Without Indians You Can’t Solve World Problems: Germany On ₹10,028 Crore For India
The announcement came amid the visit of a delegation from the German Ministry of Economic Cooperation and Development
Mumbai: As India continues to fight against climate change, Germany on Thursday has extended support by giving aid of more than EUR 1.2 billion (approx. INR 10,025 crore) for cooperation on clean energy.
“New commitments made in bilateral government negotiations 2021. More than EUR 1.2 billion (EUR 713 million for energy, EUR 409 million for urban development, EUR 90 million for agroecology and natural resources),” govt sources from Germany said.
The announcement came amid the visit of a delegation from the German Ministry of Economic Cooperation and Development.
Meanwhile, German Ambassador to India Walter Lindner, at a press conference said, “Without Indians, you cannot solve any big world problems, and one of the biggest is climate change. We try to work together with India and help with climate change, renewable energy and similar projects, which also helps in working towards our own goals we promised at COP26 in Glasgow.”
“While we try to support India, we fulfil our own goals promised in Glasgow. Here, we assist India in a range of projects across the country that is huge in dimension. I travel a lot through this country and everywhere I find different projects that the two countries are working together and learning from each other,” the ambassador added.
Professor Dr Claudia Warning, Director General from the German Ministry for Economic Cooperation and Development asserted that the relation between both countries is of shared value and vision.
Dr. Claudia said, “India is the biggest development cooperation partner for Germany. This cooperation of 63 years is based on a strong foundation of shared values and vision. Both countries have borne the brunt of climate change.”
“Germany wants to strengthen this partnership even further and hence it remains committed to its friendship with the people of India,” Dr Warning added.
The Indo-German cooperation is resting on four key megatrends i.e. climate change, urbanisation, degradation of natural resources, pressure on democracy and society.
Interestingly, India and Germany account together for nearly 9% of global greenhouse gas (GHG), a strict policy of climate neutrality only way forward.
Targeting to reach climate neutrality by 2045, Germany raised its climate ambition and emissions reductions in the energy and industry sectors by 77 and 58 % compared to 1990.
At COP26 Prime Minister Narendra Modi had announced that India targets to achieve net-zero emissions by 2070.
India and Germany agreed to phase down unabated coal power, at COP26. India has already identified 50 gigawatts (GW) of coal plants for retirement by 2027.
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