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  • DAILY CURRENT AFFAIRS:Germany to help India to meet its Climate Change commitment

Germany to help India to meet its Climate Change commitment

Tags: International News

Prime Minister Narendra Modi who is on a  three nation tour of Germany, Denmark and France  starting from 2 May 2022 met the German Chancellor Olaf Scholz in Berlin on his first leg of the tour on 2 May 2022.

Highlights of his Visit 

  • Both the leaders co-chaired the plenary session of the 6th India-Germany Inter-Governmental Consultations (IGC).
  • The plenary session concluded with the signing by Modi and Scholz of the Joint Declaration of Intent (JDI) establishing the Green and Sustainable Development Partnership.
  • Germany has decided to support the green growth plan of India with an additional development aid of 10 billion Euros till 2030. 
  • Both countries will set up a green hydrogen task force .
  •  Both sides agreed to develop an Indo-German Green Hydrogen Roadmap .
  • The two nations also agreed to establish an Indo-German Renewable Energy Partnership focusing on innovative solar energy and other renewables., 
  • India and Germany have agreed  to examine collaboration on green energy corridors such as the Leh-Haryana transmission line and the project of a carbon neutral Ladakh.
  • Germany welcomed the Indian announcement to become a member of the InsuResilience Global Partnership.

India’s Commitment on Climate Change 

  • At the COP-26 in Glasgow, India had committed to net-zero emissions by 2070 and declared to source 50 per cent energy requirements from renewables by 2030. 
  • India had also promised to install 500 GW of non-fossil fuel power capacity and achieve carbon intensity reduction of 45 per cent over 2005 levels by 2030.

Important for Exam 

 Federal Republic of Germany 

Germany is also known as Deutschland .

Capital : Berlin 

Currency : Euro

President : Frank-Walter Steinmeier

Chancellor : Olaf Scholz

The German Chancellor is equivalent to the Prime Minister in India .

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