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India Calls for Global Cooperation on Clean Energy at MI-8 and CEM-14 Ministerials

Strategic Insights

— 1 min read

Attended by delegates from about 30 countries, the Joint 8th Mission Innovation Ministerial (MI-8) and 14th Clean Energy Ministerial (CEM-14) meeting in Goa highlighted India's commitment to clean energy and global cooperation. Union Minister of State (Independent Charge) Science & Technology, Dr Jitendra Singh, emphasized the importance of collaborative efforts in driving innovation and meeting climate goals. The Minister noted India's Prime Minister Narendra Modi's vision for clean energy, outlined in the Panchamrit, which aims to reach a non-fossil fuel energy capacity of 500 GW by 2030 and reduce CO2 emissions by 1 billion tons by 2030. The meeting marked a significant step towards achieving these ambitious clean energy commitments.

Key Takeaways:

  • The Vaishvik Bhartiya Vaigyanik (VAIBHAV) Fellowship programme, introduced by Prime Minister Narendra Modi, aims to encourage outstanding scientists/technologists of Indian origin to collaborate on research activities.
  • The Fellowship will support 75 selected fellows in 18 knowledge verticals, including quantum technology and energy and material sciences.
  • Mission Innovation, spearheaded by PM Modi, was announced at COP21 in 2015, and has received recognition from the United Nations for its pioneering work in clean energy initiatives.
  • India aims to reach a non-fossil fuel energy capacity of 500 GW by 2030 and reduce CO2 emissions by 1 billion tons by 2030, as outlined in the Panchamrit.
  • The National Research Foundation (NRF) Bill, 2023, has been approved by the Indian Cabinet to promote research and innovation throughout the country's universities, colleges, and research institutions.
  • The number of start-ups in India has grown from 350 in 2014 to over 88,000, with 107 unicorns emerging in the country's rapidly growing STI ecosystem.

Statistics:

  • 30 countries in attendance at the MI-8 and CEM-14 meeting.
  • 75 selected fellows for the VAIBHAV Fellowship programme.
  • 18 identified knowledge verticals for research activities.
  • 500 GW non-fossil fuel energy capacity target by 2030.
  • 1 billion tons CO2 emissions reduction target by 2030.
  • 88,000+ start-ups in India as of 2022.
  • 107 unicorns in India as of 2022.
  • 23 unicorns emerged in India in 2022.

Sources:

  • [Not available, due to lack of cited sources in the original text.]

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