green Steel World Editorial Team

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